4.8Rollover Contributions. Any Employee who is eligible to participate in the Plan may make Rollover Contributions to his Rollover Account in the Plan. In order to make a Rollover Contribution, the Employee must comply with such procedures, and furnish the Committee with such information, as the Committee may deem necessary or appropriate. If a contribution is accepted into an Employees Rollover Account, and it is later determined that the contribution was not a valid Rollover Contribution, such contributions (plus earnings thereon) will be distributed to the Employee within a reasonable time after such determination.
In accordance with the Companys administrative procedures, any Eligible Employee may make one or more Rollover Contributions to the Plan. An Eligible Employee who makes a Rollover Contribution at a time when he or she is not a Member for other purposes shall become a Restricted Member. A Rollover Contribution shall be permitted only if it meets all of the following conditions:
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.