Vested Interest. Each Participant shall at all times have a fully vested interest in his Elective Deferral Account, Qualified Nonelective Account, Voluntary Account, Voluntary Tax-Deductible Account and Thrift Account. Each Participant's Regular Account, Employer Discretionary Contribution Account, and Employer Matching Contribution Account shall vest in accordance with the vesting schedule elected in the Adoption Agreement. If a Participant is not already fully vested in his Regular Account, Employer Discretionary Contribution Account, and Employer Matching Contributions Account, he shall become so upon reaching Normal Retirement Age or Early Retirement Age, or upon his death or Total and Permanent Disability.
Vested Interest employees do not have a right to SUB payments except for supplementation of E.I. benefits during the unemployment period as specified in the plan (E.I. Regulation 57 (13)(h)).
Vested Interest. Nurses do not have the right to SUB payments except for supplementation of EI benefits during the unemployment period as specified in the plan and as may be limited by the terms of the Employment Insurance Regulations.
Vested Interest. A bargaining unit member does not have a right to SUB payments except for supplementation of the Employment Insurance benefits during the employment period, which shall not exceed seventeen (17) weeks.
Vested Interest. An Instructor does not have a right to SUB payments except for supplementation of the Employment Insurance benefits during the employment period, which shall not exceed 17 weeks.
Vested Interest. The Employee does not have any vested right except to receive payments for the covered unemployment period.
Vested Interest. An Employee does not have a right to SUB payments except for the supplementation of the Employment Insurance Benefits during the employment period, which shall not exceed thirty-one (31) weeks.
Vested Interest. If the Grantee continues to be an employee of the Company, its Subsidiaries or Allied Enterprises from the Effective Date until the third anniversary of the Effective Date, his or her Vested Interest will be 100%. Except as provided for in Sections 6 and 7 above, if the Grantee does not continue to be an employee of the Company, its Subsidiaries or Allied Enterprises until the third anniversary of the Effective Date, his or her Vested Interest will be 0% and he will immediately forfeit the Restricted Stock as provided in Section 5. So long as the Grantee shall continue to be an employee of the Company, a Subsidiary or Allied Enterprise, he or she shall not be considered to have experienced a break in continuous employment because of: (i) any temporary leave of absence approved in writing by the Company, a Subsidiary or Allied Enterprise; or (ii) any change of duties or position (including transfer to or from a Subsidiary).
Vested Interest. Employees do not have a right to SUB payments except for supplemental of E.I. benefits during the unemployment period as specified in the plan. The employee’s regular weekly earnings shall be determined by multiplying her regular hourly rate on her last day worked prior to the commencement of the leave times her normal weekly hours. Other Income – Payments in respect of guaranteed annual remuneration or in respect of deferred remuneration or severance pay benefits are not reduced or increased by payments received under this plan. The regular hourly rate shall be calculated to include all of the employee’s insurable earnings as defined by the Employment Insurance Act.
Vested Interest. Except as provided in Sections 4.2, 4.3, and 4.4, Executive shall acquire a Vested Interest in his Plan benefit according to the following schedule: Years of Vesting Service Vested Interest ------------------------ --------------- Less than 5 0% 5 or more 100%
