Common use of Authorization of Qualified Nonelective Contributions Clause in Contracts

Authorization of Qualified Nonelective Contributions. Will the Employer make Qualified Nonelective Contributions to the Plan? (Choose One) Option 1: [ ] Yes.

Appears in 3 contracts

Sources: Flexible Standardized 401(k) Profit Sharing Plan Adoption Agreement (Tri Continental Corp), Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Tri Continental Corp), Flexible Standardized 401(k) Profit Sharing Plan Adoption Agreement (Alloy Online Inc)

Authorization of Qualified Nonelective Contributions. Will the Employer make Qualified Nonelective Contributions to the Plan? Plan (Choose One) Option one)? OPTION 1: [ ] Yes. OPTION 2: [X] No. If the Employer elects to make Qualified Nonelective Contributions, then the amount, if any, of such contribution to the Plan for each Plan Year shall be an amount determined by the Employer. NOTE: If no option is selected, Option 1 will be deemed to be selected. Complete the remainder of Section 8 only if Option 1 is selected.

Appears in 1 contract

Sources: Comprehensive Standardized 401(k) Profit Sharing Plan Adoption Agreement (Edutrek Int Inc)

Authorization of Qualified Nonelective Contributions. Will the Employer make Qualified Nonelective Contributions to the Plan? (Choose OneCHOOSE ONE) Option OPTION 1: [X] Yes. OPTION 2: [ ] YesNo. If the Employer elects to make Qualified Nonelective Contributions, then the amount, if any, of such contribution to the Plan for each Plan Year shall be an amount determined by the Employer. NOTE: IF NO OPTION IS SELECTED, OPTION 1 WILL BE DEEMED TO BE SELECTED. COMPLETE THE REMAINDER OF SECTION 8 ONLY IF OPTION 1 IS SELECTED.

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan Adoption Agreement (Miami Computer Supply Corp)

Authorization of Qualified Nonelective Contributions. Will the Employer make Qualified Nonelective Contributions to the Plan? (Choose Oneone) Option 1: [ [X] Yes.

Appears in 1 contract

Sources: Qualified Retirement Plan (Teardrop Golf Co)

Authorization of Qualified Nonelective Contributions. Will the Employer make Qualified Nonelective Contributions to the Plan? (Choose One) Option 1: [ ] o Yes.

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan Adoption Agreement (Ihop Corp)