Common use of Plan Determinations Clause in Contracts

Plan Determinations. Each Company Plan intended to qualify under Code Section 401(a) has either received a determination letter from the Internal Revenue Service (“IRS”) or is documented using a prototype or volume submitter plan document with respect to which the IRS has issued an opinion letter upon which such Company may reasonably rely to the effect that the Company Plan (or form of Plan document) so qualifies. Copies of all such determination letters and opinion letters that have been received by such Company have been delivered to Buyer, and no Company nor any Seller has taken any action, or received any notification of any action taken by any other Person since the date of such determination letters or opinion letters that might reasonably be expected to cause the loss of such qualification or exemption. With respect to each Company Plan that is a qualified profit sharing plan, all employer contributions accrued for plan years ending prior to the Closing under the Company Plan terms and Applicable Laws have been made.

Plan Determinations. Each Company Plan intended to qualify under Code Section 401(a) has either received a determination letter from been determined by the Internal Revenue Service (“IRS”) or to so qualify and is documented using a prototype or volume submitter plan document with respect so qualified, and the trusts created thereunder have been determined to which the IRS has issued an opinion letter upon which such Company may reasonably rely to the effect that the Company Plan (or form of Plan documentbe exempt from Tax under Code Section 501(a) and are so qualifies. Copies exempt; copies of all such determination letters and opinion letters that have been received by such the Company have been delivered made available to Buyer, and no neither the Company, or to the Company’s Knowledge or to the Principal Stockholders’ Knowledge, any Company Subsidiary nor any Seller Principal Stockholder has taken any action, or received any notification of any action taken by any other Person since the date of such determination letters or opinion letters that might reasonably be expected to cause the loss of such qualification or exemption. With respect to each Company Plan that is a qualified profit sharing plan, all employer contributions accrued for plan years ending prior to the Closing under the Company Plan terms and Applicable Laws have been made.

Plan Determinations. Each Company Plan intended to qualify under Code Section 401(a) has either received a determination letter from the Internal Revenue Service (“IRS”) or is documented using a prototype or volume submitter plan document with respect to which the IRS has issued an opinion letter upon which such the Company may reasonably rely to the effect that the Company Plan (or form of Plan document) so qualifies. Copies ; copies of all such determination letters and opinion letters that have been received by such the Company have been delivered to Buyer, and no neither the Company nor any Seller has taken any action, or received any notification of any action taken by any other Person since the date of such determination letters or opinion letters that might reasonably be expected to cause the loss of such qualification or exemption. With respect to each Company Plan that is a qualified profit sharing plan, all employer contributions accrued for plan years ending prior to the Closing under the Company Plan terms and Applicable Laws have been made.