Common use of Scheduled increases Clause in Contracts

Scheduled increases. The Automatic Deferral Amount will or will not increase (as a percentage of Compensation) in Plan Years following the Plan Year containing the Automatic Deferral Effective Date (or, if later, the Plan Year in which the Automatic Deferral first applies to a Participant) as follows (Choose one of a., b., or c.): a. [ ] No scheduled increase. The Automatic Deferral Amount applies in all Plan Years. b. [ ] Scheduled increase. The Automatic Deferral Amount will increase as follows: c. [ ] Other scheduled increase. The Automatic Deferral Amount will increase as follows: Plan Year of application to a Participant Automatic Deferral Amount

Scheduled increases. The Automatic Deferral Amount will or will not increase (as a percentage of Compensation) in Plan Years following the Plan Year containing the Automatic Deferral Effective Date (or, if later, the Plan Year in which the Automatic Deferral first applies to a Participant) as follows (Choose one of a., b., or c.): a. [ ] No scheduled increase. The Automatic Deferral Amount applies in all Plan Years. b. [ ] Scheduled increase. The Automatic Deferral Amount will increase as follows: c. [ ] Other scheduled increase. The Automatic Deferral Amount will increase as follows: Plan Year of application to a Participant Automatic Deferral Amount:

Scheduled increases. The Automatic Deferral Amount will or will not increase (as a percentage of Compensation) in Plan Years following the Plan Year containing the Automatic Deferral Effective Date (or, if later, the Plan Year in which the Automatic Deferral first applies to a Participant) as follows (Choose one of a., b., or c.): a. [ [X] No scheduled increase. The Automatic Deferral Amount applies in all Plan Years. b. [ ] Scheduled increase. The Automatic Deferral Amount will increase as follows: c. [ ] Other scheduled increase. The Automatic Deferral Amount will increase as follows: Plan Year of application to a Participant Automatic Deferral Amount: