Common use of Allocation Accrual Requirements Clause in Contracts

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ¨ 1. Elapsed Time method. 21 §401(k) Plan AA #010 x 2. Hours of Service method. A Year of Service will be credited upon completion of the requirements below. A Year of Service for allocation accrual purposes cannot be less than 1 Hour of Service nor greater than 1,000 hours by operation of law. If left blank, the Plan will use 1,000 hours. Enter whole digit numbers only.

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ¨ 1. Elapsed Time method. 21 §401(k) Plan AA #010 x 2. Hours of Service method. A Year of Service will be credited upon completion of the requirements below. A Year of Service for allocation accrual purposes cannot be less than 1 Hour of Service nor greater than 1,000 hours by operation of law. If left blank, the Plan will use 1,000 hours. Enter whole digit numbers only. a. Active Participants:

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ¨ : 1. Elapsed Time time method. 21 §401(k) Plan AA #010 x . 2. Hours Hour of Service service method. A Year of Service will be credited upon completion to all Participants who are employed on the last day of the requirements below. A Plan Year or who have terminated with more than 500 Hours of Service for allocation accrual purposes cannot be less than 1 Hour of Service nor greater than 1,000 hours by operation of law. If left blank, the Plan will use 1,000 hours. Enter whole digit numbers onlyService.

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ¨ : 1. Elapsed Time method. 21 §401(k) Plan AA #010 x . 2. Hours of Service method. A Year of Service will be credited upon completion of the requirements below. A Year of Service for allocation accrual purposes cannot be less than 1 Hour of Service nor greater than 1,000 hours by operation of law. If left blank, the Plan will use 1,000 hours. Enter whole digit numbers only.

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ¨ : ( ) 1. Elapsed Time method. 21 §401(k. ( ) Plan AA #010 x 2. Hours Hour of Service method. A Year of Service will be credited upon completion to all Participants who are employed on the last day of the requirements below. A Plan Year or who have terminated with more than 500 Hours of Service for allocation accrual purposes cannot be less than 1 Hour of Service nor greater than 1,000 hours by operation of law. If left blank, the Plan will use 1,000 hours. Enter whole digit numbers onlyService.