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| Term: Employer ( as defined for participation in the Employee Benefit Trust) |
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Any corporation, establishment, or institution that has fulfilled participation requirements of the Trust and which:
(1) is operated under the auspices of the Roman Catholic Church, in good standing thereof, and is currently listed, or approved for listing, in The Official Catholic Directory, published by P.J. Kenedy & Sons; and
(2) is exempt from taxation under section 501 (c )(3) of the Internal Revenue Code of 1986, as amended; and
(3) is organized as not-for-profit corporation, if the organization is a corporation
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