Protectionof Persons Who Serve in a Uniformed Service Sample Clauses

Protectionof Persons Who Serve in a Uniformed Service. An Employee whose‌ employment is interrupted by qualified military service under Section 414(u) of the Code or who is on a leave of absence for qualified military service under Section 414(u) of the Code may elect to make additional Deferrals upon resumptionof employmentwith the Employer equal to the maximum Deferrals that the Employee could have elected during that period if the Employee's employmentwith the Employer had continued (at the same level of salary or wages) without the interruption or leave, reduced by the Deferrals, if any, actually made for the Employeeduring the period of the interruption or leave. This right applies for five years following the resumption of employment (or, if sooner, for a period equal to three times the period of the interruption or leave). Effective January 1, 2007, if a Participant dies while performing qualified military service (as defined in Section 414(u) of the Code), the Participant’s Beneficiariesshall be entitled to receive any additionalbenefits (other than additional credits described in Section 3.7 or similar benefit accruals relating to the period of qualified military service) provided under the Plan, as if the Participant had resumed employment and subsequently experienced a Severance from Employment on account of death.
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Related to Protectionof Persons Who Serve in a Uniformed Service

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