Common use of Election Period Clause in Contracts

Election Period. For purposes of (1) and (2) above, the election period shall be the period: (A) beginning on the earlier of: (i) the first day of the Plan Year in which the Participant attains age 35, or (ii) the date of the Participant’s severance from employment; provided however, if the Participant returns to service, then any election made prior to the first day of the Plan Year in which he attains age 35 shall be voided; and (B) ending on the Participant’s date of death.

Appears in 4 contracts

Samples: 401(k) Retirement Savings Plan (Lsi Industries Inc), Retirement Plan (Lsi Industries Inc), Retirement Plan (Lsi Industries Inc)

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Election Period. For purposes of (1) and (2) above, the election period shall be the period: (A) beginning on the earlier of: (i) the first day of the Plan Year in which the Participant attains age 35, or (ii) the date of the Participant’s severance separation from employmentservice; provided however, if the Participant returns to service, then any election made prior to the first day of the Plan Year in which he attains age 35 shall be voided; and (B) ending on the Participant’s date of death.

Appears in 1 contract

Samples: Retirement Plan (Lsi Industries Inc)

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Election Period. For purposes of (1) and (2) above, the election period shall be the period: (A) beginning on the earlier of: (i) the first day of the Plan Year in which the Participant attains age 35, or (ii) the date of the Participant’s severance 's separation from employmentservice; provided however, if the Participant returns to service, then any election made prior to the first day of the Plan Year in which he attains age 35 shall be voided; and (B) ending on the Participant’s 's date of death.

Appears in 1 contract

Samples: Adoption Agreement (Meridian Bioscience Inc)

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