Common use of Vested Participants Clause in Contracts

Vested Participants. A Participant who has sustained a Break in Eligibility Service and who had a Vested interest in all or a portion of his or her Individual Account derived from Employer Contributions shall continue to participate in the Plan, or, if terminated, shall participate immediately upon reemployment.

Appears in 17 contracts

Samples: Qualified Retirement Plan (Teardrop Golf Co), Qualified Retirement Plan and Trust (Camco Financial Corp), Participation Agreement (Miami Computer Supply Corp)

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Vested Participants. A Participant who has sustained a Break in Eligibility Service and who had a Vested interest in all or a portion of his or her Individual Account derived from Employer Contributions shall continue to participate in the Plan, or, if terminated, shall participate immediately upon on the first Entry Date coincident with or following the date of reemployment.

Appears in 1 contract

Samples: Merchants & Manufacturers Bancorporation Inc

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