Common use of Participant rules Clause in Contracts

Participant rules. All rights and values forfeited by termination of employment shall inure, in accordance with Section 4.06(f), only to the benefit of the Participants of the Employer or Participating Employer by which the forfeiting Participant was employed, except if the Forfeiture is for an Employee whose Employer is an Affiliate, then said Forfeiture shall inure to the benefit of the Participants of those employers who are Affiliates, unless otherwise provided in the Adoption Agreement. Should an Employee of one ("First") Employer be transferred to an associated ("Second") Employer which is an Affiliate, such transfer shall not cause his Account balance (generated while an Employee of the "First" Employer) in any manner, or by any amount to be forfeited. Such Employee's Participant Account balance for all purposes of the Plan, including length of Service, shall be considered as though he had always been employed by the "Second" Employer, and as such had received contributions, Forfeitures, earnings or losses, and appreciation or depreciation in value of assets totaling the amount so transferred.

Participant rules. All rights and values forfeited by termination of employment shall inure, in accordance with Section 4.06(f), only to the benefit of the Participants of the Employer or Participating Employer by which the forfeiting Participant was employed, except if the Forfeiture is for an Employee whose Employer is an AffiliateAffiliated Employer (as defined in Section 1.19), then said Forfeiture shall inure to the benefit of the Participants of those employers who are Affiliates, unless otherwise provided in the Adoption Agreement. Should an Employee of one ("“First"”) Employer be transferred to an associated ("“Second"”) Employer which is an Affiliate, such transfer shall not cause his Account balance (generated while an Employee of the "“First" ” Employer) in any manner, or by any amount to be forfeited. Such Employee's ’s Participant Account balance for all purposes of the Plan, including length of Service, shall be considered as though he had always been employed by the "“Second" ” Employer, and as such had received contributions, Forfeitures, earnings or losses, and appreciation or depreciation in value of assets totaling the amount so transferred.

Participant rules. All rights and values forfeited by termination of employment shall inure, in accordance with Section 4.06(f), only to the benefit of the Participants of the Employer or Participating Employer by which the forfeiting Participant was employed, except if the Forfeiture is for an Employee whose Employer is an Affiliate, then said Forfeiture shall inure to the benefit of the Participants of those employers who are Affiliates, unless otherwise provided in the Adoption Agreement. Should an Employee of one ("“First"”) Employer be transferred to an associated ("“Second"”) Employer which is an Affiliate, such transfer shall not cause his Account balance (generated while an Employee of the "“First" ” Employer) in any manner, or by any amount to be forfeited. Such Employee's ’s Participant Account balance for all purposes of the Plan, including length of Service, shall be considered as though he had always been employed by the "“Second" ” Employer, and as such had received contributions, Forfeitures, earnings or losses, and appreciation or depreciation in value of assets totaling the amount so transferred.