Common use of Glossary of Plan Terms Clause in Contracts

Glossary of Plan Terms. ‌ The following words and phrases, when used herein shall have the meanings indicated below, unless a different meaning is clearly indicated by the context. All references to Sections herein pertain to Sections of the Plan unless otherwise indicated by the text or context. 14.01 410(b)(6)(C) Transaction: A "§410(b)(6)(C) transaction” is an asset or stock acquisition, merger, or similar transaction involving a change in the Employer of the Employees of a trade or business. Employees excluded as a result of a “section 410(b)(6)(C) transaction” will be excluded during the period beginning on the date of the transaction and ending on the last day of the first Plan Year beginning after the date of the transaction and ending on the last day of the first Plan Year beginning after the date of the transaction.