Common use of After-Tax Contribution Election Clause in Contracts

After-Tax Contribution Election. Upon becoming a Participant, an Eligible Employee may elect to make After-Tax Contributions to the Plan in an amount which does not exceed the limits described in the Contribution Percentage Limits paragraph of this Section 3. The election shall be made as a whole percentage of Pay in such manner and with such advance notice as prescribed by the Administrator.

Appears in 4 contracts

Samples: Plan and Trust Agreement (Southdown Inc), La Gear Inc, La Gear Inc

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After-Tax Contribution Election. Upon becoming a Participant, an Eligible Employee may elect to make After-Tax Contributions to the Plan in an amount which does not exceed the limits described in the Contribution Percentage Limits paragraph of this Section 3. The election shall be made as a whole percentage of Pay in such manner and with such advance notice as prescribed by the AdministratorAdministrator and may be limited to a whole percentage of Pay.

Appears in 3 contracts

Samples: Longview Fibre Co, Riviana Foods Inc /De/, Gerber Scientific Inc

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After-Tax Contribution Election. Upon becoming a Participant, an Eligible Employee may elect to make After-After- Tax Contributions to the Plan in an amount which does not exceed the limits described in the Contribution Percentage Limits paragraph of this Section 3. The election shall be made as a whole percentage of Pay in such manner and with such advance notice as prescribed by the Administrator.

Appears in 1 contract

Samples: Plan and Trust Agreement (Timken Co)

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