Common use of Time When Forfeitures Occur Clause in Contracts

Time When Forfeitures Occur. Forfeitures of any kind will occur: (check one) x When a Terminated Participant’s entire Vested Account has been distributed (or after 5 consecutive Breaks in Service, if earlier) ¨ After a Terminated Participant incurs (max. 5) consecutive Breaks in Service

Appears in 2 contracts

Samples: Enpro Industries, Inc, Pacific Capital Bancorp /Ca/

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Time When Forfeitures Occur. Forfeitures of any kind will occur: (check one) x When a Terminated Participant’s entire Vested Account has been distributed (or after 5 consecutive Breaks in Service, if earlier) ¨ After a Terminated Participant incurs ______ (max. 5) consecutive Breaks in Service

Appears in 1 contract

Samples: Enpro Industries, Inc

Time When Forfeitures Occur. Forfeitures of any kind will occur: (check one) x When a Terminated Participant’s entire Vested Account has been distributed (or after 5 consecutive Breaks in Service, if earlier) ¨ o After a Terminated Participant incurs (max. 5) consecutive Breaks in Service

Appears in 1 contract

Samples: Non Standardized Prototype Adoption Agreement (Michaels Stores Inc)

Time When Forfeitures Occur. Forfeitures of any kind will occur: (check one) x þ When a Terminated Participant’s entire Vested Account has been distributed (or after 5 consecutive Breaks in Service, if earlier) ¨ o After a Terminated Participant incurs (max. 5) 5 consecutive Breaks in Service

Appears in 1 contract

Samples: Littelfuse Inc /De

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Time When Forfeitures Occur. Forfeitures of any kind will occur: (check one) x When a Terminated Participant’s entire Vested Account has been distributed (or after 5 consecutive Breaks in Service, if earlier) ¨ After a Terminated Participant incurs (max. 5) 5 consecutive Breaks in Service

Appears in 1 contract

Samples: Western Digital Corp

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