Common use of Aggregation of Plans Clause in Contracts

Aggregation of Plans. If the Plan Sponsor offers non-account balance deferred compensation plans in addition to the Plan, those plans, together with the Plan, shall be treated as a single plan to the extent required under Section 409A.

Appears in 6 contracts

Sources: Salary Continuation Plan Agreement (Old Line Bancshares Inc), Salary Continuation Plan Agreement (Old Line Bancshares Inc), Salary Continuation Plan Agreement (Old Line Bancshares Inc)

Aggregation of Plans. If the Plan Sponsor offers non-account balance deferred compensation plans in addition to the Plan, those plans, together with the Plan, shall be treated as a single plan to the extent required under Section 409A.409A. Exhibit 10.41

Appears in 1 contract

Sources: Salary Continuation Plan Agreement (Old Line Bancshares Inc)