NORMAL/EARLY RETIREMENT AGE. The Employer in its Adoption Agreement must specify the Plan's Normal Retirement Age. If the Employer fails to specify the Plan's Normal Retirement Age in its Adoption Agreement, the Employer is deemed to have elected age 65 as the Plan's Normal Retirement Age. The Employer in its Adoption Agreement may specify an Early Retirement Age. A Participant's Account Balance derived from Employer contributions is 100% Vested upon and after his/her attaining Normal Retirement Age (or if applicable, Early Retirement Age) if the Participant is employed by the Employer on or after that date and regardless of the Participant's Years of Service for vesting or the Employer's Adoption Agreement elected vesting schedules.
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Samples: Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Finisar Corp)
NORMAL/EARLY RETIREMENT AGE. The Employer in its Adoption Agreement must specify the Plan's ’s Normal Retirement Age. If the Employer fails to specify the Plan's ’s Normal Retirement Age in its Adoption Agreement, the Employer is deemed to have elected age 65 as the Plan's ’s Normal Retirement Age. The Employer in its Adoption Agreement may specify an Early Retirement Age. A Participant's ’s Account Balance derived from Employer contributions is 100% Vested upon and after his/her attaining Normal Retirement Age (or if applicable, Early Retirement Age) if the Participant is employed by the Employer on or after that date and regardless of the Participant's ’s Years of Service for vesting or the Employer's ’s Adoption Agreement elected vesting schedules.
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Samples: Adoption Agreement (Knowles Corp)
NORMAL/EARLY RETIREMENT AGE. The Employer in its Adoption Agreement must specify the Plan's Normal Retirement AgeAge of at least age 55. If the Employer fails to specify the Plan's Normal Retirement Age in its Adoption Agreement, the Employer is deemed to have elected age 65 as the Plan's Normal Retirement Age. The Employer in its Adoption Agreement may specify an Early Retirement Age. A Participant's Account Balance derived from Employer contributions is 100% Vested upon and after his/her attaining Normal Retirement Age (or if applicable, Early Retirement Age) if the Participant is employed by the Employer on or after that date and regardless of the Participant's Years of Service for vesting or the Employer's Adoption Agreement elected vesting schedules.
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