Common use of Former Employees Clause in Contracts

Former Employees. All Employees terminating service with the Employer during the Plan Year and who have satisfied the eligibility requirements based on the terms of the Employer's accumulated benefits plans checked below (select all that apply; leave blank if no exclusions): a. [ ] The Former Employee must be at least age (e.g., 55) b. [ ] The value of the sick and/or vacation leave must be at least $ (e.g., $2,000) c. [ ] A contribution will only be made if the total hours is over (e.g., 10) hours d. [ ] A contribution will not be made for hours in excess of (e.g., 40) hours

Appears in 10 contracts

Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement

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Former Employees. All Employees terminating service with the Employer during the Plan Year and who have satisfied the eligibility requirements based on the terms of the Employer's accumulated benefits plans checked below (select choose all that apply; leave blank if no exclusions): a. i. [ ] The Former Employee must be at least age (e.g., 55) b. ii. [ ] The value of the sick and/or vacation unused accumulated leave must be at least $ (e.g., $2,000) c. iii. [ ] A contribution will only be made if the total hours is over (e.g., 10) hours d. iv. [ ] A contribution will not be made for hours in excess of (e.g., 40) hours

Appears in 6 contracts

Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement

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Former Employees. All Employees terminating service Service with the Employer during the Plan Year and who have satisfied the eligibility requirements based on the terms of the Employer's ’s accumulated benefits plans checked below (select all that applyChoose one or more of i. though iv.; leave blank if no exclusions.): a. [ ] i. The Former former Employee must be at least age (e.g., 55) b. [ ] ii. The value of the sick and/or vacation unused accumulated leave must be at least $ (e.g., $2,000) c. [ ] iii. A contribution will only be made if the total hours is over (e.g., 10) 10 hours) d. [ ] iv. A contribution will not be made for hours in excess of (e.g., 40) 40 hours)

Appears in 3 contracts

Samples: 403(b) Volume Submitter Plan Adoption Agreement, 403(b) Volume Submitter Plan Adoption Agreement, 403(b) Volume Submitter Plan Adoption Agreement

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