Common use of Revocation of Election Clause in Contracts

Revocation of Election. A Participant may revoke an election, in whole or in part, any time prior to the Transfer Date. Thereafter, a revocation shall become effective as of the next ensuing Transfer Date occurring within a reasonable time (as determined under procedures specified by the Plan Administrator) after the Plan Administrator’s receipt of such revocation.

Revocation of Election. A Participant may revoke an electionhis election to have Elective Xxxxxxxxx made on his behalf at any time, in whole or in part, any time prior to the Transfer Date. Thereafter, a revocation shall become effective as of the payroll period next ensuing Transfer Date occurring within a reasonable time (as determined under procedures specified by the Plan Administrator) after the Plan Administrator’s receipt of following such revocation.. If the Participant revokes his or her election to have Elective Deferrals made to the Plan, the Participant may not make Elective Deferrals: