Date for Reallocation. NOTE: If no distribution has been made to a former Participant, sub-section (I) below will apply to such participant even if the Employer elects (ii) or (iii) below as its normal administrative policy. (i) Forfeitures shall be reallocated at the end of the Plan Year during which the former Participant incurs his or her fifth consecutive one year Break in Service. (ii) Forfeitures will be reallocated immediately (as of the next Valuation Date). [X] (iii) Forfeitures will be reallocated as of the end of the Plan Year in which the Participant separates from service.
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Date for Reallocation. NOTE: If no distribution has been made to a former Participant, sub-section (Ii) below will apply to such participant Participant even if the Employer elects (ii), (iii) or (iiiiv) below as its normal administrative policy.
(i) Forfeitures shall be reallocated at the end of the Plan Year during which the former Participant incurs his or her fifth consecutive one year Break in In Service.
. [ ] (ii) Forfeitures will be reallocated immediately (as of the next Valuation Date). [X] (iii) Forfeitures will be reallocated as of the end of the Plan Year in which the Participant separates from service.[ ]
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Date for Reallocation. NOTE: If no distribution has been made to a former Participant, sub-section (Ii) below will apply to such participant Participant even if the Employer elects (ii) or (iii) below as its normal administrative policy.
(i) Forfeitures shall be reallocated at the end of the Plan Year during which the former Participant incurs his or her fifth consecutive one year Break in Service.
. [ ] (ii) Forfeitures will be reallocated immediately (as of the next Valuation Date). [X] (iii) Forfeitures will be reallocated as of the end of the Plan Year in which the Participant separates from service.[ ]
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Samples: Adoption Agreement (Professionals Insurance Co Management Group)
Date for Reallocation. NOTE: If no distribution has been made to a former Participant, sub-section (Ii) below will apply to such participant Participant even if the Employer elects (ii) or (iii) below as its normal administrative policy.
. o (i) Forfeitures Forfeiture shall be reallocated at the end of the Plan Year during which the former Participant incurs his or her fifth consecutive one year Break in In Service.
(ii) Forfeitures will be reallocated immediately (as of the next Valuation Date). [X] (iii) Forfeitures will be reallocated as of the end of the Plan Year in which the Participant separates from service.o
Appears in 1 contract
Samples: Non Standardized Adoption Agreement (East West Bancorp Inc)
