NDC Plan Agreement

NDC Plan Agreement. The agreement between the Employer and a Participant in the form prescribed by the Employer and which evidences the Participant's participation in the NDC Plan and Deferral Election. The NDC Plan Agreement must be timely executed by the Participant as condition of participation in the NDC Plan. A Participant may have more than one NDC Plan Agreement in effect at any time. NDC Plan Agreements may differ between Participants or with respect to a particular Participant.