Common use of COMPENSATION TAKEN INTO ACCOUNT Clause in Contracts

COMPENSATION TAKEN INTO ACCOUNT. If you wish to count a participant's full year's compensation (even if he or she entered during the year), for contributions choose option (a), if not, choose option (b). Accrual Requirements - Specify the service requirements a participant must satisfy to receive an allocation. You may specify an hours of service requirement, waive the service requirement for specific contributions and/or require the participant to be employed on the last day to receive a contribution.

Appears in 12 contracts

Samples: Adoption Agreement (Invesco Money Market Funds Inc), Adoption Agreement (Invesco Industrial Income Fund Inc), Adoption Agreement (Invesco Emerging Opportunity Funds Inc)

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