Common use of Related Employers Clause in Contracts

Related Employers. If the Adopting Employer is part of a controlled group of corporations (as defined in Code section 414(b) as modified by Code section 415(h)), a group of commonly controlled trades or businesses (as defined in Code section 414(c) as modified by Code section 415(h)) or an affiliated service group (as defined in Code section 414(m)) of which the Adopting Employer is a part, or any other entity required to be aggregated with the Adopting Employer pursuant to Code section 414(o), then all Related Employers of the Adopting Employer will participate in this Plan. SECTION ONE: EFFECTIVE DATES Complete Part A or B Part A. Part B. New Plan Effective Date This is the initial adoption of a 401(k) profit sharing plan by the Adopting Employer. The Effective Date of this Plan is . (Must be no earlier than the first day of the Plan Year in which the Plan is adopted.) If different from the Effective Date above, Elective Deferrals can be made under this Plan effective (select one):

Appears in 5 contracts

Samples: Trust and Custodial Agreement, Trust and Custodial Agreement, Qualified Retirement Plan

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Related Employers. If the Adopting Employer is part of a controlled group of corporations (as defined in Code section 414(b) as modified by Code section 415(h)), a group of commonly controlled trades or businesses (as defined in Code section 414(c) as modified by Code section 415(h)) or an affiliated service group (as defined in Code section 414(m)) of which the Adopting Employer is a part, or any other entity required to be aggregated with the Adopting Employer pursuant to Code section 414(o), then all Related Employers of the Adopting Employer will participate in this Plan. SECTION ONE: EFFECTIVE DATES Complete Part A or B Part A. Part B. New Plan Effective Date This is the initial adoption of a 401(k) profit sharing plan by the Adopting Employer. The Effective Date of this Plan is . (Must be no earlier than the first day of the Plan Year in which the Plan is adoptedon or after January 1, 2007.) If different from the Effective Date above, Elective Deferrals can be made under this Plan effective (select one):

Appears in 1 contract

Samples: Qualified Retirement Plan

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