Cancel Contribution Clause Samples
Cancel Contribution. By this Agreement made between Utah State University and the Employee, the Parties agree as follows: With respect to amounts paid or otherwise made available on or after the Effective Date (which date is in the month following the execution of this Agreement), the amounts indicated below will be deducted from the Employee’s monthly salary on an after-tax basis. The University will forward the amount of such deduction to the Employee’s designated ▇▇▇▇ 457(b) account as designated by the Employee. of $6,500 in addition to the Annual Maximum Contribution amount listed below.
Cancel Contribution. By this Agreement made between Utah State University and the Employee, the Parties agree as follows: With respect to amounts paid on or after the Effective Date (which date is subsequent to the execution of this Agreement), the amounts indicated below will be deducted from the Employee’s monthly salary. The University will forward the amount of such deduction to the Employee’s designated ▇▇▇▇ 403(b) investment program as designated by the Employee. This Agreement shall be legally binding, irrevocable, and automatically renewed each year hereafter while employment continues, with provisions that either Party may (a) terminate this Agreement as of the end of any month so that it will not apply to salary subsequently paid, or (b) renew the agreement with a different stated amount of salary deduction. Agreements may be made on a monthly basis. $6,500 per year in addition to the Annual Maximum Contribution amount.
Cancel Contribution. By this Agreement made between Utah State University and the Employee, the Parties agree as follows: With respect to amounts paid or otherwise made available on or after the Effective Date (which date is in the month following the execution of this Agreement), the amounts indicated below will be deducted from the Employee’s monthly salary on an after-tax basis. The University will forward the amount of such deduction to the Employee’s designated ▇▇▇▇ 457(b) account as designated by the Employee.