FORFEITURE OCCURS. A Participant's forfeiture, if any, of his Accrued Benefit derived from Employer contributions occurs under the Plan on the earlier of:
(a) The last day of the vesting computation period in which the Participant first incurs a Forfeiture Break in Service; or
(b) The date the Participant receives a cash-out distribution. The Advisory Committee determines the percentage of a Participant's Accrued Benefit forfeiture, if any, under this Section 5.09 solely by reference to the vesting schedule of Section 5.03. A Participant does not forfeit any portion of his Accrued Benefit for any other reason or cause except as expressly provided by this Section 5.09 or as provided under Section 9.14. * * * * * * * * * * * * * * *
FORFEITURE OCCURS. A Participant's forfeiture of his/her non-Vested Account Balance derived from Employer contributions occurs under the Plan on the earlier of:
(a) The last day of the vesting computation period in which the Participant first incurs a Forfeiture Break in Service; or
(b) The date the Participant receives a cash-out distribution. The Plan Administrator determines the percentage of a Participant's Account Balance forfeiture, if any, under this Section 5.09 solely by reference to the vesting schedule the Employer elected in its Adoption Agreement. A Participant does not forfeit any portion of his/her Account Balance for any other reason or cause except as expressly provided by this Section 5.09 or as provided under Section 9.11.
FORFEITURE OCCURS. A Participant's forfeiture, if any, of his Accrued Benefit derived from Employer contributions occurs under the Plan on the earlier of:
(a) The last day of the Plan Year in which the Participant first incurs a Forfeiture Break in Service; or
(b) The last day of the Plan Year in which occurs the date the Participant receives a Cash-Out Distribution. The Plan determines the percentage of a Participant's Accrued Benefit forfeiture, if any, under this Section 5.07 solely by reference to the vesting schedule of Section 5.03. A Participant shall not forfeit any portion of his Accrued Benefit for any other reason or cause except as expressly provided by this Section 5.07 or as provided under Section 6.06. * * * * * * * * * * * * * * *
FORFEITURE OCCURS. A Participant's forfeiture, if any, of his Accrued Benefit derived from Employer contributions occurs under the Plan on the earlier of:
(a) The last day of the vesting computation period in which the Participant first incurs a Forfeiture Break in Service; or
(b) The date the Participant receives a cash-out distribution. The Advisory Committee determines the percentage of a Participant's Accrued Benefit forfeiture, if any, under this Section 5.09 solely by reference to the vesting schedule of Section 5.03. A Participant does not
FORFEITURE OCCURS. Except for a Forfeiture under Section 9.14, a Forfeiture, if any, of a Participant’s Accrued Benefit derived from Employer Contributions occurs under the Plan as of the earlier of (a) the date the Participant receives a cash out distribution, as such term is defined in the following sentence, and (b) the last day of the calendar quarter immediately following the calendar quarter in which such Participant terminates employment as an Employee with the Employer. A “cash out distribution” is a distribution of a Participant’s entire Nonforfeitable Accrued Benefit under the Plan. If the Trustee forfeits a lost Participant’s Accrued Benefit under Section 9.14(b), such Forfeiture occurs as of the date the Trustee makes the Forfeiture as provided in Section 9.14. The Trustee shall determine the percentage of a Participant’s Forfeiture, if any, under this Section 5.4 solely by reference to the vesting schedule of Section 5.3. A Participant will not forfeit any portion of his or her Accrued Benefit for any other reason or cause except as expressly provided by this Section 5.4 or as provided under Section 9.14.
FORFEITURE OCCURS. The nonvested portion of a Participant's Account shall be forfeited on the last day of the Plan Year when the Participant incurs five consecutive one-year Breaks in Service.
FORFEITURE OCCURS. A Participant's forfeiture, if any, of his ----------------- Account Balance derived from Employer contributions occurs under the Plan on the earlier of:
(a) The last day of the vesting computation period in which the Participant first incurs a Forfeiture Break in Service; or
(b) The distribution of the entire vested portion of the Participant's Account.
FORFEITURE OCCURS. A Participant's forfeiture, if any, of his Account Balance derived from Employer contributions occurs under the Plan on the earlier of:
(a) The last day of the Plan Year in which the Participant first incurs a Forfeiture Break in Service; or,
(b) The date the Participant receives a cash-out distribution. The Advisory Committee determines the percentage of a Participant's Account Balance forfeiture, if any, under this Section 5.09 solely by reference to the vesting schedule of Section 5.03. A Participant will not forfeit any portion of his Account Balance for any other reason or cause except as expressly provided by this Section 5.09 or as provided under Section 9.14.
FORFEITURE OCCURS. A Participant's forfeiture, if any, of his Accrued Benefit derived from Employer contributions occurs under the Plan on the earlier of:
FORFEITURE OCCURS. A Participant's forfeiture, if any, of his Accrued Benefit derived from Employer contributions occurs under the Plan on the earlier of:
A. The last day of the Plan Year in which the Participant first incurs a Forfeiture Break in Service; or
B. The date the Participant receives a cash-out distribution. The Advisory Committee determines the percentage of a Participant's Accrued Benefit forfeiture, if any, under this Section 5.09 solely by reference to the vesting schedule of Section 5.03. A Participant does not forfeit any portion of his Accrued Benefit for any other reason or cause except as expressly provided by this Section 5.09 or as provided under Section 9.14.
