Common use of Commencement of Participation Clause in Contracts

Commencement of Participation. The Employer shall promptly notify each Employee that satisfies the Plan's eligibility requirements set forth in the Adoption Agreement that he/she may take the necessary steps to commence participation in the Plan. If an Eligible Employee cannot be located or refuses to establish an XXX to receive contributions made to the Plan, the Employer may execute the necessary documents to establish an XXX on such Eligible Employee's behalf. An Eligible Employee shall commence participation in the Plan by establishing an XXX to receive contributions made to the Plan, notifying the Committee of the establishment of the XXX, and, if applicable, entering into a "salary reduction agreement" as described in Section 3.4 with the Employer.