Examples of Initial Election Period in a sentence
You must agree to abide by the terms of the Program both during the Initial Election Period and during each Annual Election Period.
Each Eligible Employee may elect to defer Compensation by filing with the Committee an election that conforms to the requirements of this Section 3.1, on a form provided by the Committee, no later than the last day of his or her Initial Election Period.
Each Participant may elect to defer an amount of Compensation by filing an election with the Administrative Committee no later than the last day of his or her Initial Election Period.
If you wish to use an electronic payment card, you must agree to abide by the terms and conditions of the electronic payment card program (including limitations as to card usage, the Plan’s right to withhold and offset for ineligible claims, etc.) both during the Initial Election Period and during each Annual Election Period.
An Eligible Director who does not make a Deferral Election within the Initial Election Period may make a Deferral Election in accordance with administrative procedures established by the Administrator.