Common use of Conditions Apply to Re-Hired Employees Clause in Contracts

Conditions Apply to Re-Hired Employees. If a Participant incurs a Separation from Service and subsequently is re-hired and resumes participation in the same Plan Year as the Separation from Service or in any subsequent Plan Year, the allocation conditions under this Section 3.06, if any, continue to apply to the re-hired Employee/Participant in the Plan Year in which he/she is re-hired, unless the Employer elects otherwise in Appendix B.

Conditions Apply to Re-Hired Employees. If a Participant incurs a Separation from Service and subsequently is re-hired re‑hired and resumes participation in the same Plan Year as the Separation from Service or in any subsequent Plan Year, the allocation conditions under this Section 3.06, if any, continue to apply to the re-hired re‑hired Employee/Participant in the Plan Year in which he/she is re-hiredre‑hired, unless the Employer elects otherwise in Appendix B.

Conditions Apply to Re-Hired Employees. If a Participant incurs a Separation from Service and subsequently is re-hired and resumes participation in the same Plan Year as the Separation from Service or in any subsequent Plan Year, the allocation conditions under this Section 3.06, if any, continue to apply to the re-hired Employee/Employee who is a Participant in the Plan Year in which he/she is re-hired, unless the Employer elects otherwise in Appendix B.B to its Adoption Agreement.