Common use of MAKING AND MODIFYING AN EMPLOYEE THRIFT CONTRIBUTION ELECTION Clause in Contracts

MAKING AND MODIFYING AN EMPLOYEE THRIFT CONTRIBUTION ELECTION. A Participant shall be entitled to increase, decrease or resume his or her Employee Thrift Contribution percentage with the following frequency during the Plan Year (select one): / / (1) annually / / (2) semi-annually / / (3) quarterly / / (4) monthly / / (5) other (specify): ______ Any such increase, decrease or resumption shall be effective as of the first payroll period coincident with or next following the first day of each period set forth above. A Participant may completely discontinue making Employee Thrift Contributions at any time effective for the payroll period after written notice is provided to the Administrator.

MAKING AND MODIFYING AN EMPLOYEE THRIFT CONTRIBUTION ELECTION. A Participant shall be entitled to increase, decrease or resume his or her Employee Thrift Contribution percentage with the following frequency during the Plan Year (select one): / / |_| (1) annually / / |_| (2) semi-annually / / |_| (3) quarterly / / |_| (4) monthly / / |_| (5) other (specify): ______ . Any such increase, decrease or resumption shall be effective as of the first payroll period coincident with or next following the first day of each period set forth above. A Participant may completely discontinue making Employee Thrift Contributions at any time effective for the payroll period after written notice is provided to the Administrator.

MAKING AND MODIFYING AN EMPLOYEE THRIFT CONTRIBUTION ELECTION. A Participant shall be entitled to increase, decrease or resume his or her Employee Thrift Contribution percentage with the following frequency during the Plan Year (select one): / / |_| (1) annually / / |_| (2) semi-annually / / |_| (3) quarterly / / |_| (4) monthly / / |_| (5) other (specify): ______ _. Any such increase, decrease or resumption shall be effective as of the first payroll period coincident with or next following the first day of each period set forth above. A Participant may completely discontinue making Employee Thrift Contributions at any time effective for the payroll period after written notice is provided to the Administrator.

MAKING AND MODIFYING AN EMPLOYEE THRIFT CONTRIBUTION ELECTION. A Participant shall be entitled to increase, decrease or resume his or her Employee Thrift Contribution percentage with the following frequency during the Plan Year (select one): / / (1) annually / / (2) semi-annually / / (3) quarterly / / (4) monthly / / (5) other (specify): ______ _______________. Any such increase, decrease or resumption shall be effective as of the first payroll period coincident with or next following the first day of each period set forth above. A Participant may completely discontinue making Employee Thrift Contributions at any time effective for the payroll period after written notice is provided to the Administrator.