Common use of Plan Accounts Clause in Contracts

Plan Accounts. As soon as reasonably practicable following the Transfer Date, Purchaser shall cause a tax qualified defined contribution plan of Purchaser (the “Purchaser 401(k) Plan”), to accept rollover contributions of “eligible rollover distributions” (within the meaning of Section 401(a)(31) of the Code, including loans) in cash and notes in the case of loans (and, for the avoidance of doubt, excluding any employer stock) in an amount equal to the eligible rollover distribution portion of the account balance distributable to such Transferred Employee from the tax qualified defined contribution plan of Seller subject to the terms and conditions of the Purchaser 401(k) Plan and Purchaser’s determination that such rollovers will not adversely affect the tax-qualified status of the Purchaser 401(k) Plan.