RELIANCE ON PLAN Clause Samples
RELIANCE ON PLAN. An adopting Employer may not rely solely on this Plan to ensure that the Plan is “unfunded and maintained primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees” with respect to the Employer’s particular situation. This Agreement must be reviewed by the Employer’s attorney before it is executed. This Adoption Agreement may be used only in conjunction with the CORPORATEplan for Retirement Executive Plan Basic Plan Document.
RELIANCE ON PLAN. An adopting Employer may not rely solely on this Plan to ensure that the Plan is "unfunded and maintained primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees" and exempt from Parts 2 through 4 of Title I of the Employee Retirement Income Security Act of 1974 with respect to the Employer's particular situation. This Agreement must be reviewed by your attorney and/or accountant before it is executed. This Adoption Agreement may be used only in conjunction with the CORPORATEplan for Retirement Select Basic Plan Document. EXECUTION PAGE (Fidelity's Copy)
RELIANCE ON PLAN. The parties acknowledge that the terms of the Plan govern except as specifically provided herein. Any undefined capitalized terms herein shall have the meaning set forth in the Plan. By executing this Participation Agreement, the Participant acknowledges and agrees that his entitlement to payments under the Plan shall be made in accordance with, and subject to, the terms of the Plan and this Participation Agreement.