Common use of INCLUDED YEARS OF SERVICE - VESTING Clause in Contracts

INCLUDED YEARS OF SERVICE - VESTING. The Employer specifically ----------------------------------- excludes the following Years of Service: (Choose (a) or at least one of (b) through (e)) [ ] (a) None other than as specified in Section 5.08(a) of the Plan. [ ] (b) Any Year of Service before the Participant attained the age of ____. Note: The age selected may not exceed age 18.] [ ] (c) Any Year of Service during the period the Employer did not maintain this Plan or a predecessor plan. [X] (d) Any Year of Service before a Break in Service if the number of consecutive Breaks in Service equals or exceeds the greater of 5 or the aggregate number of the Years of Service prior to the Break. This exception applies only if the Participant is 0% vested in his Accrued Benefit derived from Employer contributions at the time he has a Break in Service. Furthermore, the aggregate number of Years of Service before a Break in Service do not include any Years of Service not required to be taken into account under this exception by reason of any prior Break in Service.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Global Imaging Systems Inc)

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INCLUDED YEARS OF SERVICE - VESTING. The Employer specifically ----------------------------------- excludes the following Years of Service: (Choose (a) or at least one of (b) through (e)) [ ]) (a) None other than as specified in Section 5.08(a) of the Plan. [ ] . (b) Any Year of Service before the Participant attained the age of ____. Note: The age selected may not exceed age 18.] [ ] (c) Any Year of Service during the period the Employer did not maintain this Plan or a predecessor plan. [X] (d) Any Year of Service before a Break in Service if the number of consecutive Breaks in Service equals or exceeds the greater of 5 or the aggregate number of the Years of Service prior to the Break. This exception applies only if the Participant is 0% vested in his Accrued Benefit derived from Employer contributions at the time he has a Break in Service. Furthermore, the aggregate number of Years of Service before a Break in Service do not include any Years of Service not required to be taken into account under this exception by reason of any prior Break in Service.

Appears in 1 contract

Samples: Adoption Agreement (Conagra Inc /De/)

INCLUDED YEARS OF SERVICE - VESTING. The Employer specifically ----------------------------------- excludes the following Years of Service: (Choose (a) or at least one of (b2) through (e)) [ ]) (a) None other than as specified in Section 5.08(a) of the Plan. [ [X] (b) Any Year of Service before the Participant attained the age of ____18. Note: The age selected may not exceed age 18.] [ ] (c) Any Year of Service during the period the Employer did not maintain this Plan or a predecessor plan. [X] . (d) Any Year of Service before a Break in Service if the number of consecutive Breaks in Service equals or exceeds the greater of 5 or the aggregate number of the Years of Service prior to the Break. This exception applies only if the Participant is 0% vested in his Accrued Benefit derived from Employer contributions at the time he has a Break in Service. Furthermore, the aggregate number of Years of Service before a Break in Service do not include any Years of Service not required to be taken into account under this exception by reason of any prior Break in Service. (e) Any Year of Service earned prior to the effective date of ERISA if the Plan would have disregarded that Year of Service on account of an Employee's Separation from Service under a Plan provision in effect and adopted before January 1, 1974. ARTICLE VI TIME AND METHOD OF PAYMENTS OF BENEFITS

Appears in 1 contract

Samples: Adoption Agreement (Midcoast Energy Resources Inc)

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INCLUDED YEARS OF SERVICE - VESTING. The Employer specifically ----------------------------------- ------------------------------------ excludes the following Years of Service: (Choose CHOOSE (aA) or at least one of OR AT LEAST ONE OF (bB) through THROUGH (eE)) [ ]) (a) None other than as specified in Section 5.08(a) of the Plan. [ ] . (b) Any Year of Service before the Participant attained the age of ____. ------ [Note: The age selected may not exceed age 18.] [ ] (c) Any Year of Service during the period the Employer did not maintain this Plan or a predecessor plan. [X] (d) Any Year of Service before a Break in Service if the number of consecutive Breaks in Service equals or exceeds the greater of 5 or the aggregate number of the Years of Service prior to the Break. This exception applies only if the Participant is 0% vested in his Accrued Benefit derived from Employer contributions at the time he has a Break in Service. Furthermore, the aggregate number of Years of Service before a Break in Service do not include any Years of Service not required to be taken into account under this exception by reason of any prior Break in Service.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Indian Village Bancorp Inc)

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