Common use of MODIFYING ELECTIONS Clause in Contracts

MODIFYING ELECTIONS. An Employee, on a prospective basis, may increase or may decrease his salary reduction percentage or dollar amount: (Choose one) (1) As of the beginning of each payroll period. (2) As of the first day of each quarter. [X] (3) As of any Plan Entry Date. [ ] (4) (Specify at least once per Plan Year) _______________ _____________________________________________________________.

Appears in 1 contract

Sources: Defined Contribution Master Plan and Trust Agreement (Nci Building Systems Inc)

MODIFYING ELECTIONS. An Employee, on a prospective basis, may increase or may decrease his salary reduction percentage or dollar amount: (Choose one) (1) As of the beginning of each payroll period. (2) As of the first day of each quarter. [X] (3) As of any Plan Entry Date. [ ] (4) (Specify at least once per Plan Year) _______________ _____________________________________________________________.

Appears in 1 contract

Sources: Adoption Agreement (Winnebago Industries Inc)