Plan Registration Clause Samples
The Plan Registration clause establishes the requirement for formally registering a plan, such as an employee benefit or retirement plan, with the appropriate regulatory authorities. In practice, this clause outlines the steps, documentation, and timelines necessary to complete the registration process, ensuring that the plan complies with relevant laws and regulations before it becomes effective. Its core function is to ensure legal compliance and transparency, thereby protecting both the plan sponsor and participants from potential legal or regulatory issues.
Plan Registration. With respect to any Plan under which Executive is granted shares of Company Common Stock, or options to purchase shares of Company Common Stock, at any time when such stock is publicly traded, prior to such time as shares become vested (e.g., in the case of an award of restricted stock) or options granted to Executive under the Plan are first exercisable, if such shares must be registered in order to be sold, the Company shall have registered the interests in the Plan and the shares of Company’s Common Stock reserved thereunder prior to the date on which the shares vest or the options first become exercisable, in accordance with all applicable securities laws.
Plan Registration. It is understood and agreed that the Plan shall be such that it can and shall be registered, and continue to be registered, under applicable Federal or Provincial law in respect of pension plans. Subject to the foregoing, the Employers and the Union agree to be bound by actions taken by the Employer and the Union Trustees under the Plan.
Plan Registration. (a) Upon receipt of the Beneficiary’s Social Insurance Number within the time period specified in section 2.02(a), if the Plan has not otherwise been registered as an RESP, the Agent will apply for registration of the Plan as an RESP.
(b) In the event that the Condition Subsequent occurs, the Plan is determined by the Canada Revenue Agency not to be registerable as an RESP, or the Subscriber requests a total Contribution Refund if such request is made within sixty (60) days after the signing of the Application, the Agreement shall be terminated.
Plan Registration. (a) The City’s intended acquisition of the ROW shall not delay registration of the contemplated subdivision plan.
(b) If the City’s acquisition of the ROW is not complete prior to registration of the subdivision plan, the City may be entitled to register a caveat under the Land Titles Act, based on an executed agreement between the City and the Landowner, against the Certificate of Title for the ROW (if a separate parcel) or the lands containing the ROW (if part of a larger parcel), which will protect the land from interim development and create a right to purchase by the City.
Plan Registration. The grant of the Option is, and the purchase of the Option Shares described herein will be, pursuant to the Plan and the Option Shares are and will be covered by a registration statement covering shares underlying options granted pursuant to the Plan.
Plan Registration. Trustee is responsible with regard to the administration of the retirement plan including its obligations to follow the governing plan document. NFS is not responsible for any tax filing on behalf of your plan or IRA. The plan trustee or IRA Custodian will be responsible for additional reporting, tax filing, and disclosures required on this account. NFS does not perform any disclosures and/or filings on behalf of the plan. For plan accounts, note that NFS in its capacity as a clearing firm may not be providing all the necessary information required for your plan’s trustee to complete these additional filings and disclosures.
Plan Registration. Our comments on "in each province that is a party to the agreement" in subsection 6(1) versus "province" in subsection 6(3) are the same as for Section 3 above. Our comments on section 7 are the same as those on section 5.
Plan Registration