Common use of Adoption of the Plan Clause in Contracts

Adoption of the Plan. The Association Member adopts the Plan as a Participating Employer pursuant to the terms of the Plan and this Participation Agreement, effective as of the Participation Agreement Effective Date. The participation in the Plan is conditioned on the timely payment by the Participating Employer of its proportional share of contributions under the Plan, an Compensation, payment will be transmitted to the Trust as soon as practicable after such amounts would otherwise have been paid to the Participant.

Adoption of the Plan. The specified Association Member adopts the Plan as a Participating Employer pursuant to the terms of the Plan and this Participation Agreement, effective as of the Participation Agreement Effective Date. The Participating Employer’s participation in the Plan is conditioned on the timely payment by the Participating Employer of its proportional share of contributions under the Plan, an and in the case of contributions deducted from a Participant’s Compensation, payment will be transmitted to the Trust made as soon as practicable practicable, but in no event later than the thirtieth (30th) day after such amounts would otherwise have been paid to the Participant.

Adoption of the Plan. The Association Member adopts the Plan as a Participating Employer pursuant to the terms of the Plan and this Participation Agreement, effective as of the Participation Agreement Effective Date. The Participating Employer’s participation in the Plan is conditioned on the timely payment by the Participating Employer of its proportional share of contributions under the Plan, an and in the case of contributions deducted from a Participant’s Compensation, payment will be transmitted to the Trust as soon as practicable after such amounts would otherwise have been paid to the Participant.