AND FORFEITURES Sample Clauses
AND FORFEITURES. 8-1 CONTRIBUTIONS SUBJECT TO VESTING. Does the Plan provide for Employer Contributions under AA §6 or Matching Contributions under AA §6B that are subject to vesting? 🗹 Yes 🞎 No [If “No” is checked, skip to Section 9.] [Note: “Yes” should be checked under this AA §8-1 if the Plan provides for Employer Contributions and/or Matching Contributions that are subject to a vesting schedule, even if such contributions are always 100% vested under AA §8-2. “No” should be checked if the only contributions under the Plan are Salary Deferrals, and/or After-Tax Employee Contributions.] 8-2 VESTING SCHEDULE. The vesting schedule under the Plan is as follows for both Employer Contributions and Matching Contributions, to the extent authorized under AA §6 and AA §6B. (See Section 7.02 of the Plan for a description of the various vesting schedules under this AA §8-2.) 🗹 (a) Vesting schedule for Employer Contributions and Matching Contributions: 🗹 🞎 (1) Full and immediate vesting 🞎 🞎 (2) 3-year cliff vesting schedule 🞎 🞎 (3) 5-year graded vesting schedule 🞎 🞎 (4) 6-year graded vesting schedule 🞎 🞎 (5) Modified vesting schedule % after 1 Year of Service % after 2 Years of Service % after 3 Years of Service % after 4 Years of Service % after 5 Years of Service % after 6 Years of Service % after 7 Years of Service % after 8 Years of Service % after 9 Years of Service % after 10 Years of Service
(7) Describe additional modifications vesting schedule applicable to Matching Contributions:
AND FORFEITURES. The Restricted Period shall begin on the Grant Date, and end on the third anniversary thereof (the "Vesting Date"). As of the Vesting Date, the amount of such Restricted Stock which will vest will be determined by reference to the Company's TRS Percentile (as defined below) for the three-year period preceding such Vesting Date in accordance with the following schedule: ======================================================== ================== Company's TRS Percentile for Three-Year Period Prior to Shares Vested on Vesting Date Such Vesting Date -------------------------------------------------------- ------------------ 70% or Higher 10,500 Above 60% to 70% 8,400 Above 50% to 60% 6,300 Above 40% to 50% 4,200 40% and below 0 ======================================================= ==================
AND FORFEITURES. There are no elections required for Section Four.
AND FORFEITURES. Complete Parts A through B
AND FORFEITURES. Sample Document
AND FORFEITURES. 8-1 CONTRIBUTIONS SUBJECT TO VESTING. Does the Plan provide for Employer Contributions under AA §6 or Matching Contributions under AA §6B that are subject to vesting? 🗹 Yes 🞎 No [If “No” is checked, skip to Section 9.] [Note: “Yes” should be checked under this AA §8-1 if the Plan provides for Employer Contributions and/or Matching Contributions that are subject to a vesting schedule, even if such contributions are always 100% vested under AA §8-2. “No” should be checked if the only contributions under the Plan are Salary Deferrals, and/or After-Tax Employee Contributions.] 8-2 VESTING SCHEDULE. The vesting schedule under the Plan is as follows for both Employer Contributions and Matching Contributions, to the extent authorized under AA §6 and AA §6B. (See Section 7.02 of the Plan for a description of the various vesting schedules under this AA §8-2.) 🗹 (a) Vesting schedule for Employer Contributions and Matching Contributions: 🞎 🞎 (1) Full and immediate vesting 🞎 🗹 (2) 3-year cliff vesting schedule 🞎 🞎 (3) 5-year graded vesting schedule 🞎 🞎 (4) 6-year graded vesting schedule 🞎 🞎 (5) Modified vesting schedule
AND FORFEITURES. Requirements for Participants who are actively employed at the end of the Plan Year.