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:

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.)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.