[ ] Service-Graded Clause Samples

A Service-Graded clause defines different levels or grades of service that a provider must deliver under a contract. It typically outlines specific standards, performance metrics, or response times for each grade, and may tie these to varying fees or remedies if the service level is not met. This clause ensures that both parties have a clear understanding of the expected quality and scope of services, helping to manage expectations and provide a basis for accountability if service levels fall short.
[ ] Service-Graded. The following percentage of each Participant’s Compensation based on the Participant’s Years of Service on the last day of the Plan Year: Years of Service Contribution Percentage (e.g., up to 2) %
[ ] Service-Graded. The following percentage of each Participant's Compensation based on the Participant's Years of Service. Years of Service Contribution Percentage (e.g., up to 2) % (e.g., more than 2 up to 5) % % % "Years of Service" under this Election 25(b)(4) means (Choose i. or ii.): i. [ ] Eligibility. Years of Service for eligibility in Election 15. ii. [ ] Vesting. Years of Service for vesting in Elections 37 and 38.