h. Contract approval
Laserfiche
>
Public/Website
>
County Commission
>
2008
>
12-15-2008
>
Consent agenda
>
h. Contract approval
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/11/2008 4:43:35 PM
Creation date
12/9/2008 10:43:56 AM
Metadata
Fields
Template:
Commission
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
88
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />11.8 INDEMNIFICATION OF EMPLOYER BY PARTICIPANTS <br /> <br />If any Participant receives one or more payments or reimbursements under the <br />Plan that are not for a permitted Benefit, such Participant shall indemnify and reimburse the <br />Employer for any liability it may incur for failure to withhold federal or state income tax or Social <br />Security tax from such payments or reimbursements. However, such indemnification and <br />reimbursement shall not exceed the amount of additional federal and state income tax (plus any <br />penalties) that the Participant would have owed if the payments or reimbursements had been <br />made to the Participant as regular cash compensation, plus the Participant's share of any Social <br />Security tax that would have been paid on such compensation, less any such additional income <br />and Social Security tax actually paid by the Participant. <br /> <br />11.9 FUNDING <br /> <br />Unless otherwise required by law, contributions to the Plan need not be placed in <br />trust or dedicated to a specific Benefit, but may instead be considered general assets of the <br />Employer. Furthermore, and unless otherwise required by law, nothing herein shall be <br />construed to require the Employer or the Administrator to maintain any fund or segregate any <br />amount for the benefit of any Participant, and no Participant or other person shall have any <br />claim against, right to, or security or other interest in, any fund, account or asset of the Employer <br />from which any payment under the Plan may be made. <br /> <br />11.10 GOVERNING LAW <br /> <br />This Plan is governed by the Code and the Treasury regulations issued <br />thereunder (as they might be amended from time to time). In no event shall the Employer <br />guarantee the favorable tax treatment sought by this Plan. To the extent not preempted by <br />Federal law, the provisions of this Plan shall be construedt enforced and administered according <br />to the laws of the State of North Dakota. <br /> <br />11.11 SEVERABILITY <br /> <br />If any provision of the Plan is held invalid or unenforceable, its invalidity or <br />unenforceability shall not affect any other provisions of the Plan, and the Plan shall be <br />construed and enforced as if such provision had not been included herein. <br /> <br />11.12 CAPTIONS <br /> <br />The captions contained herein are inserted only as a matter of convenience and <br />for reference, and in no way define, limit, enlarge or describe the scope or intent of the Plan, nor <br />in any way shall affect the Plan or the construction of any provision thereof. <br /> <br />11.13 CONTINUATION OF COVERAGE (COBRA) <br /> <br />Notwithstanding anything in the Plan to the contrary, in the event any benefit <br />under this Plan subject to the continuation coverage requirement of Code Section 4980B <br />becomes unavailable, each Participant will be entitled to continuation coverage as prescribed in <br />Code Section 4980B, and related regulations. If during the Plan Year, the Employer employs <br />fewer than twenty (20) employees on a typical business day, this Section shall not apply. <br /> <br />11.14 FAMILY AND MEDICAL LEAVE ACT (FMLA) <br /> <br />Notwithstanding anything in the Plan to the contrary, in the event any benefit <br />under this Plan becomes subject to the requirements of the Family and Medical Leave Act and <br />regulations thereunder, this Plan shall be operated in accordance with Regulation 1.125-3. <br /> <br />26 <br />
The URL can be used to link to this page
Your browser does not support the video tag.