No Scheduled Increase Sample Clauses

The "No Scheduled Increase" clause establishes that certain fees, rates, or payments specified in the agreement will not automatically rise over time. In practice, this means that the amounts due under the contract remain fixed for the duration of the agreement, unless otherwise amended by mutual consent. This clause provides cost certainty for the parties involved and prevents unexpected financial obligations due to automatic escalations.
No Scheduled Increase. The Automatic Deferral Percentage applies in all Plan Years.