Common use of Immediate Vesting upon Specified Events Clause in Contracts

Immediate Vesting upon Specified Events. A Participant’s entire Accrued Benefit is 100% Vested without regard to Years of Service if the Participant’s Separation from Service with the Employer on or following or as a result of (choose (a) or choose one or more of (b) – (e)):

Appears in 5 contracts

Samples: Supplemental Executive Retirement Plan Adoption Agreement (Landstar System Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc)

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Immediate Vesting upon Specified Events. A Participant’s entire Accrued applicable Benefit is 100% Vested without regard to Years of Service if the Participant’s Separation from Service with the Employer on or following or as a result of follows: (choose (a) or choose one or more of (b) (e)):

Appears in 1 contract

Samples: Deferred Compensation Plan Adoption Agreement (South Plains Financial, Inc.)

Immediate Vesting upon Specified Events. A Participant’s 's entire Accrued Benefit is 100% Vested without regard to Years of Service if the Participant’s 's Separation from Service with the Employer on or following or as a result of (choose (aof(choose(a) or choose one or more of (bof(b) – (e-(e)): (a) Not Applicable.

Appears in 1 contract

Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (Dentsply International Inc /De/)

Immediate Vesting upon Specified Events. A Participant’s 's entire Accrued Benefit is 100% Vested without regard to Years of Service if the Participant’s 's Separation from Service with the Employer on or following or as a result of (choose (a) or choose one or more of (b) – (e)):): [X] (a) Not Applicable.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Adoption Agreement (DNB Financial Corp /Pa/)

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Immediate Vesting upon Specified Events. A Participant’s entire Accrued applicable Benefit is 100% Vested without regard to Years of Service if the Participant’s Separation from Service with the Employer on or following or as a result of follows: (choose (a) or choose one or more of (b) – (e)): (a) Not Applicable.

Appears in 1 contract

Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (South Plains Financial, Inc.)

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