Common use of Salary Deferral Limit Clause in Contracts

Salary Deferral Limit. A Participant may not defer an amount in excess of: 🞎 (1) % of Plan Compensation. 🞎 (2) $ . [Note: If both (1) and (2) are checked, the deferral limit is the lesser of the amounts selected.] Any limit described in subsection (1) or (2) above applies with respect to the following period:

Salary Deferral Limit. A Participant may not defer an amount in excess of: 🞎 (1) % of Plan Compensation. �Compensation and/or  � (2) $ . [Note: If both (1) and (2) are checked, the deferral limit is the lesser of the amounts selected.] Any limit described in subsection (1) or (2) above applies with respect to the following period:

Salary Deferral Limit. A Participant may not defer an amount in excess of: 🞎 (1) % of Plan Compensation. �Compensation  � (2) $ . [Note: If both (1) and (2) are checked, the deferral limit is the lesser of the amounts selected.] Any limit described in subsection (1) or (2) above applies with respect to the following period:

Salary Deferral Limit. A Participant may not defer an amount in excess of: 🞎□ (1) % of Plan Compensation. �Compensation and/or □ � (2) $ . [Note: If both (1) and (2) are checked, the deferral limit is the lesser of the amounts selected.] Any limit described in subsection (1) or (2) above applies with respect to the following perio: □ (3) Plan Year. □ (4) the portion of the Plan Year during which the individual is eligible to participate. □ (5) each separate payroll period during which the individual is eligible to participate. Sample Documentd:

Salary Deferral Limit. A Participant may not defer an amount in excess of: 🞎: (1)100 % of Plan Compensation. �Compensation ¨ � (2) $ . [Note: If both (1) and (2) are checked, the deferral limit is the lesser of the amounts selected.] Any limit described in subsection (1) or (2) above applies with respect to the following period:

Salary Deferral Limit. A Participant may not defer an amount in excess of: 🞎□ (1) % of Plan Compensation. �Compensation and/or □ � (2) $ . [Note: If both (1) and (2) are checked, the deferral limit is the lesser of the amounts selected.] Any limit described in subsection (1) or (2) above applies with respect to the following period: