Common use of Normal Retirement Vesting Clause in Contracts

Normal Retirement Vesting. Participant shall vest in their SERP Benefit based on the following schedule: Participant’s Percentage (%) vested in Years of Service Participant’s SERP Benefit 1-3 0 % 4 20 % 5 40 % 6 60 % 7 80 % 8 100 %

Appears in 2 contracts

Samples: Participation Agreement (Community First Inc), Participation Agreement (Community First Inc)

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Normal Retirement Vesting. Participant shall vest in their his SERP Benefit based on the following schedule: Participant’s Percentage (%) vested in Years of Service Participant’s SERP Benefit 1-3 0 % 4 20 % 5 40 % 6 60 % 7 80 % 8 100 %Benefit

Appears in 1 contract

Samples: Participation Agreement (Community First Inc)

Normal Retirement Vesting. Participant shall vest in their her SERP Benefit based on the following schedule: Participant’s Percentage (%) vested in Years of Service Participant’s SERP Benefit 1-3 0 10 0% 4 20 11 20% 5 40 12 40% 6 60 13 60% 7 80 14 80% 8 100 15 100%

Appears in 1 contract

Samples: Participation Agreement (Community First Inc)

Normal Retirement Vesting. Participant shall vest in their his SERP Benefit based on the following schedule: Participant’s Years of Service Percentage (%) vested in Years of Service Participant’s SERP Benefit 1-3 10 0 % 4 11 20 % 5 12 40 % 6 13 60 % 7 14 80 % 8 15 100 %

Appears in 1 contract

Samples: Participation Agreement (Community First Inc)

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Normal Retirement Vesting. Participant shall vest in their his SERP Benefit based on the following schedule: Participant’s Percentage (%) vested in Years of Service Participant’s SERP Benefit 1-3 0 0% 4 20 20% 5 40 40% 6 60 60% 7 80 80% 8 100 100%

Appears in 1 contract

Samples: Participation Agreement (Community First Inc)

Normal Retirement Vesting. Participant shall vest in their SERP Benefit based on the following schedule: Participant’s Percentage (%) vested in Years of Service Participant’s SERP Benefit 1-3 10 0 % 4 11 20 % 5 12 40 % 6 13 60 % 7 14 80 % 8 15 100 %

Appears in 1 contract

Samples: Participation Agreement (Community First Inc)

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