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Common use of Vesting Schedules Clause in Contracts

Vesting Schedules. [X] (a) 100% vesting immediately upon participation in the Plan. (Frozen Profit Sharing) MC [X] (b) Five-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% Years of Service 1 2 3 4 5 [ ] (c) Seven-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% Years of Service 3 4 5 6 7 [ ] (d) Six-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% Years of Service 2 3 4 5 6 [ ] (e) Three-Year Cliff Schedule: Vested Percentage 0% 100% Years of Service 0-2 3 [ ] (f) Five-Year Cliff Schedule: Vested Percentage 0% 100% Years of Service 0-4 5 [ ] (g) Other Schedule (must be at least as favorable as Seven-Year Graded Schedule or Five-Year Cliff Schedule): (i) Vested Percentage ___% ___% ____% ___% ___% (ii) Years of Service ___ ___ ____ ___ ___

Appears in 1 contract

Samples: 401(k) and Profit Sharing Plan Agreement (Ico Inc)

Vesting Schedules. [X] (a) 100% vesting immediately upon participation in the Plan. (Frozen Profit Sharing) MC [X[ ] (b) Five-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% Years of Service 1 2 3 4 5 [ ] (c) Seven-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% Years of Service 3 4 5 6 7 [ ] (d) Six-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% Years of Service 2 3 4 5 6 [ ] (e) Three-Year Cliff Schedule: Vested Percentage 0% 100% Years of Service 0-2 3 [ ] (f) Five-Year Cliff Schedule: Vested Percentage 0% 100% Years of Service 0-4 5 [ ] (g) Other Schedule (must be at least as favorable as Seven-Year Graded Schedule or Five-Year Cliff Schedule): (i) Vested Percentage ___% ___% __% __% ___% ___% (ii) Years of Service ___ ___ ____ ___ ___

Appears in 1 contract

Samples: 401(k) and Profit Sharing Plan Agreement (Conley Canitano & Associates Inc)

Vesting Schedules. [X] X/ (a) 100% vesting immediately upon participation in the Plan. (Frozen Profit Sharing) MC [X] / / (b) Five-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% --- --- --- --- ---- Years of Service 1 2 3 4 5 [ ] / / (c) Seven-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% --- --- --- --- ---- Years of Service 3 4 5 6 7 [ ] / / (d) Six-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% --- --- --- --- ---- Years of Service 2 3 4 5 6 [ ] / / (e) Three-Year Cliff Schedule: Vested Percentage 0% 100% Years of Service 0-2 3 [ ] --- ---- / / (f) Five-Year Cliff Schedule: Vested Percentage 0% 100% Years of Service 0-4 5 [ ] --- ---- / / (g) Other Schedule (must be at least as favorable as Seven-Year Graded Schedule or Five-Year Cliff Schedule): (i) Vested Percentage ___% ___% __% __% ___% ___% (ii) Years of Service ___ ___ ____ ___ ___

Appears in 1 contract

Samples: 401(k) and Profit Sharing Plan Agreement (Hunter Group Inc)

Vesting Schedules. [X] (a) 100% vesting immediately upon participation in the Plan. (Frozen Profit Sharing) MC [X] . (b) Five-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% --- --- --- --- ---- Years of Service 1 2 3 4 5 [ ] _____ (c) Seven-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% --- --- --- --- ---- Years of Service 3 4 5 6 7 [ ] _____ (d) Six-Year Graded Schedule: Vested Percentage 20% 40% 60% 80% 100% --- --- --- --- ---- Years of Service 2 3 4 5 6 [ ] _____ (e) Three-Year Cliff Schedule: Vested Percentage 0% 100% Years of Service 0-2 3 [ ] --- ---- _____ (f) Five-Year Cliff Schedule: Vested Percentage 0% 100% Years of Service 0-4 5 [ ] --- ---- X _____ (g) Other Schedule (must be at least as favorable as Seven-Year Graded Schedule or Five-Year Cliff Schedule): (i) Vested Percentage 0% 100% ___% ___% ____% ___% ___%--- ---- (ii) Years of Service 0-4 5 ___ ___ ____ ___ ___--- ----

Appears in 1 contract

Samples: 401(k) and Profit Sharing Plan Agreement (Environmental Elements Corp)