Common use of Non-Evergreen election Clause in Contracts

Non-Evergreen election. Any election made by the Participant shall only remain in effect for the current election period and will then expire. An election for each subsequent year will be required as permitted in Sections 4.1 and 4.2.

Appears in 18 contracts

Samples: Plan Adoption Agreement (Webster Financial Corp), Adoption Agreement (Mdu Resources Group Inc), Nonqualified Excess Plan (Sound Financial Bancorp, Inc.)

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Non-Evergreen election. Any election made by the Participant shall only remain in effect for the current election period and will then expire. An election for each subsequent year will be required as permitted in Sections 4.1 and 4.2.. XX(c)Other: See Exhibit A

Appears in 1 contract

Samples: Adoption Agreement (Paperweight Development Corp)

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