Ordinary Life Insurance. For purposes of these incidental insurance provisions, ordinary life insurance contracts are contracts with both nondecreasing death benefits and nonincreasing premiums. If such contracts are purchased, less than 50% of the aggregate Employer Contributions and Forfeitures allocated to any Participant's Individual Account will be used to pay the premiums attributable to them.
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Samples: Qualified Retirement Plan and Trust Defined (Alaska Pacific Bancshares Inc), Qualified Retirement Plan and Trust (Camco Financial Corp), Qualified Retirement Plan and Trust (Edelbrock Corp)
Ordinary Life Insurance. For purposes of these incidental insurance provisions, ordinary life insurance contracts are contracts with both nondecreasing death benefits and nonincreasing premiums. If such contracts are purchased, less than 50% 50 percent of the aggregate Employer Contributions and Forfeitures allocated to any Participant's ’s Individual Account will be used to pay the premiums attributable to them.
Appears in 1 contract
Ordinary Life Insurance. For purposes of these incidental insurance provisions, ordinary life insurance contracts are contracts with both nondecreasing non decreasing death benefits and nonincreasing premiums. If such contracts are purchased, less than 50% of the aggregate Employer Contributions and Forfeitures allocated to any Participant's Individual Account will be used to pay the premiums attributable to them.
Appears in 1 contract
Samples: Bradford Funds Inc
Ordinary Life Insurance. For purposes of these incidental m6dental insurance provisions, ordinary life insurance contracts are contracts with both nondecreasing death benefits and nonincreasing premiums. If such contracts are purchased, less than 50% of the aggregate Employer Contributions and Forfeitures allocated to any Participant's Individual Account will be used to pay the premiums attributable to them.
Appears in 1 contract
Samples: Nabi /De/
Ordinary Life Insurance. For purposes of these incidental insurance provisions, ordinary life insurance contracts are contracts with both nondecreasing death benefits and nonincreasing premiums. If such contracts are purchased, less than 50% of the aggregate Employer Contributions and Forfeitures allocated to any Participant's Individual Account will be used to pay the premiums attributable to them.,
Appears in 1 contract
Samples: Antigenics Inc /De/
Ordinary Life Insurance. For purposes of these incidental insurance provisions, ordinary life insurance contracts are contracts with both nondecreasing death benefits and nonincreasing premiums. If such contracts are purchased, less than 50% 50 percent of the aggregate Employer Contributions and Forfeitures allocated to any Participant's Individual Account will be used to pay the premiums attributable to them.
Appears in 1 contract
Ordinary Life Insurance. For purposes of these incidental insurance provisions, ordinary life insurance contracts are contracts with both nondecreasing non-decreasing death benefits and nonincreasing non-increasing premiums. If such contracts are purchased, less than 50% of the aggregate Employer Contributions and Forfeitures allocated to any Participant's Individual Account will be used to pay the premiums attributable to them.
Appears in 1 contract
Samples: Qualified Retirement Plan and Trust (Connecticut Water Service Inc / Ct)
Ordinary Life Insurance. For purposes of these incidental insurance provisions, . ordinary life insurance contracts are contracts with both nondecreasing death benefits and nonincreasing premiums. If such contracts are purchased, less than 50% of the aggregate aggt'egate Employer Contributions and Forfeitures allocated to any Participant's Individual Account will be used to pay the premiums pttetniums attributable to them.
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Samples: Weststar Financial Services Corp