Automatic Increase. If elected under this subsection (ii), the automatic deferral amount will increase each Plan Year by the following amount: (See Section 3.03 of the Plan.) 🞎 (A) % of Plan Compensation 🞎 (B) $ 🞎 (C) Describe: Any automatic increase elected under this subsection (ii) will not cause the automatic deferral amount to exceed: 🞎 (D) % of Plan Compensation 🞎 (E) $ 🞎 (F) Describe:
Automatic Increase. The Automatic Deferral Percentage will increase by % per year up to a maximum of % of Compensation with respect to all Participants who are subject to the Automatic Deferral described in Election 19(b)(2).
Automatic Increase. The Participant’s Elective Deferrals will increase by % per year up to a maximum of % of Compensation.
Automatic Increase. A potential increase to Your Payment Base, due to market performance, at each Contract Anniversary up to and including the Contract Anniversary immediately following the Covered Life’s [90th] birthday.
Automatic Increase. Refers to automatic updating of the amount of saving at the end of a period of 12 months by the average of CPI (Consumer Prices Index) - PPI (Producer Prices Index) rate published on yearly basis or by a yearly increase rate to be preferred by the Customer. Conditional Instruction and/or Automatic Increase options are defined by choices of the Customer or the third parties giving the Saving Instruction. The term “Flexible Saving Account”, whenever used in the body of this Agreement, refers to both the Primary Flexible Saving Account opened in the name of the Customer, and the Flexible Saving Account opened in the name of a third party.
Automatic Increase. When a percentage increase is shown on the "declarations" for a Coverage A -- Buildings or Coverage B -- Business Personal Property entry, the corresponding "limit" is increased annually by the percentage shown. The increase applies proportionally from the date of the most recent "limit". The increase applies only to the "limit" shown on the "declarations" for the corresponding Coverage A -- Buildings or Coverage B -- Business Personal Property entry.
Automatic Increase. The amount of this undertaking shall be automatically increased up to a new maximum aggregate amount which taken together will not exceed 10% of the maximum aggregate amount at the time of issuance in accordance with the terms of one or more Beneficiary’s demands in the form of the annexed Demand for Automatic Increase (Annex D), completed as indicated and presented to Issuer at the above-stated place for presentation. If the Demand for Automatic Increase is in excess of the maximum aggregate amount available under this provision, the amount available will increase to the maximum aggregate amount available.
Automatic Increase. The automatic Elective Deferral Contribution shall increase as described in (i) below, unless an election is made in (ii) below to not include an automatic increase. i) The automatic Elective Deferral Contribution shall increase by 1% as soon as administratively feasible on or after each subsequent Yearly Date up to a maximum automatic Elective Deferral Contribution of 10%, unless a different increase percentage, increase date, or maximum is specified in A, B, or C below. (Select any that apply.)
A. of Compensation shall be the automatic increase percentage.
B. The increase date shall be (Select (1), (2), (3), (4), (5), or (6).) 1) each Yearly Date. 2) . (Month and day.) 3) , (Month and day.) beginning on . (Month, day, and year.
Automatic Increase. (Must be selected if (a)(i) is selected and the percentage is less than 6%.) The automatic Elective Deferral Contribution shall increase by 1% as soon as administratively feasible on or after each subsequent Yearly Date up to a maximum automatic Elective Deferral Contribution of 10%, unless a different increase percentage, increase date, or maximum is specified in (i), (ii), or (iii) below. (Select any that apply.) i) % of Compensation shall be the automatic increase percentage. ii) The increase date shall be (Select A, B, C, D, E, or F.)
Automatic Increase. If elected under this subsection (b), the automatic deferral amount set forth in subsection (a) will increase each Plan Year by the following percentage: ¨ (1) % of Total Compensation but not in excess of ¨ (2) % of Total Compensation ¨ (c) Application of automatic deferral provisions. This automatic deferral election will apply to: ¨ (1) all Participants who have not entered into a Salary Reduction Agreement (including an election not to defer under the Plan). ¨ (2) all Participants who have not entered into a Salary Reduction Agreement as of that is at least equal to the automatic deferral amount under subsection (a). ¨ (3) only Employees who become Participants on or after and who do not enter into a contrary Salary Reduction Agreement (including an election not to defer under the Plan). ¨ (d) Permissible withdrawals under Eligible Automatic Contribution Arrangements. If the Plan provides for an automatic deferral election under this AA §6A-8 and the Plan satisfies the requirements for an EACA (as set forth in Section 3.03(c)(1) of the Plan), any Employee who has Salary Deferrals contributed to the Plan pursuant to an automatic deferral election may elect to withdraw such contributions (and earnings attributable thereto) in accordance with the requirements of Section 3.03(c)(2) of the Plan. [Note: If this subsection (d) is not checked, the permissible withdrawal provisions under Section 3.03(c)(2) of the Plan are not available.]
