Common use of Changes to Elective Deferrals Clause in Contracts

Changes to Elective Deferrals. Participants shall be permitted to terminate their Elective Deferrals at any time upon proper and timely notice to the Employer. Modifications to Participants’ Elective Deferrals will become effective on a prospective basis as provided for below: ¨ 1. On a daily basis. ¨ 2. Upon (not to exceed 90) days notice to the Plan Administrator.

Appears in 3 contracts

Samples: Defined Contribution Plan (Georgetown Bancorp, Inc.), Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.), Defined Contribution Plan (FNB United Corp.)

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Changes to Elective Deferrals. Participants shall be permitted to terminate their Elective Deferrals at any time upon proper and timely notice to the Employer. Modifications to Participants' Elective Deferrals will become effective on a prospective basis as provided for below: ¨ : (X) 1. On a daily basis. ¨ 2. Upon (not to exceed 90) days notice to the Plan Administrator.

Appears in 1 contract

Samples: Adoption Agreement (Socket Communications Inc)

Changes to Elective Deferrals. Participants shall be permitted to terminate their Elective Deferrals at any time upon proper and timely notice to the Employer. Modifications to Participants' Elective Deferrals will become effective on a prospective basis as provided for below: ¨ : [ ] 1. On a daily basis. ¨ [ ] 2. Upon __________ (not to exceed 90) days notice to the Plan Administrator.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (CRH Public LTD Co)

Changes to Elective Deferrals. Participants shall be permitted to terminate their Elective Deferrals at any time upon proper and timely notice to the Employer. Modifications to Participants’ Elective Deferrals will become effective on a prospective basis as provided for below: ¨ 1. On a daily basis. . ¨ 2. Upon _____ (not to exceed 90) days notice to the Plan Administrator. ¨ 3. On the first day of each quarter. ¨ 4. On the first day of the next month.

Appears in 1 contract

Samples: Defined Contribution Plan (Chicopee Bancorp, Inc.)

Changes to Elective Deferrals. Participants shall be permitted to terminate their Elective Deferrals at any time upon proper and timely notice to the Employer. Modifications to Participants’ Elective Deferrals will become effective on a prospective basis as provided for below: ¨ 1. On a daily basis. ¨ * 2. Upon _____ (not to exceed 90) days notice to the Plan Administrator.

Appears in 1 contract

Samples: Adoption Agreement (Atlas America Inc)

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Changes to Elective Deferrals. Participants shall be permitted to terminate their Elective Deferrals at any time upon proper and timely notice to the Employer. Modifications to Participants' Elective Deferrals will become effective on a prospective basis as provided for below: ¨ : [ ] 1. On a daily basis. ¨ [x] 2. Upon 30 (not to exceed 90) days notice to the Plan Administrator.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

Changes to Elective Deferrals. Participants shall be permitted to terminate their Elective Deferrals at any time upon proper and timely notice to the Employer. Modifications to Participants’ Elective Deferrals will become effective on a prospective basis as provided for below: ¨ 1. On a daily basis. ¨ 2. Upon (not to exceed 90) days notice to the Plan Administrator.

Appears in 1 contract

Samples: Defined Contribution Plan (United Community Bancorp)

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