Common use of Protected Benefit Clause in Contracts

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 2 contracts

Sources: 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulationsregulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 1 contract

Sources: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp)

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-41.411(d) -4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Knowles Corp)

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-41.411(d)‑4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulationsregulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 1 contract

Sources: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)