VESTING OF EMPLOYER CONTRIBUTIONS. The Employer may, at its option, elect one of the available vesting schedules described herein for each of the employer contribution types applicable to the Plan as designated in the Adoption Agreement.
VESTING OF EMPLOYER CONTRIBUTIONS. Except as provided in Section 6.1, the Employer may, at its option, elect one of the available vesting schedules described herein for each of the employer contribution types applicable under the Plan as designated in the Adoption Agreement.
VESTING OF EMPLOYER CONTRIBUTIONS. A. Employer contributions under the Plan shall be fully and immediately vested and non-forfeitable or, check one: |_| Vested at the "Top-Heavy" rate in Column 1 below |_| Vested at the "4-40 vesting" rate in Column 2 below |_| Vested at the rate specified in Column 4 below, which rate shall be at least as rapid as the rate in Column 3 below. VESTING TABLE Column 1 Column 2 Column 3 Column 4 Vesting "Top-Heavy" "4-40 Vesting" Minimum Percentage Years Percentage Percentage Percentage Elected ------- ----------- ------------- ---------- ------------ 1 0 0 0 ____________ 2 20 0 0 ____________ 3 40 0 0 ____________ 4 60 40 0 ____________ 5 80 45 25 ____________ 6 100 50 30 ____________ 7 100 60 35 ____________ 8 100 70 40 ____________ 9 100 80 45 ____________ 10 100 90 50 ____________ 11 100 100 60 ____________ 12 100 100 70 ____________ 13 100 100 80 ____________ 14 100 100 90 ____________ 15 100 100 100 ____________
B. Vesting Years and One-Year Breaks in Service for the purpose of vesting shall be measured on the Plan Year |_| or, if this box is checked, on the 12 consecutive month period beginning on the Participant's initial date of employment or anniversary of that date.
VESTING OF EMPLOYER CONTRIBUTIONS. The Employer Contributions authorized under AA §6 will vest in accordance with the vesting schedule designated under AA §8-2 and AA §8-3, as applicable.
VESTING OF EMPLOYER CONTRIBUTIONS. A. Employer Contributions under the Plan shall be fully and immediately vested and non-forfeitable |_| or, if this box is checked, vested at the rate in Column 1 below, or at a more rapid rate of vesting if specified in Column 2 below. VESTING TABLE
Column 1 Column 2 -------- -------- Vesting Minimum Percentage Years Percentage Selected
VESTING OF EMPLOYER CONTRIBUTIONS. A. Employer Contributions under the Plan shall be fully and immediately vested and non-forfeitable |_| or, if this box is checked, vested at the rate in Column 1 below, or at a more rapid rate of vesting if specified in Column 2 below. VESTING TABLE
Column 1 Column 2 ----------- ---------- Vesting Minimum Percentage Years Percentage Selected 1 0 __________ 2 20 __________ 3 40 __________ 4 60 __________ 5 80 __________ 6 100 __________ B. Vesting Years and One-Year Breaks in Service for the purpose of vesting shall be measured on the Plan Year |_| or, if this box is checked, on the 12 consecutive month period beginning on the Participant's initial date of employment or an anniversary of that date.
VESTING OF EMPLOYER CONTRIBUTIONS. A. If you choose a waiting period of more than one year in 1.A., you must select full and immediate vesting. If you choose a waiting period of one year or less and want graduated vesting, check the unshaded option to select the vesting schedule in Column 1. For a more rapid schedule, check the box and complete Column 2.
B. If you choose immediate vesting, skip this section. If your choose graduated vesting, you may select the 12 month period on which vesting years are calculated. If you check the unshaded option, you may not check the box in 2.C., the following section.
VESTING OF EMPLOYER CONTRIBUTIONS. If you choose a waiting period of more than one year in 1.A., you must select full and immediate vesting. If you choose a waiting period of one year or less and want graduated vesting, check the unshaded option to select the vesting schedule in Column 1. For a more rapid schedule, check the box and complete Column 2.
VESTING OF EMPLOYER CONTRIBUTIONS. Except as provided in Section 6.1, the Employer may, at its option, elect one of the available vesting schedules described herein for each of the employer contribution types applicable under the Plan as designated in the Adoption Agreement.
Schedule 1: All applicable Employer contributions (and related earnings) shall be immediately and fully vested. If the eligibility requirement(s) selected by the Employer under the Plan require(s) that an Employee complete a service period which is longer than 12 consecutive months, this vesting Schedule 1 shall be automatically applicable.
Schedule 2: All applicable Employer contributions (and related earnings) shall vest in accordance with the schedule set forth below: Less than 2 0 % 2 but less than 3 20 % 3 but less than 4 40 % 4 but less than 5 60 % 5 but less than 6 80 % 6 or more 100 %
VESTING OF EMPLOYER CONTRIBUTIONS. If a Participant’s Joinder Agreement provides for the Employer to credit Deferred Compensation to a Participant’s Account in the form of “employer contributions,” such credits shall be immediately vested, except as provided in Section 4.03(f)(4).
