Examples of Affiliated Employer in a sentence
For the purpose of this Section 7.04, all tax-qualified defined benefit plans ever maintained by an affiliated employer, whether or not terminated, shall be treated as one defined benefit plan, and all tax-qualified defined contribution plans ever maintained by an Affiliated Employer shall be treated as one defined contribution plan, and such benefits accrued or distributed under plans aggregated in accordance with Treasury Regulation section 1.415(f)-1 shall not exceed the limitations in Code section 415.
In the event a Participating Employer is not an Affiliated Employer, then the provisions of Article XII shall apply rather than the provision of this Article XI.
To pool all or any of the Trust Fund, from time to time, with assets belonging to any other qualified employee pension benefit trust created by the Employer or any Affiliated Employer, and to commingle such assets and make joint or common investments and carry joint accounts on behalf of this Plan and such other trust or trusts, allocating undivided shares or interests in such investments or accounts or any pooled assets of the two or more trusts in accordance with their respective interests.
If a Participant's employment with the Employer and any Affiliated Employer is severed for any reason other than death, Total and Permanent Disability, or attainment of the Participant's Retirement Date, then such Participant shall be entitled to such benefits as are provided herein.
Lead Employer" means the signatory Employer to the Adoption Agreement execution page, and does not include any Affiliated Employer or Participating Employer.