Commencement of Membership. (1) For purposes other than eligibility to receive an allocation of Age and Service Employer Contributions, each Employee who was a Member on the Effective Date and who continues to be an Employee on the Effective Date shall continue to be a Member on that date.
Commencement of Membership. 3.0 Subject to clause 3.2, when an applicant has signed a Membership Agreement and Xxxxxxxxx College Enterprises Ltd. has received his Enrolment Fee and Starter Payment (or Enrolment Fee and annual payment in advance (“Annual Payment”) as the case may be), he shall become a member of the Complex and entitled to all the privileges of his category of membership allows.
Commencement of Membership. The term of this Agreement shall commence upon receipt of the first payment of the Monthly Membership Fee to us.
Commencement of Membership. Each Employee who was a Member on the Effective Date and who continues to be an Employee on the Effective Date shall continue to be a Member on that date. Each other person shall become a Member on the first payroll date that is as soon as administratively practicable following the date on which he becomes an Employee, or any subsequent payroll date, if he has timely enrolled in the Plan pursuant to a Compensation Reduction Agreement. An Employee's Compensation Reduction Agreement shall contain his authorization for his Employer to reduce his Eligible Earnings and to make Deferred Salary Contributions and/or Xxxx Contributions on his behalf in accordance with the provisions of Section 3.1. A Compensation Reduction Agreement shall remain in effect until revised, revoked or terminated.
Commencement of Membership. (1) Any Eligible Employee may enroll in the Plan for purposes of having his Employer make Before-Tax Contributions for him to the Trust on the Enrollment Date on which he is initially eligible or on any subsequent Enrollment Date by filing with the Administrative Committee at least 30 days (or such shorter period as the Committee shall determine) before such Date an enrollment form prescribed by the Committee, which form shall include (a) the desired effective date of the Eligible Employee’s enrollment in the Plan, (b) his agreement commencing on or after the effective date to have his Employer make Before-Tax Contributions for him to the Trust, (c) his authorization to his Employer to withhold from his Compensation payable on or after such effective date, any designated Before-Tax Contributions and to pay the same to the Trust, and (d) his direction that the Before-Tax Contributions and Employer Contributions, if any, made by or for him be invested (to the extent permitted under the Plan) in any one of the investment options permitted by Section 5.5. Notwithstanding the foregoing, an Eligible Employee who is employed by Xxxxxx Xxxx Co., LTD on January 1, 2009 and who otherwise meets the requirements to participate in the Plan on such date may enroll in the Plan for purposes of having his Employer make Before-Tax Contributions for him to the Trust on February 1, 2009 or any Enrollment Date thereafter. An Eligible Employee who enrolls as provided in this Subsection (1) shall become a Member, if he is not otherwise a Member under the Plan. Notwithstanding the foregoing, a Former Weartech Plan Participant who becomes an Eligible Employee on August 29, 2016 and who on August 19, 2016 had in effect an election under the Weartech Plan to have a percentage of his compensation contributed as before-tax contributions, shall become a Member on August 29, 2016 and his elected percentage (in effect on August 19, 2016) under the Weartech Plan shall continue in effect under the Plan, until changed or suspended pursuant to Section 3.3 or Section 3.4, with respect to his Compensation to be contributed as Before-Tax Contributions under the Plan, provided, however, that if such elected percentage under the Weartech Plan was greater than 100%, such percentage shall be reduced to 80% with respect to his Compensation to be contributed as Before-Tax Contributions under the Plan.
Commencement of Membership. (1) Any Eligible Employee may enroll in the Plan for purposes of having his Employer make Before-Tax Contributions for him to the Trust on the Enrollment Date on which he is initially eligible or on any subsequent Enrollment Date by filing with the Administrative Committee at least 30 days (or such shorter period as the Committee shall determine) before such Date an enrollment form prescribed by the Committee, which form shall include (a) the desired effective date of the Eligible Employee’s enrollment in the Plan, (b) his agreement commencing on or after the effective date to have his Employer make Before-Tax Contributions for him to the Trust, (c) his authorization to his Employer to withhold from his Compensation payable on or after such effective date, any designated Before-Tax Contributions and to pay the same to the Trust, and (d) his direction that the Before-Tax Contributions and Employer Contributions, if any, made by or for him be invested (to the extent permitted under the Plan) in any one of the investment options permitted by Section 5.5. Notwithstanding the preceding provisions of this Section, the terms and provisions of the Plan in effect prior to January 1, 2019 contained special membership rules for certain classes of Eligible Employees.
