Common use of DETERMINING THE VESTED PORTION Clause in Contracts

DETERMINING THE VESTED PORTION. In determining the Vested portion of a Participant's Individual Account, the following rules apply: 1. Employer Contributions and Forfeitures - The Vested portion of a Participant's Individual Account derived from Employer Contributions and Forfeitures is determined by applying the vesting schedule selected in the Adoption Agreement (or the vesting schedule described in Section 6.01(C) if the Plan is a Top-Heavy Plan). 2. Rollover and Transfer Contributions - A Participant is fully Vested in his or her rollover contributions and transfer contributions.