Common use of CHANGE OR REVOCATION OF DEFERRAL ELECTION Clause in Contracts

CHANGE OR REVOCATION OF DEFERRAL ELECTION. In addition to the Participant’s Entry Date under the Plan, a Participant’s election to change or resume a deferral election will be effective as set forth under the Salary Reduction Agreement or other written procedures adopted by the Plan Administrator. A Participant must be permitted to change or revoke a deferral election at least once per year. Unless the Salary Reduction Agreement or other written procedures adopted by the Plan Administrator provide otherwise, a Participant may revoke a deferral election (on a prospective basis) at any time.

CHANGE OR REVOCATION OF DEFERRAL ELECTION. In addition to the Participant’s Entry Date under the Plan, a Participant’s election to change or resume a deferral election will be effective as set forth under the Salary Reduction Agreement or other written procedures adopted by the Plan Administrator. A Participant must be permitted to change or revoke a deferral election at least once per year. Unless Alternatively, the Salary Reduction Agreement or other written procedures adopted by the Plan Administrator provide otherwise, Employer may designate under this AA §6A-7 specific dates as of which a Participant may revoke change or resume a deferral election election. (on a prospective basisSee Section 3.03(b) at any timeof the Plan.)