Common use of ELECTION NOT TO PARTICIPATE Clause in Contracts

ELECTION NOT TO PARTICIPATE. A Participant's or Employee's election not to participate, pursuant to Section 2.06, includes his right to enter into a salary reduction agreement or to share in the allocation of a Cash or Deferred Contribution, unless the Participant or Employee limits the effect of the election to the non-401(k) portions of the Plan.

Appears in 27 contracts

Samples: Defined Contribution Prototype Plan and Trust Agreement (High Country Bancorp Inc), Defined Contribution Master Plan and Trust Agreement (Horizon Health Corp /De/), Defined Contribution Master Plan and Trust Agreement (Transcrypt International Inc)

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ELECTION NOT TO PARTICIPATE. A Participant's or Employee's election not to participate, pursuant to Section 2.06, includes his right to enter into a salary reduction agreement or to share in the allocation of a Cash or Deferred Contribution, unless the Participant or Employee limits the effect of the election to the non-401(knon-40l(k) portions of the Plan.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Midcoast Energy Resources Inc)

ELECTION NOT TO PARTICIPATE. A Participant's or Employee's election not to participate, pursuant to Section 2.06, includes his right to enter into a salary reduction agreement or to share in the allocation of a Cash or Deferred Contribution, unless the Participant or Employee limits the effect of the election to the non-401(k) portions of the Plan. 14.01 103 DEFINED CONTRIBUTION PROTOTYPE PLAN

Appears in 1 contract

Samples: Retirement Savings Plan Adoption Agreement (Autobytel Com Inc)

ELECTION NOT TO PARTICIPATE. A Participant's or ------------------------------ Employee's election not to participate, pursuant to Section 2.062.09, includes his right to enter into a salary reduction agreement or to share in the allocation of a Cash or Deferred Contribution, unless the Participant or Employee limits the effect of the election to the non-401(k) portions of the Plan.

Appears in 1 contract

Samples: 401(k) Volume Submitter Plan and Trust Agreement (Krispy Kreme Doughnuts Inc)

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ELECTION NOT TO PARTICIPATE. A Participant's or Employee's election not to participate, pursuant to Section 2.06, includes his right to enter into a salary reduction agreement or to share in the allocation of a Cash or Deferred Contribution, unless the Participant or Employee limits the effect of the election to the non-401(k) portions of the Plan. 14.01 105

Appears in 1 contract

Samples: Adoption Agreement (Allied Capital Corp)

ELECTION NOT TO PARTICIPATE. A Participant's or Employee's election not to participate, pursuant to Section 2.06, includes his right to enter into a salary reduction agreement or to share in the allocation of a Cash or Deferred Contribution, unless the Participant or Employee limits the effect of the election to the non-401(k) or PR Code ss.1165(e) portions of the Plan.

Appears in 1 contract

Samples: Defined Contribution Master Plan and Trust Agreement (Checkfree Corp \Ga\)

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