Common use of Ceasing Elective Deferrals Clause in Contracts

Ceasing Elective Deferrals. A Contributing Participant may prospectively revoke a salary reduction agreement to cease Elective Deferrals (Choose one): Option 1: [ ] As of the first day of any payroll period.

Appears in 2 contracts

Samples: Basic Plan Document (Edelbrock Corp), Qualified Retirement Plan (Teardrop Golf Co)

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Ceasing Elective Deferrals. A Contributing Participant may prospectively revoke a salary reduction agreement to cease Elective Deferrals (Choose one): Option ): OPTION 1: [ ] As of the first day of any payroll period.

Appears in 2 contracts

Samples: Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Metretek Technologies Inc), Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)

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