Common use of New Participants Clause in Contracts

New Participants. The automatic deferral provisions apply to all eligible Participants who do not enter into a Salary Deferral Election (including an election not to defer) and who: 🞎 (A) become Participants on or after the effective date of the automatic deferral provisions. 🞎 (B) are hired on or after the effective date of the automatic deferral provisions.

New Participants. The automatic deferral provisions apply to all eligible Participants who do not enter into a Salary Deferral Election (including an election not to defer) and who: 🞎 (A) become Participants on or after the effective date of the automatic deferral provisions. � � (B) are hired on or after the effective date of the automatic deferral provisions.

New Participants. The automatic deferral provisions apply to all eligible Participants who do not enter into a Salary Deferral Election (including an election not to defer) and who: 🞎¨ (A) become Participants on or after the effective date of the automatic deferral provisions. �þ � (B) are hired on or after the effective date of the automatic deferral provisions.