Examples of Eligible Agent in a sentence
An Eligible Agent shall become a Participant upon the filing of an election to defer Compensation and shall continue as a Participant until his or her Account has been fully paid pursuant to the provisions of Article V.
Each Eligible Agent may elect to defer, in whole number percentages, up to 80% of his or her Monthly/Weekly Compensation.
No term of this Plan shall be construed to alter or limit any right of an Insurer under any Eligible Agent Contract.
Any agent who becomes an Eligible Agent during the Plan Year may, provided that the Committee has exercised the discretion referred to in Section 2.1, participate in the Plan for the remainder of such Plan Year if he/she elects to do so no later than 30 days following the date he/she becomes an Eligible Agent.
If an Eligible Agent fails to make an election, such failure will be deemed an election not to become a Participant for the Plan Year.