PLAN TRUST. Immediately after the Distribution Date or prior to that time, Leap shall establish, or cause to be established, a trust qualified under Code Section 401(a), exempt from taxation under Code Section 501(a)(1), and forming part of the Leap 401(k) Plan.
Appears in 3 contracts
Sources: Employee Benefits Agreement (Leap Wireless International Inc), Employee Benefits Agreement (Leap Wireless International Inc), Employee Benefits Agreement (Leap Wireless International Inc)