Common use of Vested Percentage Under the Old Plan Clause in Contracts

Vested Percentage Under the Old Plan. Anything in (A) above to the contrary notwithstanding, a Participant shall have a nonforfeitable right to a percentage of his Employer Contribution Account and his Profit Sharing Contribution Account that is no less than the vested percentage in his account derived from Employer Contributions and Profit Sharing Contributions computed under the Old Plan on the date immediately prior to the later of the effective date of this restatement of the Plan or the date on which this restatement of the Plan is adopted.

Appears in 5 contracts

Samples: Lsi Industries Inc, Lsi Industries Inc, Lsi Industries Inc

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