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 401(k) and/or After-Tax Contribution election at any time, but no more frequently than once in any 3-month period, 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.

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee 401(k) and/or After-Tax Contribution election at any time, but no more frequently than once in any 3-month period, 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 who has changed his or her Contribution election percentages shall be required to wait at least six months before he or she may again change his or her Contribution election. A Participant's Contribution election made as a percentage of Pay shall automatically apply to Pay increases or decreases.

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee 401(k) and/or After-Tax Contribution election at any time, but no more frequently than once in any 3-month period, 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.

Changing a Contribution Election. A Participant who is an Eligible Employee may change his or her Employee 401(k) and/or After-Tax Contribution election at any time, but no more frequently than once in any 3-month period, 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.