Common use of Elections Generally Clause in Contracts

Elections Generally. The Director may annually file a Deferral Election Form with the Plan Administrator no later than the end of the Plan Year preceding the Plan Year in which services leading to such deferrals will be performed.

Appears in 2 contracts

Sources: Director Deferred Compensation Agreement (First Farmers & Merchants Corp), Director Deferred Compensation Agreement (First Farmers & Merchants Corp)

Elections Generally. The Director may annually file a Deferral Election Form with the Plan Administrator no later than the end of the Plan Year preceding the Plan Year in which services leading to such deferrals the compensation to be deferred will be performed.

Appears in 2 contracts

Sources: Director Deferred Fee Agreement (Riverview Financial Corp), Director Deferred Fee Agreement (Riverview Financial Corp)

Elections Generally. The Director may annually file a Deferral Election Form with the Plan Administrator no later than the end of the Plan Year preceding the Plan Year in which services leading to such deferrals the compensation to be deferred will be performed. The Deferral Election Form shall set forth the amount of Fees to be deferred.

Appears in 1 contract

Sources: Director Deferred Fee Agreement (Mid Penn Bancorp Inc)