Common use of Call Feature Clause in Contracts

Call Feature. The Administrator shall have the night to call any Participant loan once a Participant's employment with all Related Companies has terminated, unless he on she is otherwise a party in interest (as defined in ERISA section 3(14)), or if the Plan is terminated.

Appears in 1 contract

Sources: Savings Plan Amendment (New Nisource Inc)

Call Feature. The Administrator shall have the night to call any Participant loan once a Participant's employment with all Related Companies has terminated, unless he on or she is otherwise a party in interest (as defined in ERISA section 3(14)), or if the Plan is terminated.

Appears in 1 contract

Sources: 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc)