Common use of Salary Reduction Agreement Clause in Contracts

Salary Reduction Agreement. A Salary Reduction Agreement means a Participant's written election to make Elective Deferrals to the Plan (including a Contrary Election under Section 3.02(B)(4)), made on the form the Plan Administrator provides for this purpose.

Appears in 2 contracts

Samples: 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

AutoNDA by SimpleDocs

Salary Reduction Agreement. A Salary Reduction Agreement means a Participant's ’s written election to make reduce his or her Compensation (and have that amount contributed as Elective Deferrals to the Plan (including a Contrary Election under Section 3.02(B)(4Plan)), made on the form . Disclosures required by the Plan to be included in a Salary Reduction Agreement may be included in one or more documents that together are deemed to constitute such Salary Reduction Agreement. The Plan Administrator provides shall determine, on a uniform and nondiscriminatory basis, whether a Participant’s affirmative election to reduce his or her Compensation by 0% or $0 constitutes an effective Salary Reduction Agreement for this purposepurposes of Article 3.

Appears in 1 contract

Samples: 403(b) Volume Submitter Plan Adoption Agreement

Salary Reduction Agreement. A Salary Reduction Agreement means a Participant's written election to make Elective Deferrals to the Plan (including a Contrary Election under Section 3.02(B)(43.02(B)(4)(d)), made on the form the Plan Administrator provides for this purpose.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

Salary Reduction Agreement. A Salary Reduction Agreement means a Participant's ’s written election to make Elective Deferrals to the Plan (including a Contrary Election under Section 3.02(B)(4)), made on the form the Plan Administrator provides for this purpose.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)

AutoNDA by SimpleDocs

Salary Reduction Agreement. A Salary Reduction Agreement means a Participant's written election to make reduce his or her Compensation (and have that amount contributed as Elective Deferrals to the Plan (including a Contrary Election under Section 3.02(B)(43.02(B)(4)(d)), made on the form the Plan Administrator provides for this purpose.

Appears in 1 contract

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!