Example ContractsClausescorrection of errorIdentical
Correction of Error
Correction of Error contract clause examples

Correction of Error. The Committee may adjust the Accounts of any or all Participants in order to correct errors and rectify omissions in such manner as the Committee believes will best result in the equitable and nondiscriminatory administration of the Plan and ensure compliance with Section 409A and the Regulations and/or to make use of such correction procedures as may be established to mitigate or avoid penalties for violation thereof, without liability to any Participant or Beneficiary by reason thereof.

ARROW ELECTRONICS, INC.
Source: SEC EDGAR database • Date: February 6, 2018 • SIC: 5065 • CIK: 5065

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