Common use of Apply Rules Described in Qualified Plan Clause in Contracts

Apply Rules Described in Qualified Plan. A Participant is vested in his Employer Matching Deferral Account under the Plan in the same manner and applying the same rules applicable to matching contributions made under the following qualified retirement plan maintained by the Employer:​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​ ​ ​​ ​​ ​​ ​​ ​​ ​​ ​ ​ o(B)Always 100% Vested. A Participant shall always have a non-forfeitable right to 100% of his Employer Matching Deferral Account. ​ x(C)

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan (C & F Financial Corp)

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Apply Rules Described in Qualified Plan. A Participant is vested in his Employer Matching Non-Elective Deferral Account under the Plan in the same manner and applying the same rules applicable to employer profit sharing or other non-matching contributions made under the following qualified retirement plan maintained by the Employer:​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​ ​ ​​ ​​ ​​ ​​ ​​ ​​ ​ ​ o(B)Always 100% Vested. A Participant shall always have a non-forfeitable right to 100% of his Employer Matching Non-Elective Deferral Account. ​ x(C)

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan (C & F Financial Corp)

Apply Rules Described in Qualified Plan. A Participant is vested in his Employer Matching Non-Elective Deferral Account under the Plan in the same manner and applying the same rules applicable to employer profit sharing or other non- matching contributions made under the following qualified retirement plan maintained by the Employer:​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​ ​ ​​ ​​ ​​ ​​ ​​ ​​ ​ ​ o(B)Always 100% Vested. A Participant shall always have a non-forfeitable right to 100% of his Employer Matching Deferral Account. ​ x(C)Employer: ¨

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan (American National Bankshares Inc.)

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Apply Rules Described in Qualified Plan. A Participant is vested in his Employer Matching Non-Elective Deferral Account under the Plan in the same manner and applying the same rules applicable to employer profit sharing or other non-matching contributions made under the following qualified retirement plan maintained by the Employer:​ ​​ ​401(k) Plan (as defined in the attachment​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​ ​ ​​ ​​ ​​ ​​ ​​ ​​ ​ ​ o(B)Always 100% Vested. A Participant shall always have a non-forfeitable right to 100% of his Employer Matching Non-Elective Deferral Account. ​ x(C)

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan (C & F Financial Corp)

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