Rollover documentation Sample Clauses
The Rollover documentation clause defines the process and requirements for extending or renewing an existing agreement or financial arrangement beyond its original term. Typically, this clause outlines the necessary steps, such as providing notice within a specified timeframe or executing updated documents, to effectuate the rollover. Its core practical function is to ensure a smooth and predictable transition when parties wish to continue their relationship, thereby reducing uncertainty and administrative burden associated with negotiating entirely new agreements.
Rollover documentation. If the Plan Administrator permits Rollover Contributions, any Participant (or as applicable, any Eligible Employee), with the Plan Administrator's written consent and after filing with the Plan Administrator the form prescribed by the Plan Administrator, may make a Rollover Contribution to the Trust. Before accepting a Rollover Contribution, the Plan Administrator may require a Participant (or Eligible Employee) to furnish satisfactory evidence the proposed transfer is in fact a "rollover contribution" which the Code permits an employee to make to a qualified plan.
