Common use of Equivalency or Elapsed Time Clause in Contracts

Equivalency or Elapsed Time. If the Employer in its Adoption Agreement elects to apply the Equivalency Method or the Elapsed Time Method in applying the Plan's eligibility Service condition, the Plan Administrator will credit Service in accordance with Sections 1.31(A)(2) and (3).

Appears in 2 contracts

Samples: Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Finisar Corp)

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Equivalency or Elapsed Time. If the Employer in its Adoption Agreement elects to apply the Equivalency Method or the Elapsed Time Method in applying the Plan's eligibility Service condition, the Plan Administrator will credit Service in accordance with Sections 1.31(A)(21.32(A)(2) and (3).

Appears in 1 contract

Samples: Plan and Trust Agreement (Bob Evans Farms Inc)

Equivalency or Elapsed Time. If the Employer in its Adoption Agreement elects to apply the Equivalency Method or the Elapsed Time Method in applying the Plan's ’s eligibility Service condition, the Plan Administrator will credit Service in accordance with Sections 1.31(A)(2) and (3).

Appears in 1 contract

Samples: Adoption Agreement (Knowles Corp)

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Equivalency or Elapsed Time. If the Employer in its Adoption Agreement elects to apply the Equivalency Method or the Elapsed Time Method in applying the Plan's ’s eligibility Service condition, the Plan Administrator will credit Service in accordance with Sections 1.31(A)(21.40(D)(2) and (3).

Appears in 1 contract

Samples: willamette.edu

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