Common use of Current Participants Clause in Contracts

Current Participants. Current Participants who are deferring at a percentage less than the amount selected herein shall have Elective Deferrals withheld in the amount of % (not more than 6%) of Compensation or $ [may be no more than the Code §402(g) limit and Code §414(v) limit, if applicable]. i. On an annual basis the Elective Deferral limit under the Plan shall be increased up to a maximum amount determined by the Employer. ii. After Years of Service, the amount specified above shall increase to % (no more than 6%) or $ [may be no more than the Code §402(g) limit and Code §414(v) limit, if applicable].

Current Participants. Current Participants who are deferring at a percentage less than the amount selected herein shall have Elective Deferrals withheld in the amount of % (not more than 610%) of Compensation or $ [may be no more than the Code §402(g) limit and Code §414(v) limit, if applicable]. i. On an annual basis the Elective Deferral limit under the Plan shall be increased up to a maximum amount determined by the Employer. ii. After Years of Service, the amount specified above shall increase to % (no not more than 610%) or $ [may be no more than the Code §402(g) limit and Code §414(v) limit, if applicable].

Current Participants. Current Participants who are deferring at a percentage less than the amount selected herein shall have Elective Deferrals withheld in the amount of % (not more than 610%) of Compensation or $ [may be no more than the Code §Section 402(g) limit and Code §Section 414(v) limit, if applicable]. i. On an annual basis the Elective Deferral limit under the Plan shall be increased up to a maximum amount determined by the Employer. ii. After Years of Service, the amount specified above shall increase to % (no more than 610%) or $ [may be no more than the Code §Section 402(g) limit and Code §Section 414(v) limit, if applicable].