Common use of Effective Date for Vesting of Matching Contributions Clause in Contracts

Effective Date for Vesting of Matching Contributions. If a vesting schedule was selected in (2)(a)(ii) above, the EGTRRA vesting schedule: (i) for Active Participants as of the first day of the 2002 Plan Year (select one): ¨ (A) applied to Matching Contributions allocated for Plan Years beginning after December 31, 2001. þ (B) applied to all Matching Contributions, including Matching Contributions accrued prior to the Plan Year beginning after December 31, 2001. (ii) for a Participant who does not have an Hour of Service in a Plan Year beginning after 2001, (select one): þ (A) shall not apply to Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002. ¨ (B) shall apply to all Matching Contributions, including Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP)

AutoNDA by SimpleDocs

Effective Date for Vesting of Matching Contributions. If a vesting schedule was selected in (2)(a)(ii) above, the EGTRRA vesting schedule: (i) for Active Participants as of the first day of the 2002 Plan Year (select one): ¨ (A) applied to Matching Contributions allocated for Plan Years beginning after December 31, 2001. þ ¨ (B) applied to all Matching Contributions, including Matching Contributions accrued prior to the Plan Year beginning after December 31, 2001. (ii) for a Participant who does not have an Hour of Service in a Plan Year beginning after 2001, (select one): þ ¨ (A) shall not apply to Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002. ¨ (B) shall apply to all Matching Contributions, including Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)

Effective Date for Vesting of Matching Contributions. If a vesting schedule was selected in (2)(a)(ii) above, the EGTRRA vesting schedule: (i) for Active Participants as of the first day of the 2002 Plan Year (select one): ¨ ): (A) applied to Matching Contributions allocated for Plan Years beginning after December 31, 2001. þ . (B) applied to all Matching Contributions, including Matching Contributions accrued prior to the Plan Year beginning after December 31, 2001. (ii) for a Participant who does not have an Hour of Service in a Plan Year beginning after 2001, (select one): þ ): (A) shall not apply to Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002. ¨ . (B) shall apply to all Matching Contributions, including Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002.

Appears in 1 contract

Samples: Defined Contribution Plan and Trust (Triad Guaranty Inc)

Effective Date for Vesting of Matching Contributions. If a vesting schedule was selected in (2)(a)(ii) above, the EGTRRA vesting schedule: (i) for Active Participants as of the first day of the 2002 Plan Year (select one): ¨ (A) applied to Matching Contributions allocated for Plan Years beginning after December 31, 2001. þ ¨ (B) applied to all Matching Contributions, including Matching Contributions accrued prior to the Plan Year beginning after December 31, 2001. (ii) for a Participant who does not have an Hour of Service in a Plan Year beginning after 2001, 2001 (select one): þ ¨ (A) shall not apply to Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002. ¨ (B) shall apply to all Matching Contributions, including Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002.

Appears in 1 contract

Samples: Adoption Agreement (Books a Million Inc)

AutoNDA by SimpleDocs

Effective Date for Vesting of Matching Contributions. If a vesting schedule was selected in (2)(a)(ii) above, the EGTRRA vesting schedule: (i) for Active Participants as of the first day of the 2002 Plan Year (select one): ¨ o (A) applied to Matching Contributions allocated for Plan Years beginning after December 31, 2001. þ o (B) applied to all Matching Contributions, including Matching Contributions accrued prior to the Plan Year beginning after December 31, 2001. (ii) for a Participant who does not have an Hour of Service in a Plan Year beginning after 2001, (select one): þ o (A) shall not apply to Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002. ¨ o (B) shall apply to all Matching Contributions, including Matching Contributions allocated or accrued in Plan Years beginning before the first day of the Plan Year beginning in 2002.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!