Common use of Vesting of a Participant Clause in Contracts

Vesting of a Participant. Except in the case of Plans subject to full and immediate vesting, a Participant's vested amount shall be calculated by multiplying his Regular Account balance, Employer Discretionary Contribution Account balance, and Employer Matching Contribution Account balance, if any, as determined on the Valuation Date following his termination of employment by his vested interest as determined under Section 7.1. In order to determine the vested interest of a Participant after a Service Break, the following rules shall apply:

Appears in 10 contracts

Samples: Adoption Agreement Dreyfus Standardized (Dreyfus Growth Opportunity Fund Inc), Adoption Agreement (Dreyfus Worldwide Dollar Money Market Fund Inc), Adoption Agreement Dreyfus Standardized (Dreyfus Lifetime Portfolios Inc)

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