Common use of First Year of Increase Clause in Contracts

First Year of Increase. The Automatic Escalation provision will apply to a Participant beginning with the first Change Date after the Participant files a Salary Reduction Agreement (or, if sooner, the effective date of this Election, or, as appropriate, any amendment thereto), unless otherwise elected below:

Appears in 11 contracts

Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement

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First Year of Increase. The Automatic Escalation automatic escalation provision will apply to a Participant participant beginning with the first Change Date after the Participant files a Salary Reduction Agreement (or, if sooner, the effective date of this Election, or, as appropriate, any amendment thereto), unless otherwise elected a. is selected below:

Appears in 5 contracts

Samples: Adoption Agreement, Savings and Retirement Plan (Fossil Group, Inc.), Adoption Agreement

First Year of Increase. The Automatic Escalation automatic escalation provision will apply to a Participant beginning with the first Change Date after the Participant files a Salary Reduction Agreement (or, if sooner, the effective date of this Election, or, as appropriate, any amendment thereto), unless otherwise elected below:

Appears in 3 contracts

Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement

First Year of Increase. The Automatic Escalation automatic escalation provision will apply to a Participant participant beginning with the first Change Date after the Participant files a Salary Reduction Agreement (or, if sooner, the effective date of this Election, or, as appropriate, any amendment thereto), unless otherwise l. isotherwise elected below:: (Choose one of (l) or (m) if applicable)

Appears in 1 contract

Samples: Adoption Agreement

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First Year of Increase. The Automatic Escalation automatic escalation provision will apply to a Participant participant beginning with the first Change Date after the Participant files a Salary Reduction Agreement (or, if soonerless, the Elective Deferral Limit) of his/her proportionate share of that CODA contributionsooner, the effective date of this Election, or, as appropriate, any amendment thereto), unless otherwise elected below:: (Choose one of (1l) or (2).):m) if applicable)

Appears in 1 contract

Samples: Adoption Agreement

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