Common use of Hourly Records Clause in Contracts

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 6 contracts

Samples: Prototype Defined Contribution Plan Adoption Agreement (Tca Cable Tv Inc), Prototype Defined Contribution Plan Adoption Agreement (MSC Industrial Direct Co Inc), 401(k) Plan Adoption Agreement (Bertuccis of White Marsh Inc)

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Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): [X] (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 4 contracts

Samples: 401(k) Plan Adoption Agreement (Pennfed Financial Services Inc), Prototype Defined Contribution Plan Adoption Agreement (Samuels Jewelers Inc), 401(k) Plan Adoption Agreement (Gadzooks Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if under Section 1.51 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: Defined Contribution Plan and Trust (Triad Guaranty Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . o o (b) an Employee shall be credited with 45 Hours of Service if under Section 1.51 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . [X] (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: Prototype Defined Contribution Plan Adoption Agreement (Innerdyne Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Seitel Inc)

Hourly Records. For the purpose of determining Hours of Service under -------------- the hourly record method (select one): ): [X] (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: Prototype Defined Contribution Plan Adoption Agreement (Prentiss Properties Trust/Md)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . [X] (b) an Employee shall be credited with 45 Hours hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: Defined Contribution Plan (Innerdyne Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . ¨ ¨ (b) an Employee shall be credited with 45 Hours of Service if under Section 1.51 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): /X/ (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . / / (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Childrens Place Retail Stores Inc)

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Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): [x] (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . [ ] (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.. G. "INTEGRATION LEVEL" [x]

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Republic Banking Corp of Florida)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . ¨ ¨ (b) an Employee shall be credited with 45 Hours of Service if under Section 1.52 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: Adoption Agreement (Aecom)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if under Section 1.51 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.,

Appears in 1 contract

Samples: Adoption Agreement (Books a Million Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): / / (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . / / (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: Prototype Defined Contribution Plan Adoption Agreement (Labor Ready Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . / / (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Sterling Financial Corp /Wa/)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b. / /(b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Samples: Prototype Defined Contribution Plan Adoption Agreement (Media 100 Inc)

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