DISTRIBUTION RESTRICTIONS UNDER. CODE Section 401(k). If the Plan receives a direct transfer (by merger or otherwise) of elective contributions (or amounts treated as elective contributions) under a Plan with a Code Section 401(k) arrangement, the distribution restrictions of Code Sections 401(k)(2) and (10) continue to apply to those transferred elective contributions.
Appears in 3 contracts
Sources: Defined Contribution Master Plan and Trust Agreement (Oceaneering International Inc), 401(k) Plan (Diamond Technology Partners Inc), Adoption Agreement (Schuler Homes Inc)
DISTRIBUTION RESTRICTIONS UNDER. CODE Section 401(k401(K). If the Plan receives a direct transfer (by merger or otherwise) of elective contributions (or amounts treated as elective contributions) under a Plan with a Code Section 401(k) arrangement, the distribution restrictions of Code Sections 401(k)(2) and (10) continue to apply to those transferred elective contributions.
Appears in 2 contracts
Sources: Defined Contribution Master Plan and Trust Agreement (Horizon Health Corp /De/), Defined Contribution Prototype Plan and Trust Agreement (Mmi Products Inc)
DISTRIBUTION RESTRICTIONS UNDER. CODE Section SECTION 401(k). If the Plan receives a direct transfer (by merger or otherwise) of elective contributions (or amounts treated as elective contributions) under a Plan with a Code Section 401(k) arrangement, the distribution restrictions of Code Sections 401(k)(2) and (10) continue to apply to those transferred elective contributions.
Appears in 1 contract
Sources: Salary Deferral Plan (Team Inc)