Common use of Hours of Service Formula Clause in Contracts

Hours of Service Formula. The Employer’s contribution shall be a discretionary amount allocated in the same dollar amount to each eligible Participant based on each Hour of Service performed or each day that the Participant is entitled to Compensation.

Appears in 12 contracts

Samples: Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (First Northwest Bancorp), Nonstandardized Adoption Agreement (1st Constitution Bancorp)

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Hours of Service Formula. The Employer’s 's contribution shall be a discretionary amount allocated in the same dollar amount to each eligible Participant based on each Hour of Service performed or each day that the Participant is entitled to Compensation.

Appears in 1 contract

Samples: Adoption Agreement for Cash or Deferred Profit Sharing Plan (BBCN Bancorp Inc)

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