Changing Elective Deferral Amounts Sample Clauses

Changing Elective Deferral Amounts. A Contributing Participant may modify a salary reduction agreement to prospectively increase or decrease the amount of his or her Elective Deferrals as of such times established by the Plan Administrator in a uniform and nondiscriminatory manner.
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Changing Elective Deferral Amounts. A Contributing Participant may modify a salary reduction agreement to prospectively increase or decrease the amount of his or her Elective Deferrals (Choose one): OPTION 1: [ ] As of the first day of any payroll period.
Changing Elective Deferral Amounts. A Contributing Participant may modify a salary reduction agreement to prospectively increase or decrease the amount of his or her Elective Deferrals (CHOOSE ONE): OPTION 1: [X] As of the first day of any payroll period. OPTION 2: [ ] As of the first day of any month. OPTION 3: [ ] As of the first day of any quarter. OPTION 4: [ ] As of any Entry Date. OPTION 5: [ ] As of such times established by the Plan Administrator in a uniform and nondiscriminatory manner. OPTION 6: [ ] Other (SPECIFY) ---------------------------- NOTE: IF NO OPTION IS SELECTED, OPTION 3 WILL BE DEEMED TO BE SELECTED.
Changing Elective Deferral Amounts. A Contributing Participant may modify a salary reduction agreement to prospectively increase or decrease the amount of their Elective Deferrals (select one): Option 1: þ As of such times established by the Plan Administrator in a uniform and nondiscriminatory manner. Option 2: ¨ Monthly – As of the first day of the month. Option 3: ¨ Quarterly – As of the first day of any quarter. Option 4: ¨ Semi-Annually – As of the first day of the Plan Year and first day of the seventh month of the Plan Year. Option 5: ¨ Annually – No sooner than as of the first day of the next Plan Year. Option 6: ¨ Other (Specify one or more dates (at least once per year) established by the Plan Administrator in a uniform and nondiscriminatory manner.)___________________________________________________________.
Changing Elective Deferral Amounts. A Contributing Participant or a Participant who has met the eligibility requirements in the Adoption Agreement but who is not currently making Elective Deferrals (or Nondeductible Employee Contributions), may modify their salary reduction agreement (or agreement to make Nondeductible Employee Contributions) to increase or decrease (within the limits placed on Elective Deferrals or Nondeductible Employee Contributions in the Adoption Agreement) the amount of their Compensation deferred into the Plan or change the type of their future Elective Deferrals (Xxxx or Pre-Tax), if applicable. Except as otherwise provided in the Adoption Agreement, such modification may be made as of such times established by the Plan Administrator in a uniform and nondiscriminatory manner. A Contributing Participant who desires to make such a modification shall complete and deliver (either in writing or in any other form permitted by the IRS and the DOL) a new salary reduction agreement (or agreement to make Nondeductible Employee Contributions to the Plan Administrator). The Plan Administrator may prescribe such uniform and nondiscriminatory rules it deems appropriate to carry out the terms of this Plan Section 3.01(D).
Changing Elective Deferral Amounts. A Contributing Participant may modify his or her salary reduction agreement (or agreement to make Nondeductible Employee Contributions) to increase or decrease (within the limits placed on Elective Deferrals or Nondeductible Employee Contributions in the Adoption Agreement) the amount of his or her Compensation deferred into the Plan. Except as otherwise provided in the Adoption Agreement, such modification may only be made as of the first day of the Plan Year and the first day of the seventh month of the Plan Year, or as of any other more frequent date(s) if the Plan Administrator so permits in a uniform and nondiscriminatory manner. A Contributing Participant who desires to make such a modification shall complete and deliver (either in writing or in any other form permitted by the IRS and the DOL) a new salary reduction agreement (or agreement to make Nondeductible Employee Contributions to the Plan Administrator). The Plan Administrator may prescribe such uniform and nondiscriminatory rules it deems appropriate to carry out the terms of this Section 3.06(B) of the Plan.
Changing Elective Deferral Amounts. A Contributing Participant may modify a salary reduction agreement to prospectively increase or decrease the amount of his or her Elective Deferrals (Choose one):
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Changing Elective Deferral Amounts. A Contributing Participant may modify a salary reduction agreement to prospectively increase or decrease the amount of his or her Elective Deferrals (choose one) Option 1: ___ As of the first day of any payroll period Option 2: ___ As of the first day of any month Option 3: _X_ As of the first day of any quarter Option 4: ___ As of any Entry Date Option 5: ___ As of such times established by the Plan Administrator in a uniform and nondiscriminatory manner Option 6: ___ Other (Specify) ______________________________________________ Note: If no option is selected, Option 3 will be deemed to be selected. Part G. Claiming Excess Elective Deferrals. Participants who claim Excess Elective Deferrals for the preceding calendar year must submit their claims in writing to the Plan Administrator by (Choose one): Option 1: _X_ March 1 Option 2: ___ Other (Specify a date not later than April 15) ______ Note: If no option is selected, Option 1 will be deemed to be selected.
Changing Elective Deferral Amounts. A Contributing Participant may modify his or her salary reduction agreement (or agreement to make Nondeductible Employee Contributions) to increase or decrease (within the limits placed on Elective Deferrals (or Nondeductible Employee Contributions) in the Adoption Agreement) the amount of his or her Compensation deferred into the Plan. Such modification may only be made as of the dates specified in the Adoption Agreement for this purpose, or as of any other more frequent date(s) if the Plan Administrator permits in a uniform and nondiscriminatory manner. A Contributing Participant who desires to make such a modification shall complete, sign and file a new salary reduction agreement (or agreement to make Nondeductible Employee Contribution) with the Plan Administrator. The Plan Administrator may prescribe such uniform and nondiscriminatory rules it deems appropriate to carry out the terms of this Section.
Changing Elective Deferral Amounts. A Contributing Participant may modify a salary reduction agreement to prospectively increase or decrease the amount of their Elective Deferrals (select one): Option 1: [X] As of such times established by the Plan Administrator in a uniform and nondiscriminatory manner. Option 2: o Monthly - As of the first day of the month. Option 3: o Quarterly - As of the first day of any quarter. Option 4: o Semi-Annually - As of the first day of the Plan Year and first day of the seventh month of the Plan Year. Option 5: o Annually - No sooner than as of the first day of the next Plan Year. Option 6: o Other. (Specify one or more dates occurring at least once per year; established in a uniform and nondiscriminatory manner.)
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