Qualified Election. The Participant or Beneficiary, if applicable, may make an election at any time during the election period. The Participant or Beneficiary, if applicable, may revoke the election made (or make a new election) at any time and any number of times during the election period. An election is effective only if it meets the consent requirements below.
Appears in 2 contracts
Sources: Basic Savings Plan (NB Bancorp, Inc.), Basic Savings Plan (Penske Automotive Group, Inc.)
Qualified Election. The Participant or Member, Beneficiary, if applicable, or spouse may make an election at any time during the election period. The Participant or Member, Beneficiary, if applicable, or spouse may revoke the election made (or make a new election) at any time and any number of times during the election period. An election is effective only if it meets the consent requirements below.
Appears in 2 contracts
Sources: 401(k) Profit Sharing Plan Adoption Agreement (First Financial Northwest, Inc.), 401(k) Profit Sharing Plan (Community Bancorp)
Qualified Election. The Participant or Participant, Beneficiary, if applicable, or spouse may make an election at any time during the election period. The Participant or Participant, Beneficiary, if applicable, or spouse may revoke the election made (or make a new election) at any time and any number of times during the election period. An election is effective only if it meets the consent requirements below.
Appears in 2 contracts
Sources: Basic Savings Plan (NB Bancorp, Inc.), Basic Savings Plan (Penske Automotive Group, Inc.)
Qualified Election. The Participant Member or Beneficiary, if applicable, may make an election at any time during the election period. The Participant Member or Beneficiary, if applicable, may revoke the election made (or make a new election) at any time and any number of times during the election period. An election is effective only it if it meets the consent requirements below.
Appears in 2 contracts
Sources: 401(k) Profit Sharing Plan Adoption Agreement (First Financial Northwest, Inc.), 401(k) Profit Sharing Plan (Community Bancorp)