MNI » Topics » SECTION 4. ENROLLMENT AND PARTICIPATION
This excerpt taken from the MNI DEF 14A filed Mar 28, 2008.
SECTION 4. ENROLLMENT AND PARTICIPATION
Participation Periods. While the Plan is in effect, there shall be four Participation Periods in each calendar year, consisting of the three-month
periods commencing on each January 1, April 1, July 1 and October 1.
Enrollment. Any individual who, on the date preceding the first day of a Participation Period, qualifies as an Eligible Employee may elect to become a
Participant in the Plan for such Participation Period by executing the enrollment form prescribed for this purpose by the Committee. The enrollment form shall be filed with the Company not later than the 10th working day prior to the commencement of
the Participation Period. Any enrollment forms and elections filed under the Plan in effect prior to July 1, 1998, shall continue to apply on and after such date, unless a new enrollment form is filed under Section 5.
Duration of Participation. Once enrolled, a Participant shall continue to participate in the Plan for each succeeding Participation Period until he or
she ceases to be an Eligible Employee, withdraws from the Plan or reaches the end of the Participation Period in which he or she discontinued contributions. A Participant who discontinued contributions under Section 5(d) or withdrew from the
Plan under Section 6(a) may again become a Participant, if he or she then is an Eligible Employee, by following the procedure described in Subsection (b) above.
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