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").

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: _________________

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"”).