Common use of Amendment and Revocation Clause in Contracts

Amendment and Revocation. Unless otherwise provided herein, the elections contained in this Agreement will continue for each succeeding pay period until amended or revoked, in writing. I may revoke this election at any time, but I understand that I may execute a new Agreement at any time during the calendar year. I further understand that any revocation will only apply prospectively and it is my responsibility to request a change. If I terminate employment with the School Corporation or if the School Corporation terminates the 403(b) Plan, this Agreement will then terminate also.

Amendment and Revocation. Unless otherwise provided herein, the elections contained in this Agreement will continue for each succeeding pay period until amended or revoked, in writing. I may revoke this election at any time, but I understand that I may execute a new Agreement at any time during the only four (4) times each calendar yearyear- January 1, April 1, July 1, and October 1. I further understand that any amendment or revocation will only apply prospectively and it is my responsibility to request a change. If I terminate employment with the School Corporation or if the School Corporation terminates the 403(b) Plan, this Agreement will then terminate also.