Common use of Cash Bonuses Clause in Contracts

Cash Bonuses. If permitted in the Adoption Agreement, a Participant may also base Elective Deferrals on cash bonuses that, at the Participant's election, may be contributed to the CODA or received by the Participant in cash. A Participant shall be afforded a reasonable period at least once a year to elect to defer such amounts to the CODA. Such election shall become effective as soon as administratively feasible, but not before the time specified in the Adoption Agreement.

Appears in 10 contracts

Samples: Adoption Agreement Dreyfus Standardized (Dreyfus Global Growth Fund), Adoption Agreement Dreyfus Standardized (Dreyfus Money Market Instruments Inc), Adoption Agreement Dreyfus Standardized (Dreyfus Growth & Value Funds Inc)

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