Two Year Eligibility. If the Employer under Adoption Agreement Section 2.01 elects a two Years of Service condition for eligibility purposes, an Employee who incurs a one year Break in Service prior to completing two Years of Service is a new Employee on the date he/she first performs an Hour of Service for the Employer after the Break in Service, and the Employee establishes a new Employment Commencement Date for purposes of the initial eligibility computation period under Section 2.02.
Appears in 6 contracts
Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Participation Agreement (Petco Animal Supplies Inc), Trimeris Inc
Two Year Eligibility. If the Employer under the Adoption Agreement Section 2.01 elects a two Years of Service condition for eligibility purposescondition, an Employee who incurs a one year Break in Service prior to completing two Years of Service Service: (1) is a new Employee on the date he/she first performs an Hour of Service for the Employer after the Break in Service, ; (2) the Plan disregards the Employee's Service prior to the Break in Service; and (3) the Employee establishes a new Employment Commencement Date for purposes of the initial eligibility computation period Initial Eligibility Computation Period under Section 2.022.02(C).
Appears in 2 contracts
Samples: Plan and Trust Agreement (Bob Evans Farms Inc), Plan and Trust Agreement (Finisar Corp)
Two Year Eligibility. If the Employer under the Adoption Agreement Section 2.01 elects a two Years of Service condition for eligibility purposescondition, an Employee who incurs a one year Break in Service prior to completing two Years of Service is a new Employee on the date he/she first performs an Hour of Service for the Employer after the Break in Service, and the Employee establishes a new Employment Commencement Date for purposes of the initial eligibility computation period under Section 2.02.:
Appears in 2 contracts
Samples: Adoption Agreement (Knowles Corp), Participation Agreement (Nci Building Systems Inc)
Two Year Eligibility. If the Employer under the Adoption Agreement Section 2.01 elects a two Years of Service condition for eligibility purposescondition, an Employee who incurs a one year Break in Service prior to completing two Years of Service Service: (1) is a new Employee Employee, on the date he/she first performs an Hour of Service for the Employer after the Break in Service, ; (2) the Plan disregards the Employee’s Service prior to the Break in Service; and (3) the Employee establishes a new Employment Commencement Date for purposes of the initial eligibility computation period Initial Eligibility Computation Period under Section 2.022.02(C).
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Samples: willamette.edu
