Treatment of Automatic Deferrals. Any Salary Deferrals made pursuant to an automatic deferral election will be treated as Pre-Tax Salary Deferrals, unless designated otherwise under this subsection (iii). Any Salary Deferrals made pursuant to an automatic deferral election will be treated as ▇▇▇▇ Deferrals. [This subsection (iii) may only be checked if ▇▇▇▇ Deferrals are permitted under AA §6A-5.] [Note: Any Salary Deferral Election (including an election not to defer under the Plan) made after the effective date of the automatic deferral provisions will override such automatic deferral provisions. See Section 6.04(b)(1)(iii) of the Plan for the application of this provision to rehired Employees.]
Appears in 1 contract
Sources: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement
Treatment of Automatic Deferrals. Any Salary Deferrals made pursuant to an automatic deferral election will be treated as Pre-Tax Salary Deferrals, unless designated otherwise under this subsection (iiiiv). Any Salary Deferrals made pursuant to an automatic deferral election will be treated as ▇▇▇▇ Deferrals. [Note: This subsection (iiiiv) may only be checked if ▇▇▇▇ Deferrals are permitted under AA §6A-5.] [Note: Any Salary Deferral Election (including an election not to defer under the Plan) made after the effective date of the automatic deferral provisions will override such automatic deferral provisions. See Section 6.04(b)(1)(iii) of the Plan for the application of this provision to rehired Employees.]
Appears in 1 contract
Sources: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement
Treatment of Automatic Deferrals. Any Salary Deferrals made pursuant to an automatic deferral election will be treated as Pre-Tax Salary Deferrals, unless designated otherwise under this subsection (iii). ¨ Any Salary Deferrals made pursuant to an automatic deferral election will be treated as ▇▇▇▇ Deferrals. [This subsection (iii) may only be checked if ▇▇▇▇ Deferrals are permitted under AA §6A-5.] [Note: Any Salary Deferral Election (including an election not to defer under the Plan) made after the effective date of the automatic deferral provisions will override such automatic deferral provisions. See Section 6.04(b)(1)(iii) of the Plan for the application of this provision to rehired Employees.]
Appears in 1 contract
Sources: Volume Submitter Profit Sharing/401(k) Plan Adoption Agreement (Rayonier Advanced Materials Inc.)