Common use of Election Period Clause in Contracts

Election Period. In addition to any other election periods provided under the Plan, each "eligible employee" may make or modify a salary reduction election during the 60-day period immediately preceding each January 1st.

Appears in 2 contracts

Sources: Non Standardized 401(k) Profit Sharing Plan (Aceto Corp), 401(k) Profit Sharing Plan Adoption Agreement (Wayne Savings Bancshares Inc /De/)

Election Period. In addition to any other election periods provided under the Plan, each "eligible employee" Eligible Employee may make or modify a salary reduction election during the 60-day period immediately preceding each January 1st1.

Appears in 2 contracts

Sources: Adoption Agreement (Eureka Financial Corp.), 401(k) Profit Sharing Plan Adoption Agreement (First Financial Northwest, Inc.)