ADP Testing Election Clause Samples
The ADP Testing Election clause establishes the right or process for a party to choose whether to participate in a specific testing procedure related to an Automated Data Processing (ADP) system or service. In practice, this clause may allow a customer to opt in or out of certain performance, functionality, or compliance tests before full implementation or acceptance of the ADP solution. By providing this election, the clause ensures that parties have flexibility in managing risk and verifying that the ADP system meets agreed-upon standards before proceeding, thereby reducing the likelihood of disputes over system performance or suitability.
ADP Testing Election. Current year data for all Participants was used. ¨ 1. 1997 Plan Year. ¨ 2. 1998 Plan Year. ¨ 3. 1999 Plan Year. ¨ 4. 2000 Plan Year. ¨ 5. 2001 Plan Year.
ADP Testing Election a. Current year data for all Participants was used. [ ] 1. 1997 Plan Year. [ ] 2. 1998 Plan Year. [ ] 3. 1999 Plan Year. [ ] 4. 2000 Plan Year. [ ] 5. 2001 Plan Year. [ ] 6. 2002 Plan Year.
b. Current year data for Participants who are Highly Compensated Employees will be used. The ADP for Participants who are Non-Highly Compensated Employees was assumed to be 3% or the actual ADP if greater. [ ] 1. 1997 Plan Year. [ ] 2. 1998 Plan Year. [ ] 3. 1999 Plan Year. [ ] 4. 2000 Plan Year. [ ] 5. 2001 Plan Year. [ ] 6. 2002 Plan Year.
ADP Testing Election x a. Current year data for all Participants was used.
ADP Testing Election. [ ] a. Current year data for all Participants will be used. [ ] 1. 1997 Plan Year. [ ] 2. 1998 Plan Year. [ ] 3. 1999 Plan Year. [ ] 4. 2000 Plan Year. [ ] 5. 2001 Plan Year. [ ] b. Current year data for Participants who are HCE's will be used. The ADP for Participants who are Non-Highly Compensated Employees is assumed to be 3% or the actual ADP if greater. [ ] 1. 1997 Plan Year. [ ] 2. 1998 Plan Year. [ ] 3. 1999 Plan Year. [ ] 4. 2000 Plan Year. [ ] 5. 2001 Plan Year.