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. 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. 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 Percent age 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 _____
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. 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. 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
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).
VESTING OF EMPLOYER CONTRIBUTIONS. (a) SCHEDULE OF VESTING: Amounts credited to a Participant's Salary Reduction Account, After-Tax Contributions Account, Qualified Contributions Account, Deductible Account, Loan Account and Rollover Account will always be 100% vested and non-forfeitable. Amounts credited to a Participant's Employer Contributions Account will become non-forfeitable in accordance with the following Schedule of Vesting. The Participant's Years of Vesting Service will be computed as provided in Section 6.4 of the Plan excluding all years described in 16(c) of this Adoption Agreement. The Schedule of Vesting must provide for non-forfeitability no less favorable than: (i) 100% after five or more Years of Vesting Service; or (ii) 20% with three Years of Vesting Service and 20% for each of the next four Years of Vesting Service. The Schedule of Vesting will be: NON-FORFEITABLE YEARS OF VESTING SERVICE PERCENTAGE OF ACCOUNT Less than 1 Year 0% 1 Year 0% 2 Years 20% 3 Years 40% 4 Years 60% 5 Years 80% 6 Years 100% 7 Years % ---
VESTING OF EMPLOYER CONTRIBUTIONS. A Participant shall become vested in the Employer Contributions credited to his Employer Contribution Account for a Plan Year at the same time he becomes vested in the Qualified Plan Contributions made to the Qualified Plan on his behalf for such Plan Year.
VESTING OF EMPLOYER CONTRIBUTIONS. 27 Section 6.3 Forfeiture...............................................30 ARTICLE VII
