Common use of Salary Deferral Limit Clause in Contracts

Salary Deferral Limit. A Participant may not defer an amount in excess of: □ (1) % of Plan Compensation and/or □ (2) $ . Any limit described in subsection (1) or (2) above applies with respect to the following period:

Salary Deferral Limit. A Participant may not defer an amount in excess of: □ (1) % of Plan Compensation and/or □ (2) $ . Any limit described in subsection (1) or (2) above applies with respect to the following period:: □ (3) Plan Year. □ (4) the portion of the Plan Year during which the individual is eligible to participate. □ (5) each separate payroll period during which the individual is eligible to participate. Sample Document

Salary Deferral Limit. A Participant may not defer an amount in excess of: □  (1) % of Plan Compensation and/or □  (2) $ . Any limit described in subsection (1) or (2) above applies with respect to the following period:

Salary Deferral Limit. A Participant may not defer an amount in excess of: □  (1) % of Plan Compensation and/or □  (2) $ . Any limit described in subsection (1) or (2) above applies with respect to the following period:.