Discretionary Actions. The Administrator shall have discretionary authority to determine eligibility for benefits and construe the terms of the Plan. Any discretionary action, including the granting of a loan pursuant to Article XII hereof, to be taken by the Employer or the Administrator under this Plan shall be non-discriminatory in nature and all Employees similarly situated shall be treated in a uniform manner.
Appears in 3 contracts
Sources: Prototype 401(k) Plan (United States Lime & Minerals Inc), 401(k) Plan Adoption Agreement (United States Lime & Minerals Inc), Prototype 401(k) Plan (Associated Estates Realty Corp)
Discretionary Actions. The Administrator shall have discretionary --------------------- authority to determine eligibility for benefits and construe the terms of the Plan. Any discretionary action, including the granting of a loan pursuant to Article XII hereof, to be taken by the Employer or the Administrator under this Plan shall be non-discriminatory in nature and all Employees similarly situated shall be treated in a uniform manner.
Appears in 1 contract
Sources: 401(k) Plan Adoption Agreement (Chandler Insurance Co LTD)