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.

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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

• The Non-Proposing Members shall have sixty (60) days from receipt of the proposal to decide whether they desire to participate in such proposed New Business (such sixty (60) day period, the “Initial Election Period”) pursuant to this Section 13.3. Failure of a Non-Proposing Member to give timely notice of its election within the Initial Election Period shall be deemed an election by such Non-Proposing Member not to participate in such proposed New Business.

• During the first thirty (30) days of the Initial Election Period, any Non-Proposing Member may object or request clarification (the “Initial Election Period Objection”) with respect to the [*CONFIDENTIAL*]% Payment Methodology and the Initial Election Period shall be extended another sixty (60) days from the date of the Initial Election Period Objection.

• HRASimple shall provide required notices to employees whose coverage terminates, including election notices, which shall advise Participants of their rights under current laws and the Initial Election Period described by applicable law.

• No later than 15 Business Days following its receipt of a Mortgage Loan Report (the "Initial Election Period"), Desert Capital shall send written notice to Consolidated Mortgage specifying the Mortgage Loans set forth in the Mortgage Loan Report that Desert Capital is interested in funding all or an identified portion thereof (a "Preliminary Funding Notice").

• If Desert Capital fails to deliver a Preliminary Funding Notice to Consolidated Mortgage prior to the expiration of the Initial Election Period, then Consolidated Mortgage may arrange for the funding of the Mortgage Loans set forth in the applicable Mortgage Loan Report through one or more third parties without regard to this Agreement.

More Definitions of Initial Election Period

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 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 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 for an Eligible Individual means the 30-day ----------------------- period ending January 31, 1997.

Initial Election Period has the meaning set forth in Section 2.12(a).

Initial Election Period for an Eligible Employee shall mean the thirty-day period beginning on the date on which an individual first becomes an Eligible Employee.