Examples of Annual Election Period in a sentence
Any such increase in the Deferral Amount elected shall be deferred for the same Deferral Period which applies to the other Deferral Amount selected during the most recent preceding Initial Enrollment Period or Annual Election Period during which the Participant elected a Deferral Amount.
Unless the Participant prospectively increases the Deferral Amount under this Section 4.5, such an election shall remain in effect until the next Annual Election Period or the Participant ceases to be a Representative.
Any election so made shall remain in effect until the next Annual Election Period and shall immediately cease if the Participant is no longer a Representative.
A Participant must specify the Deferral Amount as a specific percentage, or dollar amount, of his total Net Compensation earned after an Annual Election Period and during a Deferral Period.
A Participant may elect to resume deferrals under this Plan at any subsequent Annual Election Period, provided that the Participant satisfies the Plan’s eligibility requirements in effect at that time.