Common use of Uniform points allocation Clause in Contracts

Uniform points allocation. The allocation for each Eligible Participant is determined based on the Eligible Participant’s points. Each Eligible Participant’s allocation shall bear the same relationship to the Employer Contribution as his/her total points bears to all points awarded. An Eligible Participant will receive: [Check (1) and/or (2). Selection (3) may be checked in addition to (1) and (2). Selection #20.a. above also must be checked.] (1) points for each ___ year(s) of age (attained as of the end of the Plan Year). (2) points for each ___ Year(s) of Service, determined as follows: [Check (a) or (b). Selection (c) may be checked in addition to (a) or (b).] (a) In the same manner as determined for eligibility. (b) In the same manner as determined for vesting. (c) Points will not be provided with respect to Years of Service in excess of ___. (3) points for each $__ (not to exceed $200) of Included Compensation.

Uniform points allocation. The allocation for each Eligible Participant is determined based on the Eligible Participant’s 's points. Each Eligible Participant’s 's allocation shall bear the same relationship to the Employer Contribution as his/her total points bears to all points awarded. An Eligible Participant will receive: [Check (1) and/or (2). Selection (3) may be checked in addition to (1) and (2). Selection #20.a. above also must be checked.] (1) points for each ____ year(s) of age (attained as of the end of the Plan Year). (2) points for each ____ Year(s) of Service, determined as follows: [Check (a) or (b). Selection (c) may be checked in addition to (a) or (b).] (a) In the same manner as determined for eligibility. (b) In the same manner as determined for vesting. (c) Points will not be provided with respect to Years of Service in excess of _____ . (3) points for each $____ (not to exceed $200) of Included Compensation.

Uniform points allocation. The allocation for each Eligible Participant is determined based on the Eligible Participant’s 's points. Each Eligible Participant’s 's allocation shall bear the same relationship to the Employer Contribution as his/her total points bears to all points awarded. An Eligible Participant will receive: [Check (1) and/or (2). Selection (3) may be checked in addition to (1) and (2). Selection #20.a. above also must be checked.] (1) points for each ____ year(s) of age (attained as of the end of the Plan Year). (2) points for each ____ Year(s) of Service, determined as follows: [Check (a) or (b). Selection (c) may be checked in addition to (a) or (b).] (a) In the same manner as determined for eligibility. (b) In the same manner as determined for vesting. (c) Points will not be provided with respect to Years of Service in excess of ____. (3) points for each $____ (not to exceed $200) of Included Compensation.