Annual Election Period definition
Examples of Annual Election Period in a sentence
If Xencor does not provide such a Succeeding Year Percentage Notice during the Annual Election Period, then Xencor shall be deemed to have delivered a Succeeding Year Percentage Notice as of the end of the Annual Election Period electing to maintain the same Xencor Sharing Percentage as was then currently in effect (i.e., from Xencor’s prior year’s election).
The date on which the Annual Election Period commences and ends will be set forth in the SPD or the enrollment material.
The consequences of failing to make an election during the Annual Election Period will be set forth in the SPD.
An election is made during the Annual Election Period in the manner set forth in the SPD.
If Physician elects to change membership categories during the Annual Election Period, Physician’s status shall become effective on January 1 of the next calendar year (e.g., if Physician submits the form on November 20, 2015, the election shall be effective January 1, 2016).