TRANSFER TO OR FROM INELIGIBLE CLASS. If an Employee who had been a Participant becomes ineligible to participate because he or she is no longer a member of an eligible class of Employees, but has not incurred a Break in Eligibility Service, such Employee shall participate immediately upon his or her return to an eligible class of Employees. If such Employee incurs a Break in Eligibility Service, his or her eligibility to participate shall be determined by Section
Appears in 13 contracts
Samples: Adoption Agreement (Bradford Funds Inc), Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Cornell Corrections Inc), Basic Plan Document (Edelbrock Corp)
TRANSFER TO OR FROM INELIGIBLE CLASS. If an Employee who had been a Participant becomes ineligible to participate because he or she is no longer a member of an eligible class of Employees, but has not incurred a Break in Eligibility Service, such Employee shall participate immediately upon his or her return to an eligible class of Employees. If such Employee incurs a Break in Eligibility Service, his or her eligibility to participate shall be determined by Section
Appears in 2 contracts
Samples: Basic Plan Document (Nabi /De/), Basic Plan Document (Nabi /De/)
TRANSFER TO OR FROM INELIGIBLE CLASS. If an Employee who had been a Participant becomes ineligible to participate because he or she is no longer a member of an eligible class of Employees, but has not incurred a Break in Eligibility Service, such Employee shall participate immediately upon his or her return to an eligible class of Employees. If such Employee incurs a Break in Eligibility Service, his or her eligibility to participate shall be determined by SectionSection 2.
Appears in 2 contracts
Samples: 401(k) Profit Sharing Plan Adoption Agreement (Miami Computer Supply Corp), Basic Plan Document (Tri Continental Corp)
TRANSFER TO OR FROM INELIGIBLE CLASS. If an Employee A Participant who had been a Participant becomes ineligible to participate partIcipate in this Plan because he or she is no longer a member of an eligible class of Employees, but has not incurred a Break in Eligibility Service, such Employee shall participate participates immediately upon his or her return to an eligible class of EmployeesEmployees if he or she has not had a Break in Eligibility Service. If such the Employee incurs had a Break in Eligibility Service, his or her eligibility to participate shall be is determined by Sectionunder Section 2.
Appears in 1 contract
Samples: 401(k) Profit Sharing Adoption Agreement (Kevco Inc)
TRANSFER TO OR FROM INELIGIBLE CLASS. If an Employee who had been a Participant becomes ineligible to participate because he or she is no longer a member of an eligible class of Employees, but has not incurred a Break in Eligibility Service, such Employee shall participate immediately upon his or her return to an eligible class of Employees. If such Employee incurs a Break in Eligibility Service, his or her eligibility to participate shall be determined by SectionSection 2.04
Appears in 1 contract
Samples: Retirement Plan Document (Merchants & Manufacturers Bancorporation Inc)
TRANSFER TO OR FROM INELIGIBLE CLASS. If an Employee who had been a Participant becomes ineligible to participate because he or she is they are no longer a member of an eligible class of Employees, but has not incurred a Break in Eligibility Service, such Employee shall participate immediately following the date of reemployment upon his or her their return to an eligible class of Employees. If such Employee incurs a Break in Eligibility Service, his or her their eligibility to participate shall be determined by Plan Section
Appears in 1 contract
TRANSFER TO OR FROM INELIGIBLE CLASS. If an Employee who had been a Participant becomes ineligible to participate because he or she is no longer a member of an eligible class of Employees, but has not incurred a Break in Eligibility Service, such Employee shall participate immediately upon his or her return to an eligible class of Employees. If such Employee incurs a Break in Eligibility Service, his or her eligibility to participate shall be determined by Section
Appears in 1 contract
Samples: Tax Sheltered Custodial Account Agreement (New England Funds Trust I)