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. [X] 3. On the first day of each quarter. [ ] 4. On the first day of the next month. [ ] 5. The beginning of the next payroll period.
Appears in 2 contracts
Samples: Nonstandardized Adoption Agreement (Sontra Medical Corp), Nonstandardized Adoption Agreement (Jda Software 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. [ [X] 2. Upon _____ 30 (not to exceed 90) days notice to the Plan Administrator. [X] 3. On the first day of each quarter. [ ] 4. On the first day of the next month. [ ] 5. The beginning of the next payroll period.
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. [Xx] 3. On the first day of each quarter. [ ] 4. On the first day of the next month. [ ] 5. The beginning of the next payroll period.
Appears in 1 contract
