Common use of Participation Upon Change of Job Status Clause in Contracts

Participation Upon Change of Job Status. An Employee who is not an Eligible Employee shall become a Participant on the later of: (1) the date he or she would have become a Participant had he or she always been an Eligible Employee, or (2) the date he or she becomes an Eligible Employee.

Participation Upon Change of Job Status. An Employee who is not an Eligible Employee shall become a Participant on the later of: (1a) the date he or she would have become a Participant had he or she always been an Eligible Employee, or (2b) the date he or she becomes an Eligible Employee.