Initial Election Period definition

Initial Election Period means the 30-day period prior to the Effective Date of the Plan, or the 30-day period following the time an employee shall be designated by the Company as an Eligible Employee.
Initial Election Period means:
Initial Election Period for an Eligible Employee shall mean the later of: (a) the period beginning upon notification to the Participants of this Plan and ending December 31, 1999; or (b) the thirty-day period following the Eligible Employee’s date of hire or if later the date on which an individual becomes an Eligible Employee.

Examples of Initial Election Period in a sentence

  • You must agree to abide by the terms of the Program both during the Initial Election Period and during each Annual Election Period.

  • The following is a summary of the Initial Election Period and the Annual Election Period.

  • Elections other than Elections during the Initial Election Period.

  • The Annual Election Period The Cafeteria Plan also has an "Annual Election Period" during which you may enroll if you did not enroll during the Initial Election Period or change your elections for the next Plan Year.

  • The election that you make during the Initial Election Period is effective for the remainder of the Plan Year and generally cannot be changed during the Plan Year unless you have a qualifying event.


More Definitions of Initial Election Period

Initial Election Period for an Eligible Employee shall mean the 30-day period following the date on which the Committee notifies an employee that he or she has been selected as an Eligible Employee.
Initial Election Period means the period selected by the Committee or its designee immediately preceding the Plan Year beginning after the date on which an individual first becomes an Eligible Employee.
Initial Election Period means the 30-day period immediately following the date an employee shall first be designated by the Company as an Eligible Employee for purposes of Article 2 of the Plan or any other account based plan established or maintained by the Company or any Affiliate that allows for the elective deferral of compensation, as determined under Treasury Regulations section 1.409A-1(c)(2)(i)(A).
Initial Election Period for an Eligible Individual means the 30-day ----------------------- period ending January 31, 1997.
Initial Election Period for an Eligible Employee shall mean the 30-day period immediately prior to November 14, 1997 or the 30-day period following the time an employee shall be designated by the Company as an Eligible Employee.
Initial Election Period has the meaning set forth in Section 13.2(a).
Initial Election Period for an Eligible Director shall mean the thirty-day period beginning on the date of the Eligible Director’s initial election or appointment to the Board of Directors of the Bank (or, if later, on the date such Director first becomes an Eligible Director).