Application of Cost Changes Clause Samples

Application of Cost Changes. For purposes of paragraphs a and b of this subsection E, a cost increase or decrease refers to an increase or decrease in the amount of the elective contributions under the Plan, whether that increase or decrease results from an action taken by the Participant (such as switching between full- time and part-time status) or from an action taken by an Employer (such as reducing the amount of employer contributions for a class of employees).