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Common use of Multiple Employers Clause in Contracts

Multiple Employers. If a Participant is employed by more than one Employer in a Plan Year, a separate amount of Recognized Compensation shall be determined for each Employer.

Appears in 4 contracts

Sources: Employee Stock Ownership Plan Trust Agreement (People's Utah Bancorp), Retirement Plan (Piper Jaffray Companies), Pension Plan Trust Agreement (Entegris Inc)

Related Clauses

  • RELATED EMPLOYERS
  • The Employer
  • Salary Benefits and Bonus Compensation
  • Employers
  • Employer

Parent Clauses

  • Call Feature
  • Separate Testing
  • Suspension from Further Contributions
  • Beneficiary Designation
  • Family Member Correction

Sub-Clauses

  • Defined Benefit Fraction
  • Combined Plan Limits and Correction
  • Defined Contribution Fraction
  • Correcting a Multiple Plan Excess
  • Maximum Annual Addition
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