Common use of Limits on Elective Deferrals Clause in Contracts

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have his or her Compensation reduced by an amount as described below (Choose one): Option 1: [X] An amount equal to a percentage of the Contributing Participant's Compensation from 1 % to 15% in increments of 1%. Option 2: [ ] An amount of the Contributing Participant's Compensation not less than _______ and not more than ______________ The amount of such reduction shall be contributed to the Plan by the Employer on behalf of the Contributing Participant. For any taxable year, a Contributing Participant's Elective Deferrals shall not exceed the limit contained in Section 402(g) of the Code in effect at the beginning of such taxable year.

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have his or her Compensation reduced by an amount as described below (Choose oneCHOOSE ONE): Option 1: [X] X/ An amount equal to a percentage of the Contributing Participant's Compensation from 1 1% to 1520% in increments of 1%. Option 2: [ ] An amount of the Contributing Participant's Compensation not less than _______ and not more than ______________ . The amount of such reduction shall be contributed to the Plan by the Employer on behalf of the Contributing Participant. For any taxable year, a Contributing Participant's Elective Deferrals shall not exceed the limit contained in Section 402(g) of the Code in effect at the beginning of such taxable year.

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have his or her Compensation reduced by an amount as described below (Choose one): Option 1: [X[ ] An amount equal to a percentage of the Contributing Participant's Compensation from 1 _______% to 15_______% in increments of 1_______%. Option 2: [ ] An amount of the Contributing Participant's Compensation not less than _______________ and not more than _______________ . The amount of such reduction shall be contributed to the Plan by the Employer on behalf of the Contributing Participant. For any taxable year, a Contributing Participant's Elective Deferrals shall not exceed the limit contained in Section 402(g) of the Code in effect at the beginning of such taxable year.

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have his or her Compensation reduced by an amount as described below (Choose one):): Option Option 1: [X] ? An amount equal to a percentage of the Contributing Participant's Compensation from 1 % to 15% in increments of 11 %. . Option 2: [ ] ? An amount of the Contributing Participant's Compensation not less than _______ and not more than than______________ . The amount of such reduction shall be contributed to the Plan by the Employer on behalf of the Contributing Participant. For any taxable year, a Contributing Participant's Elective Deferrals shall not exceed the limit contained in Section 402(g) of the Code in effect at the beginning of such taxable year.

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have his or her Compensation reduced by an amount as described below (Choose one): Option 1: [X] An amount equal to a percentage of the Contributing Participant's Compensation from 1 % to 1515 % in - -- increments of 11 %.. - Option 2: [ [_] An amount of the Contributing Participant's Compensation not less than _______ and not more than ______________ than. The amount of such reduction shall be contributed to the Plan by the Employer on behalf of the Contributing Participant. For any taxable year, a Contributing Participant's Elective Deferrals shall not exceed the limit contained in Section 402(g) of the Code in effect at the beginning of such taxable year.

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have his or her Compensation reduced by an amount as described below (Choose one): Option 1: . [X] An amount equal to a percentage of the Contributing Participant's Compensation from 1 1% to 1520% in increments of 1%. Option 2: . [ ] An amount of the Contributing Participant's Compensation not less than $________ and not more than $______________ . The amount of such reduction shall be contributed to the Plan by the Employer on behalf of the Contributing Participant. For any taxable year, a Contributing Participant's Elective Deferrals shall not exceed the limit contained in Section 402(g) of the Code in effect at the beginning of such taxable year.

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have his or her Compensation reduced by an amount as described below (Choose one): Option 1: [X] An amount equal to a percentage of the Contributing Participant's Compensation from 1 % to 1515 % in - -- increments of 11 %.. - Option 2: [ [_] An amount of the Contributing Participant's Compensation not less than _______ and not more than ______________ . The amount of such reduction shall be contributed to the Plan by the Employer on behalf of the Contributing Participant. For any taxable year, a Contributing Participant's Elective Deferrals shall not exceed the limit contained in Section 402(g) of the Code in effect at the beginning of such taxable year.