Contribution Election definition

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.

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 subject to the Contribution Election.

Examples of Contribution Election in a sentence

• Removal of excess - You must complete Section IV (Excess Contribution Election) in its entirety.

• Escalation of Participant Contributions will occur whether the Participant was making Before-Tax Contributions under Automatic Enrollment or by affirmatively completing a Contribution Election form.

• Participants may opt out of Automatic Contribution Escalation, or opt back into it, at any time by completing and submitting a Contribution Election form.

• In other nations with board codetermination, top-down representation is accompanied by ground-up worker representation through works councils that work with management to make decisions about issues like employee leave, terminations, working conditions, and relocation.

• You will be reimbursed the entire amount of your claim, if it is less than your Annual Contribution Election.

More Definitions of 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.

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; 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 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.

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 means a request by a member to start contributing to the TSP, to change the amount of TSP contributions made each pay period, or to terminate TSP contributions.