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Common use of Vesting Schedules Clause in Contracts

Vesting Schedules. For purposes of the Employer's elections under its Adoption Agreement, "6-year graded," "3-year cliff," "7-year graded" or "5-year cliff" means an Employee's Vested percentage, based on each included Year of Service, under the following applicable schedule:

Appears in 2 contracts

Samples: 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

Vesting Schedules. For purposes of the Employer's elections under its Adoption Agreement, "2 year cliff," "6-year graded," or "3-year cliff," "7-year graded" or "5-year cliff" means an Employee's Vested percentage, based on each included Year of ServiceService (as the Employer elects in its Adoption Agreement), under the following applicable schedule:

Appears in 1 contract

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp)

Vesting Schedules. For purposes of the Employer's elections under its Adoption Agreement, "6-year graded," "3-2 year cliff," "7-year 6‑year graded," "3‑year cliff," "7‑year graded" or "5-year 5‑year cliff" means an Employee's Vested percentage, based on each included Year of ServiceService (as the Employer elects in its Adoption Agreement), under the following applicable schedule:

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

Vesting Schedules. For purposes of the Employer's ’s elections under its Adoption Agreement, "6-year graded," "” “3-year cliff," "” “7-year graded" or "5-year cliff" means an Employee's ’s Vested percentage, based on each included Year of Service, under the following applicable schedule:

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)