Contribution Election or “Election” means the election made by an Active Participant who is an Eligible Employee to reduce the Compensation to be paid to him by an amount equal to the product of his Contribution Percentage and such Compensation subject to the Contribution Election. Subject to Section 3.1(b), such Contribution Election will specify the portion of the Contribution that is a Before-Tax Contribution, the portion that is a Roth 401(k) Contribution, and the portion that is an After-Tax Contribution.

Contribution Election means the election made by an Eligible Associate or Participant selecting the percentage of Eligible Pay to be deferred and contributed to the Plan by the Employer as a Pre-tax Contribution.

Examples of Contribution Election in a sentence

A Participant who is an Eligible Employee and who has cancelled his or her Election may again make a Contribution Election at any time.
Any Contribution Election received on or before a Notice Date shall become effective with respect to the payroll cycle ended after the next Change Date.
Any Participant who has improperly completed a Contribution Election will be deemed not to have made an Election.
The responsible Named Fiduciary will establish procedures, to be administered in a uniform and nondiscriminatory manner, for allowing a Participant to cancel his or her Contribution Election.
ΣOur approach works with explanation techniques that fulfill efficiency and uninformative properties, and we use Shapley values as an example.

More Definitions of Contribution Election

Contribution Election or “Election” means the election made by a Participant to reduce his or her Compensation from the Employer by an amount equal to the product of his or her Contribution Percentage and such Compensation subject to the Contribution Election.

Contribution Election or "Election" means the election made by a Participant to reduce his or her Compensation by an amount equal to the product of his or her Contribution Percentage and such Compensation from the Employer subject to the Contribution Election; provided however, effective January 1, 1998, the Contribution Election for a Participant for whom assets and liabilities have been transferred to this Plan from the Whitman Plan shall be the same as the Contribution Election of such Participant under the Whitman Plan.

Contribution Election means the agreement of a Contributing Creditor to contribute and assign such Contributing Creditor’s Non-Estate Causes of Action to the Liquidating Trust, as evidenced by the submission of an Election Form for Contributing Creditors, which form shall also be provided to Holders of Class 3 General Unsecured Claims in accordance with the Confirmation Order.

Contribution Election means the election made by a Participant to reduce his Compensation each payroll period, as designated by the Participant, by the Contribution Amount.

Contribution Election means the election made by a Participant selecting the percentage of Compensation to be deferred and contributed to the Plan by the Employer as a Pre-tax Contribution.

Contribution Election or “Election” 8 1.25 “Contribution Percentage” 8 1.26 “Conversion Election” 8 1.27 “Custodial Agreement” 8 1.28 “Custodian” 8 1.29 “Direct Rollover” 8 TABLE OF CONTENTS (continued) 1.30 “Disability“ or ”Disabled” 8 1.31 “Distributee” 8 1.32 “Early Retirement Date” 9 1.33 “Effective Date” 9 1.34 “Elective Deferral” 9 1.35 “Eligible Employee” 9 1.36 “Eligible Retirement Plan” 10 1.37 “Eligible Rollover Distribution” 10 1.38 “Employee” 10 1.39 “Employer” 11 1.40 “Employment Date” 11 1.41 “ERISA” 11 1.42 “Fiduciary” 11 1.43 “Forfeiture” 11 1. 44 “Forfeiture Account” 11