Common use of Automatic Enrollment Contributions Clause in Contracts

Automatic Enrollment Contributions. Beginning on the effective date of this paragraph (6) (the "Automatic Enrollment Effective Date") and subject to the remainder of this paragraph unless an Eligible Employee affirmatively elects otherwise, his Compensation will be reduced by .3.% (the "Automatic Enrollment Rate"), such percentage to be increased in accordance with Option 1.07(b) (if applicable), for each payroll period in which he is an Active Participant, beginning as indicated in Subsection 1.07(a)(6)(A) below, and the Employer will make a pre-tax Deferral Contribution in such amount on the Participant's behalf in accordance with the provisions of Subsection S.03(c) of the Basic Plan Document (an "Automatic Enrollment Contribution"). (A) With respect to an affected Participant, Automatic Enrollment Contributions will begin as soon as administratively feasible on or after ( check one): (i) þ The Participant's Entry Date. (ii) o __ (minimum of 30) days following the Participant's date of hire, but no sooner than the Participant's Entry Date. Within a reasonable period ending no later than the day prior to the date Compensation subject to the reduction would otherwise become available to the Participant, an Eligible Employee may make an affirmative election not to have Automatic Enrollment Contributions made on his behalf. If an Eligible Employee makes no such affirmative election, his Compensation shall be reduced and Automatic Enrollment Contributions will be made on his behalf in accordance with the provisions of this paragraph (6), and Option 1.07(b) if applicable, until such Active Participant elects to change or revoke such Deferral Contributions as provided in Subsection 1.07(a)(J)(C) or (D). Automatic Enrollment Contributions shall be made only on behalf of Active Participants who are first hired by the Employer on or after the Automatic Enrollment Effective Date and do not have a Reemployment Commencement Date, unless otherwise provided below. (B) þ Additionally, unless such affected Participant affirmatively elects otherwise within the reasonable period established by the Plan Administrator, Automatic Enrollment Contributions will be made with respect to the Employees described below. (Check all that apply.)

Automatic Enrollment Contributions. Beginning on the effective date of this paragraph (6) (the "“Automatic Enrollment Effective Date"”) and subject to the remainder of this paragraph (6) unless an Eligible Employee affirmatively elects otherwise, his Compensation will be reduced by .3.% % (the "“Automatic Enrollment Rate"”), such percentage to be increased in accordance with Option 1.07(b) (if applicable), for each payroll period in which he is an Active Participant, beginning as indicated in Subsection 1.07(a)(6)(A) below, and the Employer will make a pre-tax Deferral Contribution in such amount on the Participant's ’s behalf in accordance with the provisions of Subsection S.03(c5.03(c) of the Basic Plan Document (an "“Automatic Enrollment Contribution"”). (A) With respect to an affected Participant, Automatic Enrollment Contributions will begin as soon as administratively feasible on or after ( (check one): (i) þ ¨ The Participant's ’s Entry Date. (ii) o __ ¨ (minimum of 30) days following the Participant's ’s date of hire, but no sooner than the Participant's ’s Entry Date. Within a reasonable period ending no later than the day prior to the date Compensation subject to the reduction would otherwise become available to the Participant, an Eligible Employee may make an affirmative election not to have Automatic Enrollment Contributions made on his behalf. If an Eligible Employee makes no such affirmative election, his Compensation shall be reduced and Automatic Enrollment Contributions will be made on his behalf in accordance with the provisions of this paragraph (6), and Option 1.07(b) if applicable, until such Active Participant elects to change or revoke such Deferral Contributions as provided in Subsection 1.07(a)(J)(C1.07(a)(1)(C) or (D). Automatic Enrollment Contributions shall be made only on behalf of Active Participants who are first hired by the Employer on or after the Automatic Enrollment Effective Date and do not have a Reemployment Commencement Date, unless otherwise provided below. (B) þ ¨ Additionally, unless such affected Participant affirmatively elects otherwise within the reasonable period established by the Plan Administrator, Automatic Enrollment Contributions will be made with respect to the Employees described below. (Check all that apply.)

Automatic Enrollment Contributions. Beginning on the effective date of this paragraph Subsection (6a) specified below (the "“Automatic Enrollment Effective Date"”) and subject to the remainder of this paragraph Subsection (a), unless an Eligible Employee affirmatively elects otherwise, his Compensation will be reduced by .3.% _____% (the "“Automatic Enrollment Rate"”), such percentage to be increased in accordance with Option 1.07(bSubsection (b) (if applicable), for each payroll period in which he is an Active Participant, beginning as indicated in Subsection 1.07(a)(6)(A(1) below, and the Employer will make a pre-tax Deferral Contribution in such amount on the Participant's behalf in accordance with the provisions of Subsection S.03(c) Section 5.03 of the Basic Plan Document (an "“Automatic Enrollment Contribution"”).. Automatic Enrollment Effective Date: _________________ (A1) With respect to an affected Participant, Automatic Enrollment Contributions will begin as soon as administratively feasible on or after ( (check one): (iA) þ ¨ The Participant's Entry Date. (iiB) o __ ¨ (minimum of 30) days following the Participant's date of hire, but no sooner than the Participant's Entry Date. Within a reasonable period ending no later than the day prior to the date Compensation subject to the reduction would otherwise become available to the Participant, an Eligible Employee may make an affirmative election not to have Automatic Enrollment Contributions made on his behalf. If an Eligible Employee makes no such affirmative election, his Compensation shall be reduced and Automatic Enrollment Contributions will be made on his behalf in accordance with the provisions of this paragraph Subsection (6a), and Option 1.07(b) Subsection (b), if applicable, until such Active Participant elects to change or revoke such Deferral Contributions as provided in Subsection 1.07(a)(J)(C) or (D1.07(a)(1). Automatic Enrollment Contributions shall be made only on behalf of Active Participants who are first hired by the Employer on or after the Automatic Enrollment Effective Date and do not have a Reemployment Commencement Date, unless otherwise provided below. (B2) þ ¨ Additionally, subject to the Note below, unless such affected Participant affirmatively elects otherwise within the reasonable period established by the Plan Administrator, Automatic Enrollment Contributions will be made with respect to the Employees described below. (Check check all that apply.)):