Richard Anderson Posted October 20, 2005 Posted October 20, 2005 I would like the opinion of others. We have made a few typo corrections to our volume submitter and I think that is OK and not concidered a change from the specimen language. Do you think that it is OK to make minor changes to the speciment language and still expect reliance as a word for word document? For example: The specimen plan has several vesting options, but it does not have the particular option of 1 year cliff vesting that the client wants. Do you think we can change the 2 year cliff vesting language to 1 year and assume that the change is too minor to really be called a change in the specimen language? Thanks.
Guest 401der Posted October 21, 2005 Posted October 21, 2005 Your example isn't really a typo - it's a substantive change in the options available under the plan and, therefore, takes you out of the word-for-word VS reliance.
Guest Pensions in Paradise Posted October 21, 2005 Posted October 21, 2005 Just curious, what is the eligibility requirement for the example plan?
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