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Common use of Automatic Deferrals Clause in Contracts

Automatic Deferrals. The Employer in its Adoption Agreement will elect whether to apply or not apply the Automatic Deferral provisions of this Section 3.02(B).

Appears in 3 contracts

Sources: 401(k) Plan Adoption Agreement (Knowles Corp), 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

Related Clauses

  • Deferrals
  • Matching Contributions
  • Elective Deferrals
  • Employer Contribution
  • Employer Contributions

Parent Clauses

  • Frozen Plan
  • Proper Completion of Adoption Agreement
  • Participation Opt Out
  • Miscellaneous
  • Loans

Sub-Clauses

  • New Employees
  • Amount and Eligibility
  • Eligibility
  • Qualified Percentage of Plan Compensation
  • Current Employees
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