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 their Compensation reduced by the amount described below. Such amount will be contributed to the Plan by the Employer on behalf of the Contributing Participant (select one): Option 1: An amount equal to a percentage of the Contributing Participant’s Compensation from percent to percent in increments of percent.

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have their his or her Compensation reduced by the an amount as described below. Such amount will be contributed to the Plan by the Employer on behalf of the Contributing Participant below (select Choose one): Option 1: ý An amount equal to a percentage of the Contributing Participant’s 's Compensation from percent 1% to percent 15% in increments of percent1%.

Limits on Elective Deferrals. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have their his or her Compensation reduced by the an amount as described below. Such amount will be contributed to the Plan by the Employer on behalf of the Contributing Participant below (select Choose one): Option 1: An amount equal to a percentage of the Contributing Participant’s Compensation from percent _____% to percent in increments % in Option 2: An amount of percent.the Contributing Participant’s Compensation not less than $ and not more than

Limits on Elective Deferrals. a. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have their Compensation reduced by the amount described below. Such amount will shall be contributed to the Plan by the Employer on behalf of the Contributing Participant (select one): Option 1: An amount equal to a percentage of the Contributing Participant’s Compensation from percent to percent in increments of percent.

Limits on Elective Deferrals. a. If Elective Deferrals are permitted under the Plan, a Contributing Participant may elect under a salary reduction agreement to have their Compensation reduced by the amount described below. Such amount will be contributed to the Plan by the Employer on behalf of the Contributing Participant (select one): Option 1: [X] An amount equal to a percentage of the Contributing Participant’s 's Compensation from 1 percent to 100 percent in increments of .5 percent.