Method for Crediting Service Sample Clauses

Method for Crediting Service. [Check one. See Section 3.]
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Method for Crediting Service. [Check one. See (S) 3.] --- 1. [X] STANDARD: "Hour of Service" method. [See (S) 3.1.]
Sample 1
Method for Crediting Service. [Cheek one. See Section. 3] 1. [x] STANDARD: "Hour of Service" method. [See Section.3.1.1 a. Crediting Hours. Flours will be credited during each Computation Period [Check one. See Section 3.1 (c).] (1) [x] STANDARD: by maintaining records of the actual hours worked. [Sec Section. 3.1(c)(2) (i).] (2) [ ] by using the following equivalency [Check one. See Section. 3.1(c)(2)(iii).] [ ] 10 Hours of Service for each day. [ ] 45 Hours of Service for each week. [ ] 95 Hours of Service for each semi-monthly payroll period. [ ] 190 Hours of Service for each month. b. Vesting Computation Period. The Computation Period for vesting purposes will be [Check one. Sec Section. 3.1(b) (2).] (1) [x] STANDARD: the Plan Year (2) [ ] the 12 month period beginning on the Participant's hire date and each anniversary of that hire date. c. Participation Computation Period. The initial Computation Period for participation purposes will be the 12 month period beginning of the Participant's hire date. Each subsequent Computation Period after the initial 12 months of employment will be [Check one. See Section. 3,1(b)(3).] (1) [x] STANDARD: Plan Years beginning on the Participant's hire date. (2) [ ] subsequent 12 month periods beginning on the anniversaries of the Participant's hire date_ d. Year of Service for Vesting. For vesting purposes, an Employee will be credited with a Year of Service if, during a Computation Period the Employee completes at least [Check one. See Section. 3.1(d).] (1) [x] STANDARD: 1,000 Hours of Service. (2) [ ] 1 [:not more than 1,000] Hours of Service. 7 e. Year of Service for Participation. For participation purposes, an Employee will be credited with a Year of Service [Check one. See Section 3.1(b)(3) and Section. 3.1(d).] (1) [ ] STANDARD: at the end of the Computation Period in which the Employee completes at least 1,000 Hours of Service, (2) [x] on the date on which the Employee completes at least 1 [not more t1-tan 1,000] flours of Service. (3) [ ] at the end of the Computation Period on which the Employee completes at least [not more than 1,000] hours of Service. Notwithstanding the foregoing, if a partial Year of Service is selected in Part III.B, no minimum number of Hours of Service will be required. 2. "Elapsed Time" method. [See Section 3.2.] For purposes of determining whether a Participant is entitled to an allocation of contributions or forfeitures, the Participant will be deemed to have completed more than 500 Hours of Service in a Plan Yea...
Sample 1
Method for Crediting Service. [Cheek one. See Section. 3]
Sample 1

Related to Method for Crediting Service

  • Description of Administration Services on a Continuous Basis PFPC will perform the following administration services with respect to each Portfolio:

  • In-Service Withdrawals If elected in the Adoption Agreement, an Employer may elect to permit a Participant in the Plan to make an in-service withdrawal, subject to any limitation(s) specified in the Adoption Agreement.

  • Stock Plan Administration Service Provider The Company transfers the Participant's Personal Information to Fidelity Stock Plan Services LLC, an independent service provider based in the United States, which assists the Company with the implementation, administration and management of the Plan (the “Stock Plan Administrator”). In the future, the Company may select a different Stock Plan Administrator and share the Participant's Personal Information with another company that serves in a similar manner. The Stock Plan Administrator will open an account for the Participant to receive and trade Shares acquired under the Plan. The Participant will be asked to agree on separate terms and data processing practices with the Stock Plan Administrator, which is a condition to the Participant’s ability to participate in the Plan. (c)

  • Service Credits Only during the period in which the Bank is providing Transition Assistance:

  • EXERCISE OF CARE AS FOREIGN CUSTODY MANAGER The Foreign Custody Manager shall exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Foreign Assets would exercise in performing the delegated responsibilities.

  • Stock Plan Administration Service Providers The Company transfers Data to Xxxxxx Xxxxxxx Xxxxx Xxxxxx LLC, an independent service provider, which is assisting the Company with the implementation, administration and management of the Plan. In the future, the Company may select a different service provider and share Data with such other provider serving in a similar manner. The Participant may be asked to agree on separate terms and data processing practices with the service provider, with such agreement being a condition to the ability to participate in the Plan.

  • Method of Accounting The Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

  • SERVICE FOR PREDECESSOR EMPLOYER In addition to the predecessor service the Plan must credit by reason of Section 1.29 of the Plan, the Plan credits Service with the following predecessor employer(s): _______________________________________________________ _______________________________________________________________________________. Service with the designated predecessor employer(s) applies: (Choose at least one of (a) or (b); (C) is available only in addition to (a) or (b))

  • Nondiscretionary Details and Minor Expenses The Custodian shall attend to all nondiscretionary details in connection with the sale or purchase or other administration of Investments, except as otherwise directed by Instruction, and may make payments to itself or others for minor expenses of administering Investments under this Agreement, provided that the Fund shall have the right to request an accounting with respect to such expenses.

  • Description of Accounting Services on a Continuous Basis PFPC will perform the following accounting services with respect to each Portfolio:

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