For Vesting Purposes. Hours of Service under the Plan will be determined for all Employees on the basis of the method selected below:
For Vesting Purposes. The 12-consecutive month period during which an Employee is credited with 1000 (not more than 1,000) Hours of Service.
For Vesting Purposes. (Choose one)
For Vesting Purposes. The 12-consecutive month period during which an Employee is credited with 1000 (not more than 1,000) Hours of Service. Prototype Cash or Deferred Profit- Sharing Plan #001
For Vesting Purposes. (check one) o Elapsed Time Method
For Vesting Purposes. The 12-consecutive month period during which an Employee is credited with 1,000 (not more than 1,000) Hours of ----- Service. Regional Prototype Cash or Deferred Profit-Sharing Plan # 012
For Vesting Purposes. In the determination of Years of Service for purposes of computing a Participant's Vested Percentage, the twelve-consecutive month computation period shall be the Plan Year. If a Participant fails to complete 1,000 Hours of Service in either of the Plan Years which overlap the eligibility computation period in which he becomes a Participant, he shall nevertheless be credited with a Year of Service for determining his Vested Percentage. Notwithstanding the foregoing, for any short Plan Year, the determination of whether an Employee has completed a Year of Service for vesting purposes shall be made in accordance with Department of Labor regulation 2530.203-2(c). In the determination of a Participant's Vested Percentage, the following service shall be disregarded:
For Vesting Purposes. In the determination of a Participant's Vested Percentage, the following service shall be disregarded:
For Vesting Purposes. (Choose one) o (1) The 12-consecutive month period during which an Employee is credited with (not more than 1,000) Hours of Service. ý (2) Elapsed Time If no answer is specified, the Hours of Service method will be used. 4. ELIGIBILITY REQUIREMENTS (a) Service: o (i) The Plan shall have no service requirement. ý (ii) The Plan shall cover only Employees having completed at least one Year of Service. o (iii) The Plan shall cover only Employees having completed at least months (less than 12).
For Vesting Purposes. (check one) x Elapsed Time Method o Counting of Hours Method. A Year of Service for Vesting purposes is (max. 1,000) Hours of Service and a Break in Service for Vesting purposes is (max. 500) Hours of Service.
