Evergreen election. An election made by the Participant shall continue in effect for subsequent years until modified by the Participant as permitted in Section 4.1 and Section 4.2. (This option is not permitted if source year accounts are elected in Section 4.3)
Appears in 7 contracts
Samples: Executive Nonqualified Excess Plan Adoption Agreement (Webster Financial Corp), Executive Nonqualified Excess Plan Adoption Agreement (Sound Financial Bancorp, Inc.), Adoption Agreement (J. Alexander's Holdings, Inc.)
Evergreen election. An election made by the Participant shall continue in effect for subsequent years until modified by the Participant as permitted in Section 4.1 and Section 4.2. (This option is not permitted if source year accounts are elected in Section 4.35.1)
Appears in 6 contracts
Samples: Adoption Agreement (Preformed Line Products Co), Executive Nonqualified Excess Plan Adoption Agreement (Federal Agricultural Mortgage Corp), Adoption Agreement (First Bancorp /Nc/)
Evergreen election. An election made by the Participant shall continue in effect for subsequent years until modified by the Participant as permitted in Section 4.1 and Section 4.2. (This option is not permitted if source year accounts are elected in Section 4.35.1).
Appears in 2 contracts
Samples: Adoption Agreement (KMG Chemicals Inc), Adoption Agreement (First Bancorp /Nc/)
Evergreen election. An election made by the Participant shall continue in effect for subsequent years until modified by the Participant as permitted in Section 4.1 and Section 4.2. (This option is not permitted if source year accounts are elected in Section 4.35.1.)
Appears in 1 contract
Evergreen election. An election made by the Participant shall continue in effect for subsequent years until modified by the Participant as permitted in Section 4.1 and 4.1and Section 4.2. (This option is not permitted if source year accounts are elected in Section 4.3)
Appears in 1 contract
Samples: Deferred Compensation Plan (Mdu Resources Group Inc)
Evergreen election. An election made by the Participant shall continue in effect for subsequent years until modified by the Participant as permitted in Section 4.1 and Section 4.2. (This option is not permitted if source year accounts are elected in Section 4.3)Section
Appears in 1 contract
Evergreen election. An election made by the Participant shall continue in effect for subsequent years until modified by the Participant as permitted in Section 4.1 and Section 4.2. (This option is not permitted if source year accounts are elected in Section 4.3) XX (b)
Appears in 1 contract
Samples: Executive Nonqualified Excess Plan Adoption Agreement (Federal Agricultural Mortgage Corp)
Evergreen election. An election made by the Participant shall continue in effect for subsequent years until modified by the Participant as permitted in Section 4.1 and Section 4.2. (This option is not permitted if source year accounts are elected in Section 4.3).
Appears in 1 contract
Samples: Deferred Compensation Plan (Everus Construction Group, Inc.)
