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Liquidating a non profit

liquidating a non profit-20

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In clause (3), the word “eleemosynary” is omitted as included in “charitable”.

In clause (5), the words “and all Federal, State, and District of Columbia laws applicable thereto” are omitted as unnecessary.

Ten days ago, I blogged on two types of litigation that regularly arise over employer’s non-qualified deferred compensation plans.

That post and the two that followed focused on litigation by former employees who left before becoming eligible for vested benefits alleging that that they should have been vested and received benefits because the plan did not qualify as a top hat plan, exempt from ERISA.

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