Qualifying Participants Sample Clauses

Qualifying Participants. A Participant will be a Qualifying Participant and thus entitled to share in the Employer Profit Sharing Contribution for any Plan Year only if the Participant is a Participant on at least one day of such Plan Year and satisfies the following additional conditions (Check one or more Options):
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Qualifying Participants. A Participant will be a Qualifying Participant and thus entitled to share in the Employer Profit Sharing Contribution for any Plan Year only if the Participant is a Participant on at least one day of such Plan Year and satisfies the following additional conditions (Check one or more Options): OPTION 1: / / No Additional Conditions. OPTION 2: / / Hours of Service Requirement. The Participant completes at least ________ Hours of Service during the Plan Year. However, this condition will be waived for the following reasons (Check at least one): / / The Participant's Death. / / The Participant's Termination of Employment after having incurred a Disability. / / The Participant's Termination of Employment after having reached Normal Retirement Age. / / This condition will not be waived.
Sample 1
Qualifying Participants. A Participant will be a Qualifying Participant and thus entitled to share in the Employer Profit Sharing Contribution for any Plan Year only if the Participant is a Participant on at least one day of such Plan Year and satisfies the following additional conditions (check one or more Options): Option 1: ___ No Additional Conditions Option 2: _X_ Hours of Service Requirement. The Participant completes at least 1,000 Hours of Service during the Plan Year. However, this condition will be waived for the following reasons (check at least one): _X_ The Participant's Death _X_ The Participant's Termination of Employment after having incurred a Disability _X_ The Participant's Termination of Employment after having reached Normal Retirement Age. ___ This condition will not be waived.
Sample 1
Qualifying Participants. A Participant will be a Qualifying Participant and thus entitled to share in the Employer Profit Sharing Contribution for any Plan Year only if the Participant is a Participant on at least one day of such Plan Year and satisfies the following additional conditions (Check one or more Options): OPTION 1: [ ] No Additional Conditions. OPTION 2: [X] Hours of Service Requirement. The Participant completes at least 500 (not more than 500) Hours of Service during the Plan Year. However, this condition will be waived for the following reasons (Check at least one): [ ] The Participant's Death. [ ] The Participant's Termination of Employment after having incurred a Disability. [ ] The Participant's Termination of Employment after having reached Normal Retirement Age. [X] This condition will not be waived. NOTE: If no option is selected, Option 1 will be deemed to be selected.
Sample 1
Qualifying Participants. A Participant will be a Qualifying Participant and thus entitled to share in the Employer Profit Sharing Contribution for any Plan Year only if the Participant is a Participant who has satisfied all of the eligibility requirements of Section Two of this Adoption Agreement on at least one day of such Plan Year and, if such Participant has incurred a Termination of Employment, satisfies the following Hours of Service requirement (select one): Option I: [_] The Participant completes at least 500 Hours of Service during the Plan Year. Option 2: [_] The Participant completes at least ______________ (not more than 500) Hours of Service during the Plan Year. NOTE: If no option is selected, Option 1 shall be deemed to be selected. Section Four: Vesting and Forfeitures Complete Parts A through C PART A. VESTING SCHEDULE FOR EMPLOYER PROFIT SHARING CONTRIBUTIONS: A Participant shall become Vested in his or her Individual Account derived from Employer Profit Sharing Contributions made pursuant to Section Three of the Adoption Agreement as follows (select one):
Sample 1
Qualifying Participants. A Participant will be a Qualifying Participant and thus entitled to share in the Employer Profit Sharing Contribution for any Plan Year only if the Participant is a Participant on at least one day of such Plan Year and satisfies the following additional conditions (CHECK ONE OR MORE OPTIONS): OPTION 1: [ ] No Additional Conditions. OPTION 2: [X] Hours of Service Requirement. The Participant completes at least 1000 Hours of Service during the Plan Year. However, this condition will be waived for the following reasons (CHECK AT LEAST ONE): [ ] The Participant's Death. [ ] The Participant's Termination of Employment after having incurred a Disability. [ ] The Participant's Termination of Employment after having reached Normal Retirement Age. [X] This condition will not be waived. OPTION 3: [X] Last Day Requirement. The Participant is an Employee of the Employer on the last day of the Plan Year. However, this condition will be waived for the following reasons (CHECK AT LEAST ONE): [ ] The Participant's Death. [ ] The Participant's Termination of Employment after having incurred a Disability. [ ] The Participant's Termination of Employment after having reached Normal Retirement Age. [X] This condition will not be waived. NOTE: IF NO OPTION IS SELECTED, OPTION 1 WILL BE DEEMED TO BE SELECTED.
Sample 1
Qualifying Participants. UCLEAR Digital reserves the right to refuse entry into the UCLEAR Digital Crew based on best practices. Applicants that do not qualify for the Crew Program include those who practice the following: • Promote sexually explicit materials • Promote violence • Promote discrimination based on race, sex, religion, nationality, disability, sexual orientation, or age • Promote illegal activities • Infringe or otherwise violate any copyright, trademark, or other intellectual property rights of UCLEAR Digital or any other site.
Sample 1
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Related to Qualifying Participants

  • Participants The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

  • Employee Participants 2.01 ELIGIBILITY.

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

  • VALUE OF PARTICIPANT'S ACCRUED BENEFIT If a distribution (other than a distribution from a segregated Account) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c))

  • Payments to Plan Participants and Their Beneficiaries (a) Company shall deliver to Trustee a schedule (the "Payment Schedule") that indicates the amounts payable in respect of each Plan participant (and his or her beneficiaries), that provides a formula or other instructions acceptable to Trustee for determining the amounts so payable, the form in which such amount is to be paid (as provided for or available under the Plan), and the time of commencement for payment of such amounts. Except as otherwise provided herein, Trustee shall make payments to the Plan participants and their beneficiaries in accordance with such Payment Schedule. The Trustee shall make provision for the reporting and withholding of any federal, state or local taxes that may be required to be withheld with respect to the payment of benefits pursuant to the terms of the Plan and shall pay amounts withheld to the appropriate taxing authorities or determine that such amounts have been reported, withheld and paid by Company.

  • Key Employees The Adviser is not aware that (i) any of its executives, key employees or significant group of employees plans to terminate employment with the Adviser or (ii) any such executive or key employee is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by either the Adviser’s present or proposed business activities, except, in each case, as would not reasonably be expected, individually or in the aggregate, to have an Adviser Material Adverse Effect.

  • Participant See Section 7(a) hereof.

  • Disability of Participant If a Participant ceases to be a Service Provider as a result of the Participant’s Disability, the Participant may exercise his or her Option within 6 months of cessation, or such longer period of time as is specified in the Award Agreement (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement or Section 6(d), as applicable) to the extent the Option is vested on the date of cessation. Unless otherwise provided by the Administrator or set forth in the Award Agreement or other written agreement authorized by the Administrator between the Participant and the Company or any of its Subsidiaries or Parents, as applicable, if on the date of cessation the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will revert to the Plan immediately. If after such cessation the Participant does not exercise his or her Option within the time specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

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