Common use of Revoking and Resuming a Contribution Election Clause in Contracts

Revoking and Resuming a Contribution Election. A Participant may revoke his or her Contribution election at the same time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll paid after such date. A Participant may resume Contributions by making a new Contribution election at the same time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll of the month paid after such date.

Appears in 1 contract

Samples: Plan and Trust Agreement (Timken Co)

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Revoking and Resuming a Contribution Election. A Participant may revoke his or her Contribution election at the same time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll paid after such date. A Participant may resume Contributions by making a new Contribution election at the same time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll of the month paid after such date.

Appears in 1 contract

Samples: Roadway Services Inc

Revoking and Resuming a Contribution Election. A Participant may revoke his or her Contribution election at the same any time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election revocation shall be effective with the first payroll paid after such date. A Participant who is an Eligible Employee may resume Contributions by making a new Contribution election at the same time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll of the month paid after such date.

Appears in 1 contract

Samples: Nipsco Industries Inc

Revoking and Resuming a Contribution Election. A Participant may revoke his or her Contribution election at the same any time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll paid after such date. A Participant may resume Contributions by making a new Contribution election at the same time in which a Participant may change his or her election election, but no earlier than six months after the date he or she revoked his or her Contribution election,in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll of the month paid after such date.

Appears in 1 contract

Samples: Bank Jos a Clothiers Inc /De/

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Revoking and Resuming a Contribution Election. A Participant may revoke his or her Contribution election at the same any time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll paid after such date. A Participant may resume Contributions by making a new Contribution election at the same time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll of the month paid after such date.

Appears in 1 contract

Samples: Plan and Trust Agreement (Southdown Inc)

Revoking and Resuming a Contribution Election. A Participant may revoke his or her Contribution election at the same any time in which such manner and with such advance notice as prescribed by the Administrator, and such revocation shall be effective with the first payroll paid after such date. A Participant who is an Eligible Employee may resume Contributions by making a Participant may change his or her new Contribution election at any time in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll paid after such date. A Participant may resume Contributions by making a new Contribution election at the same time in which a Participant may change his or her election in such manner and with such advance notice as prescribed by the Administrator, and such election shall be effective with the first payroll of the month paid after such date.

Appears in 1 contract

Samples: Caliber System Inc

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