Common use of Election changes/Irrevocability Clause in Contracts

Election changes/Irrevocability. The selected options in Section 4.06 of the Adoption Agreement are amended as follows:

Election changes/Irrevocability. The selected options in Section 4.06 of the Adoption Agreement are amended as follows:: May change. Remove selection of Section 4.06(B)(b)(i). May not change. Select Section 4.06(B)(b)(ii). May not change the change payment as to the Deferred Compensation to which the election applies.