Common use of Election Rules Clause in Contracts

Election Rules. The Plan Administrator from time to time shall establish and shall communicate in writing to such individuals such reasonable restrictions and procedures for making individual investment elections as the Plan Administrator deems appropriate under the circumstances for the proper administration of this Plan. Such restrictions and procedures shall be applied on a uniform and nondiscriminatory basis to all similarly situated individuals and, if this Plan is intended to satisfy ERISA section 404(c), shall be in accordance with the regulations under ERISA section 404(c).

Election Rules. The Plan Administrator from time to time shall establish and shall communicate communication in writing to such individuals such reasonable restrictions and procedures for making individual investment elections as the Plan Administrator deems appropriate under the circumstances for the proper administration of this Plan. Such restrictions and procedures shall be applied on a uniform and nondiscriminatory basis to all similarly situated individuals and, if this Plan is intended to satisfy ERISA section 404(c(S)404(c), shall be in accordance with the regulations under ERISA section 404(c(S)404(c).