Common use of Changing a Contribution Election Clause in Contracts

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee Pre-Tax Contribution election as of the first day of any month in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll paid after such date. Participants' Contribution election percentages shall automatically apply to Pay increases or decreases.

Appears in 2 contracts

Samples: Employee Savings Plan Agreement (Nipsco Industries Inc), Savings Plan and Trust Agreement (Nipsco Industries Inc)

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Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee PreBefore-Tax Contribution election as of the first day of at any month time in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll paid after such date. Participants' Contribution election percentages shall automatically apply to Pay increases or decreases.

Appears in 2 contracts

Samples: Financial Security Plan and Trust Agreement (Caliber System Inc), Plan and Trust Agreement (Roadway Services Inc)

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee Pre-Tax Contribution election as of the first day of at any month time in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll paid after such date. A Participant who has changed his or her Contribution election shall be required to wait at least six months before he or she may again change his or her Contribution election. Participants' Contribution election percentages shall automatically apply to Pay increases or decreases.

Appears in 1 contract

Samples: 401(k) Plan and Trust Agreement (Longview Fibre Co)

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee Pre-Tax Contribution election as of the first day of at any month time, in such manner and with such advance notice as prescribed by the Administrator, and such election change shall be effective with the first payroll paid after such date. Participants' A Participant's Contribution election percentages made as a percentage of Pay shall automatically apply to Pay increases or decreases.

Appears in 1 contract

Samples: Compsavings Plan Amendment (Compusa Inc)

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee Pre-Tax and/or After-Tax Contribution election as of the first day of at any month time in such manner and with such advance notice as prescribed by the Administrator, and such election . The changed percentage shall be become effective with the first payroll paid after such date. Participants' Contribution election percentages shall automatically apply to Pay increases or decreases.

Appears in 1 contract

Samples: Retirement Savings Plan and Trust Agreement (Southdown Inc)

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee Pre-Tax Contribution election as of the first day of any month July 1, October 1, January 1 or April 1 in such manner and with such advance notice as prescribed by the Administrator, and such election . The changed percentage shall be become effective with the first payroll paid after such date. Participants' Contribution election percentages shall automatically apply to Pay increases or decreases.

Appears in 1 contract

Samples: Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/)

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Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee Associate Pre-Tax Contribution election as of the first day of at any month time in such manner and with such advance notice as prescribed by the Administrator, and such election change shall be effective with the first payroll of the month paid after such date. Participants' A Participant's Contribution election percentages made as a percentage of Pay shall automatically apply to Pay increases or decreases.

Appears in 1 contract

Samples: 401(k) Savings Plan and Trust Agreement (Advo Inc)

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee Pre-Tax Contribution election as of the first day of any month in such manner and with such advance notice as prescribed by the Administrator, and such election change shall be effective with the first payroll paid after such date. Participants' A Participant's Contribution election percentages made as a percentage of Pay shall automatically apply to Pay increases or decreases.

Appears in 1 contract

Samples: Savings Plan Amendment (New Nisource Inc)

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee Pre-Tax and/or After-Tax Contribution election as of the first day of at any month time in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll of the month paid after such date. Participants' Contribution election percentages shall automatically apply to Pay increases or decreases.

Appears in 1 contract

Samples: Employees' Savings Plan and Trust Agreement (Timken Co)

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