Common use of Eligibility Service Clause in Contracts

Eligibility Service. For the purpose of determining eligibility to participate in the Plan, an Employee will earn one year of Eligibility Service if he completes 1,000 Hours of Employment during a Computation Period. The Computation Period is merely a measurement period during which an Employee must earn 1,000 Hours of Employment in order to be credited with one year of Eligibility Service. There is no requirement that the entire 12-month Computation Period must elapse before the Employee may be credited with one year of Eligibility Service. Initially, an Employee's Computation Period is the 12-month period commencing on the date on which he first completes an Hour of Employment. If the Employee does not complete 1,000 Hours of Employment during the 12-month period commencing on the date on which he first completes an Hour of Employment, his Computation Period shall then shift to the Plan Year in which occurs the first anniversary of the date on which he first completes an Hour of Employment. Thereafter, the Employee's Computation Periods shall be succeeding Plan Years.

Eligibility Service. For the purpose of determining eligibility to participate in the Plan, an Employee will earn one year of Eligibility Service if he completes 1,000 Hours of Employment during a Computation Period. The Computation Period is merely a measurement period during which an Employee must earn 1,000 Hours of Employment in order to be credited with one year of Eligibility Service. There is no requirement that the entire 12-month Computation Period must elapse before the Employee may be credited with one year of Eligibility Service. Initially, an Employee's ’s Computation Period is the 12-month period commencing on the date on which he first completes an Hour of Employment. If the Employee does not complete 1,000 Hours of Employment during the 12-month period commencing on the date on which he first completes an Hour of Employment, his Computation Period shall then shift to the Plan Year in which occurs the first anniversary of the date on which he first completes an Hour of Employment. Thereafter, the Employee's ’s Computation Periods shall be succeeding Plan Years.