Common use of 403(b) Accounts Clause in Contracts

403(b) Accounts. Employer contributions shall be deposited into the 403(b) account selected by the employee to receive Employer contributions, provided such account will accept Employer Non-elective Contributions. If the employee does not designate a 403(b) account to receive the Employer’s contributions, or if the account designated will not accept Employer’s Non-elective Contributions for any reason, then the Employer shall deposit contributions, in the name of the employee, into the endorsed 403(b) program.

Appears in 2 contracts

Samples: Agreement, Agreement

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403(b) Accounts. Employer contributions shall be deposited into the 403(b) account selected by the employee to receive Employer contributions, provided such account will accept Employer Non-elective Contributions. If the employee does not designate a 403(b) account to receive the Employer’s contributions, or if the account designated will not accept Employer’s Non-elective Contributions for any reason, then the Employer shall deposit contributions, in the name of the employee, into the endorsed 403(b) program.

Appears in 2 contracts

Samples: Agreement, Agreement

403(b) Accounts. Employer contributions shall be deposited into the 403(b) account selected by the employee to receive Employer contributions, provided such account will accept Employer Non-Non- elective Contributions. If the employee does not designate a 403(b) account to receive the Employer’s contributions, or if the account designated will not accept Employer’s Non-elective Contributions for any reason, then the Employer shall deposit contributions, in the name of the employee, into the endorsed 403(b) program.

Appears in 2 contracts

Samples: Agreement, Collective Bargaining Agreement

403(b) Accounts. Employer contributions shall be deposited into the 403(b) account selected by the employee to receive Employer contributions, provided such account will accept Employer Non-elective Contributions. If the employee does not designate a 403(b) account to receive the Employer’s contributions, contributions or if the account designated will not accept Employer’s Non-elective Contributions Contribution for any reason, then the Employer shall deposit contributions, in the name of the employee, into the endorsed 403(b) program.

Appears in 1 contract

Samples: ecommons.cornell.edu

403(b) Accounts. Employer contributions shall be deposited into the 403(b) account selected by the employee to receive Employer contributions, provided such account will accept Employer Non-elective Contributions. If the employee does not designate a 403(b) account to receive the Employer’s contributionsContributions, or if the account designated will not accept Employer’s Non-Non- elective Contributions for any reason, then the Employer shall deposit contributions, in the name of the employee, into the endorsed 403(b) program.

Appears in 1 contract

Samples: Memorandum of Agreement

403(b) Accounts. Employer contributions shall be deposited into the 403(b) account initially selected by the employee to receive Employer contributions, provided such account will accept Employer Non-elective Contributions. If the employee does not designate a 403(b) account to receive the Employer’s contributions, or if the account designated will not accept Employer’s Non-Non- elective Contributions for any reason, then the Employer shall deposit contributions, in the name of the employee, into the endorsed 403(b) programprogram account with VOYA Financial.

Appears in 1 contract

Samples: www.ocmboces.org

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403(b) Accounts. Employer contributions shall be deposited into the 403(b) account selected by the employee to receive Employer contributions, provided such account will accept Employer Non-elective Contributions. If the employee does not designate a 403(b) account to receive the Employer’s contributions, or if the account designated will not accept Employer’s Non-elective Contributions for any reason, then the Employer shall deposit contributions, in inform the name employee by certified mail of his/her options regarding the employee, into the endorsed 403(b) programcontribution.

Appears in 1 contract

Samples: Agreement

403(b) Accounts. Employer contributions shall be deposited into the 403(b) account selected by the employee to receive Employer contributions, provided such account will accept Employer Non-elective Contributions. If the employee does not designate a 403(b) account to receive the Employer’s contributions, or if the account designated will not accept Employer’s Non-Non- elective Contributions for any reason, then the Employer shall deposit contributions, in the name of the employee, into the NYSUT Benefit Trust- endorsed 403(b) program.

Appears in 1 contract

Samples: ecommons.cornell.edu

403(b) Accounts. Employer contributions shall be deposited into the 403(b) account selected by the employee to receive Employer contributions, provided such account will accept Employer Non-elective ContributionsContributions and completes the appropriate hold harmless agreement provided by the Employer. If the employee does not designate a 403(b) account to receive the Employer’s contributions, or if the account designated will not accept Employer’s Non-elective Contributions for any reason, then the Employer shall deposit contributions, in the name of the employee, employee into the endorsed 403(b) program.

Appears in 1 contract

Samples: ecommons.cornell.edu

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