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 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 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 Non-Elective Deferral Account. ​ x(C)

Appears in 1 contract

Samples: C & F Financial Corp

AutoNDA by SimpleDocs

Apply Rules Described in Qualified Plan. A Participant is vested in his Employer 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 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 Non-Elective Deferral Account. ​ x(C)

Appears in 1 contract

Samples: Adoption Agreement (C & F Financial Corp)

Apply Rules Described in Qualified Plan. A Participant is vested in his Employer Non-Elective Matching 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 Non-Elective Matching Deferral Account. ​ x(C)

Appears in 1 contract

Samples: C & F Financial Corp

AutoNDA by SimpleDocs

Apply Rules Described in Qualified Plan. A Participant is vested in his Employer 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 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 Non-Elective Deferral Account. ​ x(C)Employer:

Appears in 1 contract

Samples: Non Qualified Deferred (Atlantic Union Bankshares Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.