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:
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.), Prototype Defined Contribution Plan (United Community Bancorp), Nonstandardized Adoption Agreement (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:: (X) 1. On a daily basis.
Appears in 1 contract
Samples: Standardized Adoption Agreement (Socket Communications Inc)