Employer Accounts. In-service distributions from Employer Accounts will be allowed as follows: [Check applicable box(es).]
Employer Accounts. If an Employer wishes to implement EvoShare without their Retirement Service Provider being an EvoShare Partner, EvoShare would charge the Employer the fee agreed upon subscription If an Employer’s Retirement Service Provider is an EvoShare Partner, the employer is subject to the fee structure, if applicable, that has been established between EvoShare and the EvoShare Partner. Employer Accounts are subject to approval by EvoShare. EvoShare has sole discretion in choosing whether or not to approve an Employer registration. Companies who desire to have or already have an employer sponsored retirement program for employees (“Employer”) may apply for registration to use EvoShare’s services (“Services”). By submitting an application to participate in the Services, you represent and warrant that you: 1) have the right to enter into and perform this agreement with EvoShare including, but not limited to, the consent of the Employer to use its name and/or logo, and 2) that the information in your application is true, complete and current. By participating in the Services, you grant EvoShare a worldwide right to: 1) display your listing on our Website; 2) promote your organization or company as part of the Services online, in print and any other media; and 3) display your trademark, logo, slogans and other source or business identifiers in promotion of your company or organization. If an Employer terminates its customer relationship with an EvoShare Partner and their new Retirement Service Provider is not an EvoShare Partner, the Employer would be required to pay EvoShare’s onboarding and monthly fees, or terminate the relationship with EvoShare. Employers may terminate their relationship with EvoShare and our right to use their name and logo at any time by providing EvoShare with a written notice and EvoShare will cease all use within a 30-day period. EvoShare acknowledges that you retain all right, title, and interest in and to your name and logo and reserves all rights not expressly granted. Employers may promote their participation in the service by displaying the EvoShare trademark, logo, slogan and other source or business identifiers. EvoShare may terminate this Agreement or remove their listing from the Website and Services at any time for any reason. Upon receipt of written notice of termination from EvoShare, the Employer must promptly remove any source or business identifiers of EvoShare and disable the links from their website to the Services. Employees ...
Employer Accounts. ( ) a. At the rate of 20% each year after 3 Years of Service. (20% vested in third year) ( ) b. At the rate of 20% each year after 2 Years of Service. (20% vested in second year) ( ) c. 100% vesting upon participation. (X) d. 100% vesting after 5 Year(s) of Service (Not to exceed 5) (X) e. 100% vesting at Early Retirement Date (Must also select another alternative) ( ) f. Other: (Optional vesting schedule must be at least as favorable as a. or d.) Year(s) of Service Percent Vesting Less than 1 ---------- 1 but less than 2 ---------- 2 but less than 3 ---------- 3 but less than 4 ---------- 4 but less than 5 ---------- 5 but less than 6 ---------- 6 but less than 7 ---------- 7 or More ---------- ( ) g. Not applicable - No Non-Elective Employer Contributions
Employer Accounts. ( ) a. Plan Provision ( ) b. 100% vested after ____ Year(s) of Service (Not to exceed 3) (X) c. Same as non-Top Heavy vesting schedule (Must be at least as favorable as a or b) ( ) d. Other: (Optional vesting schedule must be at least as favorable as a. or b.)
Employer Accounts. ( ) a. At the rate of 20% each year after 3 Years of Service. (20% vested in third year) (X) b. At the rate of 20% each year after 2 Years of Service. (20% vested in second year)
Employer Accounts. In-service distributions from Employer Accounts will be allowed as follows: [Check applicable box(es).] a. [_] STANDARD: No distributions before separation from service.
Employer Accounts. In-service distributions from Employer Accounts will be allowed as follows: [Check applicable box (es)] a. [ ] STANDARD: no distributions before separation from service. b. [x] for a. financial hardship under the safe harbor tests. [Sec Section 9.2(b)(3).] c. [x] under other circumstances. [Attach appropriate addendum IX.C.3.c.] 4. Qualified Nonelective and Qualified Matching Accounts. In-service distributions from Qualified Nonelective and Qualified Matching Accounts will be allowed as follows: [Check applicable box (es)] a. [x] STANDARD: no distributions before separation from service. b. [ ] for financial hardship [See Section 9.2 (b)(3).] 5.
Employer Accounts. An Employer's contributions to the Trust shall be credited to the Employer's Account. Also, each Employer's Account will be credited with its proportionate share of Trust earnings (as of each December 31 or such other valuation date as determined by the Trustee) based on the average amount of moneys in such Account throughout the valuation period. An Employer's Account will be debited with its proportionate share of general Trust expenses based on the average amount of moneys in such Account throughout the expense period (or such other method as determined by the Trustee to be a reasonably equitable method of allocating general Trust expenses). An Employer's Account will also be debited with expenses specifically allocable to that Account, such as the payment of Benefits arising from employment with that Employer.
Employer Accounts. ( ) a. Plan Provision ( ) b. 100% vested after ____ Year(s) of Service (Not to exceed 3)
Employer Accounts. The Employer Deferral Account shall be subdivided ----------------- into three subaccounts:
