Net Credited Service. Term used to express the aggregate of the years, months and days of active employment with CenturyLink or any of its predecessors which will be recognized by the Company with respect to each employee. For employees of GTE Corporation who were active employees working in the exchanges purchased by CenturyTel on July 31, 2000, and became active employees of CenturyTel on that date, it also includes the Net Credited Service recognized by GTE as of July 31, 2000. Active employment will include only that time for which the employee actually receives pay or is on authorized Union or military leave of absence, and will not include time for which the employee receives Workers' Compensation as a result of being totally and permanently disabled in excess of one
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Net Credited Service. Term used to express the aggregate of the years, months and days of active employment with CenturyLink or any of its predecessors which will be recognized by the Company with respect to each employee. For employees of GTE Corporation who were active employees working in the exchanges purchased by CenturyTel on July 31, 2000, and became active employees of CenturyTel on that date, it also includes the Net Credited Service recognized by GTE as of July 31, 2000. Active employment will include only that time for which the employee actually receives pay or is on authorized Union or military leave of absence, and will not include time for which the employee receives Workers' Compensation as a result of being totally and permanently disabled in excess of oneone (1) year. Active employment will be computed in terms of whole workdays.
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