Employer Election. Permits the Employer to make change payment elections.
Employer Election. The Plan Administrator may elect, in any Plan Year, to treat all or a part of the Employer's Matching Contributions for such Plan Year as a Qualified Matching Contribution subject to the restrictions of this Section 3.11.
Employer Election. The Employer in its Adoption Agreement in which the Employer has elected to permit Xxxx Deferrals also will elect whether to permit an In-Plan Xxxx Rollover Contribution in accordance with this Section with regard to otherwise distributable amounts and/or otherwise nondistributable amounts. If the Employer elects to permit such contributions, the Employer in its Adoption Agreement will specify the Effective Date thereof which may not be earlier than distributions made after September 27, 2010, and may not be earlier than January 1, 2013 in the case of rollovers of otherwise nondistributable amounts. An In-Plan Xxxx Rollover Contribution means a Rollover Contribution to the Plan that consists of a distribution or transfer from a Participant's Plan Account, other than a Xxxx Deferral Account, that the Participant transfers to the Participant's In-Plan Xxxx Rollover Contribution Account in the Plan, in accordance with Code §402(c)(4). In-Plan Xxxx Rollover Contributions will be subject to the Plan rules related to Xxxx Deferral Accounts, subject to preservation of protected benefits.
Employer Election. The Employer in its Adoption Agreement in which the Employer has elected to permit Xxxx Deferrals also will elect whether to permit an In-Plan Xxxx Rollover Contribution in accordance with this Section 3.08(E) with regard to otherwise distributable amounts and/or otherwise nondistributable amounts. If the Employer elects to permit In-Plan Xxxx Rollover Contributions, the Employer in its Adoption Agreement will specify the Effective Date thereof which may not be earlier than distributions made after September 27, 2010, and may not be earlier than January 1, 2013 in the case of rollovers of otherwise nondistributable amounts.
Employer Election. The Employer must make an initial payment election as to a Participant at the time that the Employer grants a Legally Binding Right to Deferred Compensation to the Participant, or, if later, by the time that the Participant would have had to make such election, if the Plan had permitted the Participant to make such an election. In the case of a newly eligible Participant or a new Plan described under Section 2.02(B)(2), the Employer must make the initial payment election no later than 30 days after the date the Employee or Contractor becomes a Participant and the proration provisions of Section 2.02(B)(2)(c) do not apply to such Employer election.
Employer Election. The Employer in its 401(k) Adoption Agreement in which the Employer has elected to permit Xxxx Deferrals also will elect whether to permit an In‑Plan Xxxx Rollover Contribution in accordance with this Section 3.08(E). If the Employer elects to permit such contributions, the Employer in its Adoption Agreement will specify the Effective Date thereof which may not be earlier than distributions made after September 27, 2010.
Employer Election. Employee investment direction, as provided in Section 10.01 of the Plan: ( )is permitted. ( )is not permitted.
Employer Election. Hardship withdrawals, as described in Section 9.04: ( )are permitted. 45
