Common use of Permissive Clause in Contracts

Permissive. Aggregation Group shall mean the required aggregation group of plans plus any other plan or plans of the Employer which, when considered as a group with the required aggregation group, would continue to satisfy the requirements of Sections 401(a)(4) and 410 of the Code.

Appears in 2 contracts

Sources: Defined Benefit Plan and Trust Agreement, Adoption Agreement (Environmental Power Corp)