HBI » Topics » 13.01 Purpose and Effect

This excerpt taken from the HBI 8-K filed Sep 5, 2006.

13.01 Purpose and Effect

The purpose of this SECTION 13 is to comply with the requirements of Code Section 416. The provisions of this SECTION 13 shall be effective for each Plan Year in which the Plan is a “Top-Heavy Plan” within the meaning of Code Section 416(g).

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