Common Contracts

1 similar Salary Reduction Authorization contracts

INITIAL AGREEMENT
Salary Reduction Authorization • May 16th, 2012

With respect to services rendered by the Employee hereafter, the Employer and the Employee hereby agree the Employee’s compensation for such services shall be reduced by equal amounts each pay period by the amount specified by the State of Texas. The amount shall result in a total ANNUAL REDUCTION not to exceed the maximum allowable contribution calculation; the Employer agrees that it will remit the amount of such reduction.

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