One year definition

One year means the three hundred sixty-five (365) days that follow the acts at issue.
One year means two thousand eighty hours when referring to operating experience. This is equal to forty hours per week for fifty-two weeks. When referring to educational experience one year shall constitute at least four hundred fifty hours of applicable course work.

Examples of One year in a sentence

  • If any or all of the vested portion of a Participant's Accounts is distributed in accordance with Section 9.1 or 9.2 before the Participant incurs five consecutive One-Year Vesting Breaks, the nonvested portion of his Accounts shall become a Forfeiture in the Plan Year in which the distribution occurs.

  • If a Participant ceases to be a member of a classification of Employees eligible to participate in the Plan, but does not incur a One-Year Eligibility Break, he will continue to be credited with Years of Service for vesting while he remains an Employee, and he will resume participation as of the date on which he again becomes a member of a classification of Employees eligible to participate in the Plan.

  • Hours credited under this paragraph shall be treated as Hours of Service only in the Plan Year or Eligibility Period or both, as the case may be, in which the absence from work begins, if necessary to prevent the Participant's incurring a One-Year Vesting Break or One-Year Eligibility Break in that period, or, if not, in the period immediately following that in which the absence begins.

  • If an Employee is deemed to receive a distribution pursuant to this Section 8.3, and he resumes employment covered under this Plan before the date he incurs five consecutive One-Year Vesting Breaks, upon his reemployment the Employer-derived account balance of the Employee will be restored to the amount on the date of such deemed distribution.

  • If such a Participant incurs a One-Year Eligibility Break, Section 3.3 will apply.


More Definitions of One year

One year means for at least one year immediately prior to application for certification:
One year means 365 calendar days as required in federal regulations. “Pneumatic gun” means any implement, designed as a gun, that will expel a BB
One year means the business isin business,” “independent,” “owned,” and “controlled” by the same fifty-one percent eligible owner(s) who are full-time resident(s) of the state of Ohio or a reciprocal state (if certified pursuant to section 123.154(D) of the Revised Code) and United States citizen(s) for at least twelve months immediately prior to application for certification.
One year means 365 days except, in the case of an instrument that w as originally issued as a one year instrument, but had up to 375 days until maturity, one year shall mean 375 days.
One year. MTA: The twelve-month moving average monthly yield on United States Treasury Securities adjusted to a constant maturity of one year as published by the Federal Reserve Board in the Federal Reserve Statistical Release "Selected Interest Rates (H.15)," determined by averaging the monthly yields for the most recently available twelve months.
One year s growth" means the growth of a plant during all growing seasons of any calendar year.
One year s salary” means the emoluments which would be taken for the purpose of computing any allowance or gratuity, or in the case of an officer holding a pensionable office who has exercised an option mentioned in section 6(3) any pension, which may be granted to the officer if he had retired at the date of his death in the circumstances described in section 11(2)(c);