Examples of Deferral Amount in a sentence
All Participants, except those who, on the Automatic Deferral Elective Date, are deferring an amount which is at least equal to the Automatic Deferral Amount.
This Section 3.5 shall not apply, or shall cease to apply, to the extent a Participant or Employee of a Participating Employer files an Enrollment Agreement or elects to have no Employee Deferral Amount contributed to the Plan.
An Employee will have a reasonable period of time, as established by the Plan Administrator, after receipt of any notice required by Applicable Law, to make an affirmative election regarding the Employee Deferral Amount before the deemed election to make such deferrals shall become effective.
Additional Employer Contributions shall be included in the Annual Deferral Amount of the Participant whose Account receives such contributions and shall be subject to the limitations set forth in this Article IV.
In no event shall the amount of the Employee Deferral Amount under an Enrollment Agreement be more than the Maximum Deferral Amount.