PARTICIPANT ROLLOVER CONTRIBUTIONS Sample Clauses

PARTICIPANT ROLLOVER CONTRIBUTIONS. Any Participant, with the Employer's written consent and after filing with the Trustee the form prescribed by the Advisory Committee, may contribute cash or other property to the Trust other than as a voluntary contribution if the contribution is a "rollover contribution" which the Code permits an employee to transfer either directly or indirectly from one qualified plan to another qualified plan. Before accepting a rollover contribution, the Trustee may require an Employee to furnish satisfactory evidence that the proposed transfer is in fact a "rollover contribution" which the Code permits an employee to make to a qualified plan. A rollover contribution is not an Annual Addition under Part 2 of Article III. The Trustee will invest the rollover contribution in a segregated investment Account for the Participant's sole benefit unless the Trustee (or the Named Fiduciary, in the case of a nondiscretionary Trustee designation), in its sole discretion, agrees to invest the rollover contribution as part of the Trust Fund. The Trustee will not have any investment responsibility with respect to a Participant's segregated rollover Account. The Participant, however, from time to time, may direct the Trustee in writing as to the investment of his segregated rollover Account in property, or property interests, of any kind, real, personal or mixed; provided however, the Participant may not direct the Trustee to make loans to his Employer. A Participant's segregated rollover Account alone will bear any extraordinary expenses resulting from investments made at the direction of the Participant. As of the Accounting Date (or other valuation date) for each Plan Year, the Advisory Committee will allocate and credit the net income (or net loss) from a Participant's segregated rollover Account and the increase or decrease in the fair market value of the assets of a segregated rollover Account solely to that Account. The Trustee is not liable nor responsible for any loss resulting to any Beneficiary, nor to any Participant, by reason of any sale or investment made or other action taken pursuant to and in accordance with the direction of the Participant. In all other respects, the Trustee will hold, administer and distribute a rollover contribution in the same manner as any Employer contribution made to the Trust. An eligible Employee, prior to satisfying the Plan's eligibility conditions, may make a rollover contribution to the Trust to the same extent and in the same manner a...
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PARTICIPANT ROLLOVER CONTRIBUTIONS. The Plan does not permit Participant rollover contributions.
PARTICIPANT ROLLOVER CONTRIBUTIONS. To the extent permissible under Code Section 402(c), all or part of a distribution from a plan that satisfies the requirements of Code Section 401(a), or from an individual retirement account which is attributable solely to a rollover contribution within the meaning of Code Section 408(d)(3), may be rolled over into this Plan by any Active Participant and credited to a Rollover Account established for such Active Participant in accordance with rules which the Administration Committee shall prescribe from time to time. Any rollover contributions in accordance with this Section shall not be subject to distribution except as expressly provided under the terms of this Plan. No rollover shall be accepted which is not in cash, except that in the case of an amount consisting in whole or in part of Stock distributable from the from the Western Digital Corporation Employee Stock Ownership Plan following and on account of the termination of such Plan, such requirement that a rollover be in cash shall not preclude the acceptance of such rollover amount. Any shares of Stock rolled into this Plan pursuant to this Section 4.8. shall be subject to rules set forth in this Plan regarding Stock, and the Administration Committee may establish such accounts or subaccounts as it deems appropriate to reflect such shares of Stock.
PARTICIPANT ROLLOVER CONTRIBUTIONS. 18 Article V
PARTICIPANT ROLLOVER CONTRIBUTIONS. 13 4.04 PARTICIPANT CONTRIBUTION - FORFEITABILITY.................................13 4.05 PARTICIPANT CONTRIBUTION WITHDRAWAL/ DISTRIBUTION.........................13 4.06
PARTICIPANT ROLLOVER CONTRIBUTIONS. Any Participant, with the Employer's written consent and after filing with the Trustee the form prescribed by the Advisory Committee, may contribute cash or Flow ESOP Stock to the Trust other than as a voluntary contribution if the contribution is a "rollover contribution" which the Code permits an employee to transfer either directly or indirectly from one qualified plan to another qualified plan. Before accepting a rollover contribution, the Trustee may require an Employee to furnish satisfactory evidence that the proposed transfer is in fact a "rollover contribution" which the Code permits an employee to make to a qualified plan. A rollover contribution is not an Annual Addition under Part 2 of Article III. "Flow ESOP Stock" is stock in Flow International Corporation received by a participant in the Flow International Corporation Employee Stock Ownership Plan (or by a participant's beneficiary) in a distribution after March 31, 1998, on account of the termination of the Flow International Corporation Employee Stock Ownership Plan. If the Participant makes a rollover contribution to the Trust Fund, such amount shall be subject to the Participant's direction of investment in accordance with Section 8.10. Rollover contributions will be credited to the Participant's "Rollover Account." The Trustee shall hold, administer and distribute a rollover contribution in the same manner as any Employer discretionary contribution made to the Trust, except that distributions of a rollover contribution that consists of Flow ESOP Stock shall be only in lump sum.
PARTICIPANT ROLLOVER CONTRIBUTIONS of the portion of a distribution from an individual retirement account or annuity described in Code Section 408(a) or 408(b) that is eligible to be rolled over and would otherwise be includible in gross income, provided, however, that the Plan will in no event accept a rollover contribution consisting of nondeductible individual retirement account or annuity contributions.
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PARTICIPANT ROLLOVER CONTRIBUTIONS. 3.5(a) If permitted by the Employer as indicated in Option 7(c) of the Adoption Agreement, a Participant while an Eligible Employee may make a “Rollover Contribution” which is a qualifying rollover contribution under Section 402(a) of the Code of cash or other property acceptable to the Trustee, or cash attributable to a sale of property, distributed (other than any distribution if any part of the distribution is attributable to contributions made on behalf of the Participant while a key employee (defined in the same sense as Key Employee, but with respect to the employer maintaining the plan in question) in a top heavy plan described in Section 416 of the Code) from an eligible retirement plan. Before accepting any such contribution, the Trustee may require that the Participant, and/or the trustee, custodian or other funding agent of any such plan, trust, bond, annuity or account from which the cash or property is to be deposited, make such certification as the Trustee deems necessary respecting the distributing plan, trust, bond, annuity or account, the amount and nature of the distribution and any other information the Trustee may reasonably require.
PARTICIPANT ROLLOVER CONTRIBUTIONS. The Employer, operationally and on a nondiscriminatory basis, may elect to permit Participant rollover contributions. A rollover contribution is an amount of cash or property that the Code permits an eligible Employee or Participant to transfer directly or indirectly to this Plan from another qualified plan. If the Employer permits rollover contributions, any eligible Employee or Participant, with the Employer's written consent and after filing with the Trustees the form prescribed by the Plan Administrator, may make a rollover contribution to the Trust. Before accepting a rollover contribution, the Trustees may require satisfactory evidence that the proposed transfer is a rollover contribution permitted by the Code to a qualified plan. The Trustees may decline to accept a rollover
PARTICIPANT ROLLOVER CONTRIBUTIONS. The Plan does not permit Participant rollover contributions. * * * * * * * * * * * * * * *
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