Common use of EGTRRA Vesting Clause in Contracts

EGTRRA Vesting. I. The Employer understands that if the vesting schedule elected in Section XI of the Adoption Agreement does not satisfy the requirements of the Internal Revenue Code, as amended by EGTRRA with respect to Employer matching contributions (including supplemental (Formula 1) contributions), then effective January 1, 2002, such contributions shall vest under vesting schedule ____ (Insert the number of the vesting schedule you wish to elect as provided in Section XI A. of the Adoption Agreement. Note: you may not elect vesting schedule 3 or vesting schedule 6 under this Section XI E.)

EGTRRA Vesting. I. 1. The Employer understands that if the vesting schedule elected in Section Sec XI of the Adoption Agreement does not satisfy the requirements of the Internal Revenue Code, as amended by EGTRRA with respect to Employer matching contributions (including supplemental (Formula 1) contributions), then effective January 1, 2002, such contributions shall vest under vesting schedule _____ (Insert the number of the vesting schedule you wish to elect as provided in Section XI A. of the Adoption Agreement. Note: you may not elect vesting schedule 3 or vesting schedule 6 under this Section XI E.)

EGTRRA Vesting. I. 1. The Employer understands that if the vesting schedule elected in Section XI of the Adoption Agreement does not satisfy the requirements of the Internal Revenue Code, as amended by EGTRRA with respect to Employer matching contributions (including supplemental (Formula 1) contributions), then effective January 1, 2002, such contributions shall vest under vesting schedule _______ (Insert the number of the vesting schedule you wish to elect as provided in Section XI A. of the Adoption Agreement. Note: you may not elect vesting schedule 3 or vesting schedule 6 under this Section XI E.)

EGTRRA Vesting. I. 1. The Employer understands that if the vesting schedule elected in Section XI of the Adoption Agreement does not satisfy the requirements of the Internal Revenue Code, as amended by EGTRRA with respect to Employer matching contributions (including supplemental (Formula 1) contributions), then effective January 1, 2002, such contributions shall vest under vesting schedule ________ (Insert the number of the vesting schedule you wish to elect as provided in Section XI A. of the Adoption Agreement. Note: you may not elect vesting schedule 3 or vesting schedule 6 under this Section XI E.)

EGTRRA Vesting. I. 1. The Employer understands that if the vesting schedule elected in Section XI of the Adoption Agreement does not satisfy the requirements of the Internal Revenue Code, as amended by EGTRRA with respect to Employer matching contributions (including supplemental (Formula 1) contributions), then effective January 1, 2002, such contributions shall vest under vesting schedule ____ (Insert the number of the vesting schedule you wish to elect as provided in Section XI A. of the Adoption Agreement. Note: you may not elect vesting schedule 3 or vesting schedule 6 under this Section XI E.)