Common use of Automatic deferral election Clause in Contracts

Automatic deferral election. (See Section 2.3(a)(2) of the BPD.) Effective January 1, 2006, an Eligible Participant will automatically defer 2% of Included Compensation for each payroll period, unless the Eligible Participant makes a contrary Salary Reduction Agreement election. This automatic deferral election will apply to:

Automatic deferral election. (See Section 2.3(a)(2) of the BPD.) Effective January 1, 2006, an An Eligible Participant will automatically defer 2% defer___% of Included Compensation for each payroll period, unless the Eligible Participant makes a contrary Salary Reduction Agreement electionelection on or after ___. This automatic deferral election will apply to: [ ] a. all Eligible Participants. [ ] b. only those Employees who become Eligible Participants on or after the following date:

Automatic deferral election. (See Section 2.3(a)(2) of the BPD.) Effective January 1, 2006, an An Eligible Participant will automatically defer 2____ % of Included Compensation for each payroll period, unless the Eligible Participant makes a contrary Salary Reduction Agreement electionelection on or after ____. This automatic deferral election will apply to:

Automatic deferral election. (See Section 2.3(a)(2) of the BPD.) Effective January 1, 2006, an An Eligible Participant will automatically defer 2_% of Included Compensation for each payroll period, unless the Eligible Participant makes a contrary Salary Reduction Agreement electionelection on or after___. This automatic deferral election will apply to:: [ ] a. all Eligible Participants. [ ] b. only those Employees who become Eligible Participants on or after the following date: _______________________________________________________________________

Automatic deferral election. (See Section 2.3(a)(2) of the BPD.) Effective January 1, 2006, an An Eligible Participant will automatically defer 2% of Included Compensation for each payroll period, unless the Eligible Participant makes a contrary Salary Reduction Agreement electionelection on or after . This automatic deferral election will apply to:: oa. all Eligible Participants. ob. only those Employees who become Eligible Participants on or after the following date: o15.

Automatic deferral election. (See Section 2.3(a)(2) of the BPD.) Effective January 1, 2006, an An Eligible Participant will automatically defer 2% _1_% of Included Compensation for each payroll period, unless the Eligible Participant makes a contrary Salary Reduction Agreement electionelection on or after the expiration of a 30 days notification period. This automatic deferral election will apply to:: [ ] a. all Eligible Participants. [X] b only those Employees who become Eligible Participants on or after the following date: April 1. 2006

Automatic deferral election. (See Section 2.3(a)(2) of the BPD.) Effective January 1, 2006, an An Eligible Participant will automatically defer 2% of Included Compensation for each payroll period, unless the Eligible Participant makes a contrary Salary Reduction Agreement electionelection on or after . This automatic deferral election will apply to: