Common use of Re-employment Clause in Contracts

Re-employment. If a Participant who incurs a Separation from Service is subsequently re-employed, he or she may, at the sole and absolute discretion of the Plan Administrator, become a Participant in accordance with the provisions of the Plan.

Appears in 36 contracts

Samples: Supplemental Executive Retirement Plan (Southern National Bancorp of Virginia Inc), Supplemental Executive Retirement Plan (Southern National Bancorp of Virginia Inc), Supplemental Executive Retirement Plan (Southern National Bancorp of Virginia Inc)

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Re-employment. If a Participant who incurs a Separation from Service with the Plan Sponsor or an Affiliate, is subsequently re-employed, he or she may, may at the sole and absolute discretion of the Plan Administrator, become a Participant in accordance with the provisions of the Planabove Article.

Appears in 1 contract

Samples: Executive Deferred Compensation Master Agreement (Oceanfirst Financial Corp)

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Re-employment. If a Participant who incurs a Separation from Service is subsequently re-employed, he or she may, at the sole and absolute discretion of the Plan AdministratorCommittee, become a Participant in accordance with the provisions of the Plan.

Appears in 1 contract

Samples: Key Employee Deferred Compensation Plan (Regan Holding Corp)

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