Application of Withdrawal Provisions. The withdrawal provisions contained in Section A.18.18(C)(3) and (4) shall be applicable only if the withdrawing Participating Employer continues to cover its Participants and eligible Employees in another plan and trust qualified under sections 401 and 501 of the Code. Otherwise, the termination provisions of the Plan and Trust Agreement shall apply with respect to the withdrawing Participating Employer.
Appears in 1 contract
Sources: Defined Contribution Plan (Profit Sharing or Profit Sharing 401(k)) (Temporary Investment Fund Inc)
Application of Withdrawal Provisions. The withdrawal provisions contained in Section A.18.18(C)(3) 19.2 and (4) Section 19.3 shall be applicable only if the withdrawing Participating adopting Affiliated Employer continues to cover its Participants and eligible Employees in another plan and trust qualified under sections 401 and 501 of the Code. Otherwise, the termination provisions of the Plan and Trust Agreement shall apply with respect to the withdrawing Participating Employerapply.
Appears in 1 contract
Sources: Defined Contribution Plan and Trust Agreement (Trust for Federal Securities)
Application of Withdrawal Provisions. The withdrawal provisions contained in Section A.18.18(C)(3A.18.18(G)(3) and (4) shall be applicable only if the withdrawing Participating Employer continues to cover its Participants and eligible Employees in another plan and trust qualified under sections 401 and 501 of the Code. Otherwise, the termination provisions of the Plan and Trust Agreement shall apply with respect to the withdrawing Participating Employer.
Appears in 1 contract
Sources: Defined Contribution Plan Adoption Agreement (Chestnut Street Exchange Fund)