Permissive Aggregation Group. The group of qualified plans of an Employer consisting of: (a) the plans in the Required Aggregation Group; plus (b) one (1) or more plans designated from time to time by the Administrative Committee that are not part of the Required Aggregation Group but that satisfy the requirements of sections 401(a)(4) and 410 of the Code when considered with the Required Aggregation Group.
Appears in 2 contracts
Sources: Employee Savings Plan (Lincoln Electric Holdings Inc), Employee Savings Plan (Lincoln Electric Holdings Inc)
Permissive Aggregation Group. The group of qualified plans of an Employer consisting of:: -115- NAI-1526973031v4
(a) the plans in the Required Aggregation Group; plus
(b) one (1) or more plans designated from time to time by the Administrative Committee that are not part of the Required Aggregation Group but that satisfy the requirements of sections 401(a)(4) and 410 of the Code when considered with the Required Aggregation Group.
Appears in 1 contract
Sources: Employee Savings Plan (Lincoln Electric Holdings Inc)
Permissive Aggregation Group. The group of qualified plans of an Employer consisting of:: 140
(a) the plans in the Required Aggregation Group; plus
(b) one (1) or more plans designated from time to time by the Administrative Committee that are not part of the Required Aggregation Group but that satisfy the requirements of sections 401(a)(4) and 410 of the Code when considered with the Required Aggregation Group.
Appears in 1 contract
Sources: Employee Savings Plan (Lincoln Electric Holdings Inc)