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.):

Appears in 8 contracts

Samples: Adoption Agreement (Knowles Corp), Participation Agreement (Nci Building Systems Inc), Prudential Adoption Agreement (Firstmerit Corp /Oh/)

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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.a, b.b, c, or c.d):

Appears in 1 contract

Samples: Versar Inc

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