Common use of One Classification Only Clause in Contracts

One Classification Only. The Employer, in a nondiscriminatory manner, if this is an ERISA Plan, will direct the Plan Administrator to place the Participant in only one classification for the entire Plan Year during which the shift occurs.

Appears in 6 contracts

Sources: Adoption Agreement, 403(b) Volume Submitter Plan Adoption Agreement, 403(b) Volume Submitter Plan Adoption Agreement