Common use of Change in Election Clause in Contracts

Change in Election. Each Participant may elect to change the Funds (and/or the percentage to be allocated thereto) in which his (1) Account balance, (2) share of future allocations of Company contributions, (3) share of future forfeitures, and (4) future After-tax Savings and Section 401(k) Contributions, are to be invested. Upon the receipt by the Plan Administrator of a Participant’s request for a change in writing or in some other form authorized by the Plan Administrator, the election shall be effective as provided in paragraph (b) of this Section.

Appears in 5 contracts

Samples: Retirement and Savings Plan (Host Marriott Corp/), Retirement and Savings Plan (Host Marriott L P), Retirement and Savings Plan (Host Marriott Corp/)

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