Common use of Minimum Service Requirement Clause in Contracts

Minimum Service Requirement. In order to receive credit for unused paid time off, a Participant must meet the following requirement at termination (check one): The Participant must be 100% vested in a normal retirement benefit. The Participant must have at least years (insert number) of Total Credited Service (not including leave otherwise creditable under this Section). Other (must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401-1(b)(1)(i)): .

Minimum Service Requirement. In order to receive credit for unused paid time off, a Participant must meet the following requirement at termination (check one): The Participant must be 100% vested in a normal retirement benefit. The Participant must have at least years (insert number) of Total Credited Service (not including leave otherwise creditable under this Section). Other (must specify specify, subject to limitations in a manner that satisfies the definite written program requirement Section 3.01 of Treasury Regulation 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401-1(b)(1)(i)Master Plan): .

Minimum Service Requirement. In order to receive credit for unused paid time off, a Participant must meet the following requirement at termination (check termination(check one): The Participant must be 100% vested in a normal retirement benefit. The Participant must have at least years (insert number) of years(insert number)of Total Credited Service (not including leave otherwise creditable under this Section). Other (must Other(must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401-1(b)(1)(i)): .