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Common use of Not Permitted Clause in Contracts

Not Permitted. Does not permit Wraparound Elections (or the Employer does not maintain a 401(k) plan covering any Participants).

Appears in 5 contracts

Sources: Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Rurban Financial Corp), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc)

Not Permitted. Does not permit Wraparound Elections (or the Employer does not maintain a 401(k) or 403(b) plan covering any Participants).

Appears in 1 contract

Sources: Supplemental Executive Retirement Plan Adoption Agreement (Landstar System Inc)

Related Clauses

  • Certain Permitted Transfers
  • Assignments, Successors, and No Third-Party Rights
  • Conditions on Permitted Transfers
  • Payment Permitted If No Default
  • Certain Permitted Disclosure

Parent Clauses

  • Rights and Responsibilities
  • Contributions
  • Catch-Up Contributions
  • ▇▇▇▇ Catch-Up Contributions
  • CATCH-UP DEFERRALS

Sub-Clauses

  • Year of continuous service
  • Operation
  • Orders
  • Installation
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