Common use of Cancel Contribution Clause in Contracts

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 Xxxx 457(b) account as designated by the Employee. of $6,500 in addition to the Annual Maximum Contribution amount listed below.

Appears in 3 contracts

Samples: Distribution Agreement, Distribution Agreement, Distribution Agreement

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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 subsequent to the execution of this Agreement), the amounts indicated below will be deducted from the Employee’s monthly salary on an after-tax basis. The shall be reduced by the amounts indicated below, and at the same time the University will forward the amount of such deduction reduction to the Employee’s designated Xxxx 457(b403(b) account or 401(k) investment program as designated by the Employee. of $6,500 per year in addition to the Maximum Annual Maximum Contribution amount listed belowamount.

Appears in 3 contracts

Samples: Salary Reduction Agreement, Salary Reduction Agreement, Salary Reduction Agreement

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 subsequent to the execution of this Agreement), the amounts indicated below will be deducted from the Employee’s monthly salary on an after-tax basis. The shall be reduced by the amounts indicated below, and at the same time the University will forward the corresponding amount of such deduction reduction to the Employee’s designated Xxxx 457(b) account as designated by the Employeeemployee. of $6,500 6,000 per year in addition to the Annual Maximum Contribution amount listed belowamount.

Appears in 2 contracts

Samples: Salary Reduction Agreement, Salary Reduction Agreement

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 subsequent to the execution of this Agreement), the amounts indicated below will be deducted from the Employee’s monthly salary on an after-tax basis. The shall be reduced by the amounts indicated below, and at the same time the University will forward the corresponding amount of such deduction reduction to the Employee’s designated Xxxx 457(b) account as designated by the Employeeemployee. of $6,500 per year in addition to the Annual Maximum Contribution amount listed belowamount.

Appears in 2 contracts

Samples: Salary Reduction Agreement, Salary Reduction Agreement

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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 subsequent to the execution of this Agreement), the amounts indicated below will be deducted from the Employee’s monthly salary on an after-tax basis. The shall be reduced by the amounts indicated below, and at the same time the University will forward the amount of such deduction reduction to the Employee’s designated Xxxx 457(b403(b) account or 401(k) investment program as designated by the Employee. of $6,500 in addition to the Annual Maximum Contribution amount listed below.

Appears in 2 contracts

Samples: Salary Reduction Agreement, Salary Reduction Agreement

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