Common use of Minimum service condition Clause in Contracts

Minimum service condition. An Employee must be credited with at least: □ (1) Hours of Service (not to exceed 1,000) during the Plan Year. □ (2) (not more than 182) consecutive days of employment with the Employer during the Plan Year.

Appears in 2 contracts

Samples: Nonstandardized Prototype Profit Sharing/401(k) Plan Adoption Agreement, 401(k) Plan Adoption Agreement

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Minimum service condition. An Employee must be credited with at least: □ : (1) Hours of Service (not to exceed 1,000) during the Plan Year. □ (2) (not more than 182) consecutive days of employment with the Employer during the Plan Year.

Appears in 1 contract

Samples: Nonstandardized Prototype Profit Sharing/401(k) Plan Adoption Agreement

Minimum service condition. An Employee must be credited with at least: □ : (1) Hours of Service (not to exceed 1,000) during the Plan Year. (2) _ (not more than 182) consecutive days of employment with the Employer during the Plan Year.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement

Minimum service condition. An Employee must be credited with at least: □ : (1) Hours of Service (not to exceed 1,000) during the Plan Year. (2) (not more than 182) consecutive days of employment with the Employer during the Plan Year.

Appears in 1 contract

Samples: Volume Submitter Money Purchase Plan Adoption Agreement

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Minimum service condition. An Employee must be credited with at least: (1) Hours of Service (not to exceed 1,000) during the Plan Year. (2) (not more than 182) consecutive days of employment with the Employer during the Plan Year.. Sample Document

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement

Minimum service condition. An Employee must be credited with at least: □ : (1) Hours of Service (not to exceed 1,000) during the Plan Year. □ (2) (not more than 182) consecutive days of employment with the Employer during the Plan Year.. □ (e) Application to a specified period. The allocation conditions selected under this AA §6B-7 apply on the basis of the Plan Year. If the Employer will base its Matching Contributions on a periodic basis (as designated in AA §6B-5), this

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement

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