Common use of Vesting Schedule for Matching Contributions Clause in Contracts

Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows (CHOOSE ONE): ------------------------------------------------------------------------------------------------------------------ YEARS OF VESTED PERCENTAGE VESTING SERVICE Option 1 Option 2 Option 3 Option 4 Option 5 /X/ (COMPLETE IF CHOSEN) ------------------------------------------------------------------------------------------------------------------ 1 0% 0% 100% 0% 25% 2 0% 20% 100% 0% 50% 3 0% 40% 100% 20% 75% (not less than 20%) 4 0% 60% 100% 40% 100% (not less than 40%) 5 100% 80% 100% 60% ___% (not less than 60%) 6 100% 100% 100% 80% ___% (not less than 80%) 7 100% 100% 100% 100% ___%(not less than 100%) NOTE: IF NO OPTION IS SELECTED, OPTION 3 WILL BE DEEMED TO BE SELECTED.

Appears in 1 contract

Samples: Perficient Inc

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Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows (CHOOSE ONEChoose one): ------------------------------------------------------------------------------------------------------------------ YEARS OF VESTING SERVICE VESTED PERCENTAGE VESTING SERVICE Option 1 [ ] Option 2 [ ] Option 3 [ ] Option 4 [ ] Option 5 /X/ [ ] (COMPLETE IF CHOSENComplete if Chosen) ------------------------------------------------------------------------------------------------------------------ 1 0% 0% 100% 0% 25__% 2 0% 20% 100% 0% 50__% 3 0% 40% 100% 20% 75__% (not less than 20%) 4 0% 60% 100% 40% 100__% (not less than 40%) 5 100% 80% 100% 60% ___% (not less than 60%) 6 100% 100% 100% 80% ___% (not less than 80%) 7 100% 100% 100% 100% ___%% (not less than 100%) NOTE: IF NO OPTION IS SELECTEDIf no option is selected, OPTION Option 3 WILL BE DEEMED TO BE SELECTEDwill be deemed to be selected.

Appears in 1 contract

Samples: Alloy Online Inc

Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows (CHOOSE ONEChoose one): ------------------------------------------------------------------------------------------------------------------ YEARS OF VESTED PERCENTAGE VESTING SERVICE Option 1 / / Option 2 / / Option 3 / / Option 4 / / Option 5 /X/ / / (COMPLETE IF CHOSENComplete if Chosen) ------------------------------------------------------------------------------------------------------------------ 1 0% 0% 100% 0% 25___% 2 0% 20% 100% 0% 50___% 3 0% 40% 100% 20% 75___% (not less than 20%) 4 0% 60% 100% 40% 100___% (not less than 40%) 5 100% 80% 100% 60% ___% (not less than 60%) 6 100% 100% 100% 80% ___% (not less than 8080 %) 7 100% 100% 100% 100% ___%% (not less than 100100 %) NOTE: IF NO OPTION IS SELECTEDIf no option is selected, OPTION Option 3 WILL BE DEEMED TO BE SELECTEDwill be deemed to be selected.

Appears in 1 contract

Samples: Bradford Funds Inc

Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows (CHOOSE ONEChoose one): ------------------------------------------------------------------------------------------------------------------ -------------------------------------------------------------------------------------------------------------------- YEARS OF VESTED PERCENTAGE VESTING SERVICE Option 1 [_] Option 2 [_] Option 3 [X] Option 4 [_] Option 5 /X/ [_] (COMPLETE IF CHOSENComplete if Chosen) ------------------------------------------------------------------------------------------------------------------ -------------------------------------------------------------------------------------------------------------------- 1 0% 0% 100% 0% 25________ % 2 0% 20% 100% 0% 50________ % 3 0% 40% 100% 20% 75________ % (not less than 20%) 4 0% 60% 100% 40% 100________ % (not less than 40%) 5 100% 80% 100% 60% ________ % (not less than 60%) 6 100% 100% 100% 80% ________ % (not less than 80%) 7 100% 100% 100% 100% ___%_____ % (not less than 100%) NOTE: IF NO OPTION IS SELECTEDIf no option is selected, OPTION Option 3 WILL BE DEEMED TO BE SELECTED.will be deemed to be selected

Appears in 1 contract

Samples: Nabi /De/

Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows follows: (CHOOSE ONE): ------------------------------------------------------------------------------------------------------------------ YEARS OF VESTED PERCENTAGE VESTING SERVICE choose one) Yrs. Of Vesting Option 1 Option 2 Option OPTION 3 Option 4 Option 5 /X/ Service (COMPLETE IF CHOSENcomplete if chosen) ------------------------------------------------------------------------------------------------------------------ 1 0% 0% 100% 0% 25____% 2 0% 20% 100% 0% 50____% 3 0% 40% 100% 20% 75____% (not less than 20%) 4 0% 60% 100% 40% 100____% (not less than 40%) 5 100% 80% 100% 60% ____% (not less than 60%) 6 100% 100% 100% 80% ____% (not less than 80%) 7 100% 100% 100% 100% ___%_% (not less than 100%) NOTE----- ---------------------- ---------- ---------- ---------- ----------- ---------- ------------------------ Note: IF NO OPTION IS SELECTEDIf no option is selected, OPTION Option 3 WILL BE DEEMED TO BE SELECTEDwill be deemed to be selected.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Connecticut Water Service Inc / Ct)

Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows (CHOOSE ONEChoose one): ------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ YEARS OF VESTED PERCENTAGE VESTING SERVICE Option 1 ( ) Option 2 (o) Option 3 ( ) Option 4 ( ) Option 5 /X/ ( ) (COMPLETE IF CHOSENComplete if Chosen) ------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 1 0% 0% 100% 0% 25______% 2 0% 20% 100% 0% 50______% 3 0% 40% 100% 20% 75______% (not less than 20%) 4 0% 60% 100% 40% 100______% (not less than 40%) 5 100% 80% 100% 60% ______% (not less than 60%) 6 100% 100% 100% 80% ______% (not less than 80%) 7 100% 100% 100% 100% ___%___% (not less than 100%) NOTE: IF NO OPTION IS SELECTEDIf no option is selected, OPTION Option 3 WILL BE DEEMED TO BE SELECTEDwill be deemed to be selected.

Appears in 1 contract

Samples: Ivc Industries Inc

Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows (CHOOSE ONEChoose one): ------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------- YEARS OF VESTED PERCENTAGE VESTING SERVICE Option 1 [ ] Option 2 [ ] Option 3 [ ] Option 4 [X] Option 5 /X/ [ ] (COMPLETE IF CHOSENComplete if Chosen) ------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------- 1 0% 0% 100% 0% 25% 2 0% 20% 100% 0% 50__________% 3 0% 40% 100% 20% 75__________% (not less than 20%) 4 0% 60% 100% 40% 100__________% (not less than 40%) 5 100% 80% 100% 60% __________% (not less than 60%) 6 100% 100% 100% 80% __________% (not less than 80%) 7 100% 100% 100% 100% ___%_______% (not less than 100%) NOTE: IF NO OPTION IS SELECTEDIf no option is selected, OPTION Option 3 WILL BE DEEMED TO BE SELECTED.will be deemed to be selected. --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Edelbrock Corp)

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Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows (CHOOSE ONE): ------------------------------------------------------------------------------------------------------------------ YEARS ---------------------------------------------------------------------------------------------------------------------- YERAS OF VESTED PERCENTAGE VESTING SERVICE Option 1 [ ] Option 2 [ ] Option 3 [ ] Option 4 [ ] Option 5 /X/ [ ] (COMPLETE IF CHOSENcomplete of Chosen) ------------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------- 1 0% 0% 100% 0% 2533.33% ----------- 2 0% 20% 100% 0% 5066.67% ----------- 3 0% 40% 100% 20% 75% (not 100%(not less than 20%) 4 0% 60% 100% 40% 100% (not 100%(not less than 40%) 5 100% 80% 100% 60% ___% (not 100%(not less than 60%) 6 100% 100% 100% 80% ___% (not 100%(not less than 80%) 7 100% 100% 100% 100% ___%(not 100%(not less than 100%) NOTE: IF NO OPTION IS SELECTED, OPTION 3 WILL BE DEEMED TO BE SELECTED.

Appears in 1 contract

Samples: Participation Agreement (Miami Computer Supply Corp)

Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 of the Adoption Agreement as follows (CHOOSE ONEChoose one): ------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ YEARS OF VESTED VESTING PERCENTAGE VESTING SERVICE Option 1 [_] Option 2 [_] Option 3 [_] Option 4 [_] Option 5 /X/ 5[X] (COMPLETE IF CHOSENComplete if Chosen) ------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ 1 0% 0% 100% 0% 250% 2 0% 20% 100% 0% 5025% 3 0% 40% 100% 20% 7550% (not less than 20%) 4 0% 60% 100% 40% 10075% (not less than 40%) 5 100% 80% 100% 60% ___100% (not less than 60%) 6 100% 100% 100% 80% ___100% (not less than 80%) 7 100% 100% 100% 100% ___%100% (not less than 100%) NOTE: IF NO OPTION IS SELECTEDIf no option is selected, OPTION Option 3 WILL BE DEEMED TO BE SELECTED.will be deemed to be selected

Appears in 1 contract

Samples: Nabi /De/

Vesting Schedule for Matching Contributions. A Participant shall become Vested in his or her Individual Account derived from Matching Contributions made pursuant to Section 7 5 of the Adoption Agreement as follows (CHOOSE ONEChoose one): ------------------------------------------------------------------------------------------------------------------ YEARS OF VESTED PERCENTAGE VESTING SERVICE Option 1 Option 2 Option 3 Option 4 Option 5 /X/ (COMPLETE IF CHOSENComplete if Chosen) ------------------------------------------------------------------------------------------------------------------ 1 0% 0% 100% 0% 25_________ % 2 0% 20% 100% 0% 50_________ % 3 0% 40% 100% 20% 75_________ % (not less than 20%) 4 0% 60% 100% 40% 100_________ % (not less than 40%) 5 100% 80% 100% 60% _________ % (not less than 60%) 6 100% 100% 100% 80% _________ % (not less than 80%) 7 100% 100% 100% 100% ___%______ % (not less than 100%) NOTE: IF NO OPTION IS SELECTEDIf no option is selected, OPTION Option 3 WILL BE DEEMED TO BE SELECTEDwill be deemed to be selected.

Appears in 1 contract

Samples: www.capital-invest.com

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