Common use of Equivalency Method Clause in Contracts

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes b. [ ] the following purposes (select one or more): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and contributions Such method will apply to:

Appears in 5 contracts

Samples: Multiple Employer Participation Agreement, Multiple Employer Participation Agreement, Multiple Employer Participation Agreement

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Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes b. [ ] the following purposes (select one or more): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and sharing in allocations or contributions Such method will apply to:

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes b. [ ] the following purposes (select one or more): ): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and contributions Such method will apply to:

Appears in 1 contract

Samples: Adoption Agreement for Volume Submitter 401(k) Profit Sharing Plan

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes a. [ ] all purposes b. [ ] the following purposes (select one or more): ): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and contributions Such method will apply to:

Appears in 1 contract

Samples: Adoption Agreement

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Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ [X] all purposes b. [ ] the following purposes (select one or more): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and sharing in allocations or contributions Such method will apply to:

Appears in 1 contract

Samples: Egtrra Adoption Agreement

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes b. [ ] the following purposes (select one or more): 1. [ ] eligibility to participate participate 2. [ ] vesting 3. [ ] allocations, distributions and contributions Such method will apply to:

Appears in 1 contract

Samples: Adoption Agreement

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