No re-classification Sample Clauses

No re-classification. An Elective Deferral contributed to the Plan either as a Pre-Tax Deferral or as a Xxxx Deferral may not be re-classified as the other type of Elective Deferral.
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No re-classification. An Elective Deferral contributed to the Plan either as a Pre-Tax Deferral or as a Rxxx Deferral may not be re-classified as the other type of Elective Deferral; provided, however that a Pre-Tax Deferral may be converted to a Rxxx Deferral by means of an In-Plan Rxxx Rollover under Section 3.08(E). However, if a Participant validly elected to make a Pre-Tax Deferral or a Rxxx Deferral, and the Plan Administrator or a vendor mistakenly classified it incorrectly, the Plan Administrator will re-classify the Elective Deferral, plus the earnings thereon, as the Participant had elected prior to withholding the Elective Deferral from the Participant’s Compensation.
Sample 1

Related to No re-classification

  • New Classifications If a new classification is created within the bargaining unit, the Employer agrees to meet with the Union and negotiate a rate of pay for this new classification. If the parties cannot reach agreement, at the request of either party, the matter shall be submitted to the arbitration procedure in Article 26 of this Agreement.

  • Classification For the purposes of Rules 43.3(a) and 70.5(b), the Authority shall indicate the classification of the subject matter according to the International Patent Classification. The Authority may, in addition, in accordance with Rules 43.3 and 70.5, indicate the classification of the subject matter according to any other patent classification specified in Annex E to this Agreement to the extent decided by it as set out in that Annex.

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