Common use of Xxxxxx of Forfeiture Clause in Contracts

Xxxxxx of Forfeiture. Except as provided in Plan Section 1.34, a Forfeiture will occur (if no selection is made, b. will apply): a. [ ] N/A. (May only be selected if all contributions are fully Vested; skip to Question 30.). b. [ ] As of the earlier of (1) the last day of the Plan Year in which the Former Participant incurs five (5) consecutive 1- Year Breaks in Service, or (2) the distribution of the entire Vested portion of the Participant's Account. c. [ ] As of the last day of the Plan Year in which the Former Participant incurs five (5) consecutive 1-Year Breaks in Service. d. [ ] The Plan Year in which the Forfeiture occurs. e. [ ] The Plan Year following the Plan Year in which the Forfeiture occurs.

Appears in 5 contracts

Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement

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Xxxxxx of Forfeiture. Except as provided in Plan Section 1.34, a Forfeiture will occur (if no selection is made, b. will apply): a. [ ] N/A. (May only be selected if all contributions are fully Vested; skip to Question 3034.). b. [ ] As of the earlier of (1) the last day of the Plan Year in which the Former Participant incurs five (5) consecutive 1- Year Breaks in Service, or (2) the distribution of the entire Vested portion of the Participant's Account. c. [ ] As of the last day of the Plan Year in which the Former Participant incurs five (5) consecutive 1-Year Breaks in Service. d. [ ] The Plan Year in which the Forfeiture occurs. e. [ ] The Plan Year following the Plan Year in which the Forfeiture occurs.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

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Xxxxxx of Forfeiture. Except as provided in Plan Section 1.34, a Forfeiture will occur (if no selection is made, b. will apply): a. [ ] N/A. (May only be selected if all contributions are fully Vested; skip to Question 3034.). b. [ [X] As of the earlier of (1) the last day of the Plan Year in which the Former Participant incurs five (5) consecutive 1- 1-Year Breaks in Service, or (2) the distribution of the entire Vested portion of the Participant's Account. c. [ ] As of the last day of the Plan Year in which the Former Participant incurs five (5) consecutive 1-Year Breaks in Service.. AND, the Forfeiture will be disposed of in: d. [ [X] The Plan Year in which the Forfeiture occurs. e. [ ] The Plan Year following the Plan Year in which the Forfeiture occurs.

Appears in 1 contract

Samples: Adoption Agreement (American Physicians Service Group Inc)

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