Common use of Early Elective Deferrals/Delay of Safe Harbor Contribution Clause in Contracts

Early Elective Deferrals/Delay of Safe Harbor Contribution. The Employer under this Election 24(g) applies the rules of Section 3.05(D) to limit the allocation of any Safe Harbor Contribution under Election 24 for a Plan Year to those Participants who the Plan Administrator in applying the Otherwise Excludible Employee rule described in Section 4.06(C), treats as benefiting in the disaggregated plan covering the Includible Employees. (Choose (1) if applicable.)