Common use of Regular Method Clause in Contracts

Regular Method. [ ] (1) The first day of the Plan Year (this option cannot be used unless the maximum age and service requirements are reduced by 1/2 year (i.e., age 20 1/2 or less must be selected in Section A.2.2(B)(1)(a)(ii) and the service requirement in Section A.2.2(B)(1)(a) (i) must be reduced by 1/2 year), coincident with, or, if the first day of the Plan Year does not so coincide, the first day of the Plan Year next following, the date on which an Employee meets the eligibility requirements of Article II of the Plan.

Appears in 3 contracts

Samples: Plan and Trust Agreement (Temporary Investment Fund Inc), Plan and Trust Agreement (Trust for Federal Securities), Plan and Trust Agreement (Chestnut Street Exchange Fund)

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Regular Method. [ ] (1) The first day of the Plan Year (this option cannot be used unless the maximum age and service requirements are reduced by 1/2 year (i.e.I.E., age 20 1/2 or less must be selected in Section A.2.2(B)(1)(a)(ii) and the service requirement in Section A.2.2(B)(1)(a) (i) must be reduced by 1/2 year), coincident with, or, if the first day of the Plan Year does not so coincide, the first day of the Plan Year next following, the date on which an Employee meets the eligibility requirements of Article II of the Plan.

Appears in 1 contract

Samples: Plan and Trust Agreement (RBB Fund Inc)

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