Graduated Vesting Schedules Sample Clauses
Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Year of Nonforfeitable Year of Nonforfeitable Service Percentage Service Percentage Less than 1 ________ Less than 1 ________ 1 ________ 1 ________ 2 ________ 2 ________ 3 ________ 3 ________
Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage Less than 1 % Less than 1 % -- -- 1 % 1 % -- -- 2 % 2 % -- -- 3 % 3 % -- -- 4 % 4 % -- -- 5 % 5 % -- -- 6 or more 100% 6 % -- 7 or more 100%
Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percengage Service Percentage -------------------------------------------------------------------------------- Less than 1 ----- Less than 1 ----- 1 ----- 1 ----- 2 ----- 2 ----- 3 ----- 3 ----- 4 ----- 4 ----- 5 ----- 5 ----- 6 or more 100% 6 ----- 7 or more -----
Graduated Vesting Schedules. (Choose (1), (2) or (3))
Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional)
Graduated Vesting Schedules. TOP HEAVY SCHEDULE NON TOP HEAVY SCHEDULE (MANDATORY) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage -------- ------------- --------- -------------- Less than 1....................... 0% Less than 1.................... % 1....................... 0% 1.................... % 2....................... 20% 2.................... % 3....................... 40% 3.................... % 4....................... 60% 4.................... % 5....................... 80% 5.................... % 6 or more...............100% 6.................... % 7 or more......... 100% [ ] (c) Special vesting election for Regular Matching Contributions Account. In lieu of the election under Options (a) or (b), the Employer elects the following vesting schedule for a Participant's Regular Matching Contributions Account: (Choose (1) or (2)) [ ] (1) 100% Nonforfeitable at all times.
Graduated Vesting Schedules. Top Heavy Schedule Non Top Heavy Schedule (Mandatory) (Optional) Years of Nonforfeitable Years of Nonforfeitable Service Percentage Service Percentage ----------- ---------------- ----------- ----------------- Less than 1 0% Less than 1 0% 1 20% 1 20% 2 40% 2 40% 3 60% 3 60% 4 80% 4 80% 5 100% 5 100% 6 or more 100% 6 100% 7 or more 100% [N/A] (c) Special vesting election for Regular Matching Contributions Account. In lieu of the election under Options (a) or (b), the Employer elects the following vesting schedule for a Participant's Regular Matching Contributions Account: (Choose (1) or (2))
(1) 100% Nonforfeitable at all times.
(2) In accordance with the vesting schedule described in the addendum to this Adoption Agreement, numbered 5.03