Year of continuous service. To receive credit for one Year of Service, the Participant must remain in continuous employment with the Employer (or render contract service to the Employer) for the Participant’s entire Taxable Year.
Appears in 3 contracts
Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc)
Year of continuous service. To receive credit for one Year of Service, the Participant must remain in continuous employment with the Employer (or render contract service to the Employer) for the Participant’s entire Taxable Year. ¨ (c) Service on any day. To receive credit for one Year of Service, the Participant only need be employed by the Employer (or render contract service to the Employer) on any day of the Participant’s Taxable Year.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Adoption Agreement (Landstar System Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc)
Year of continuous service. To receive credit for one Year of Service, the Participant must remain in continuous employment with the Employer (or render contract service to the Employer) for a twelve-month period, the first such period beginning on the Original Effective Date and successive periods beginning on the anniversary of such date. ☐ (c) Service on any day. To receive credit for one Year of Service, the Participant only need be employed by the Employer (or render contract service to the Employer) on any day of the Participant’s entire Taxable Year.
Appears in 1 contract
Samples: Deferred Compensation Plan Adoption Agreement (South Plains Financial, Inc.)
Year of continuous service. To receive credit for one Year of Service, the Participant must remain in continuous employment with the Employer (or render contract service to the Employer) for a twelve-month period, the Participantfirst such period beginning on theParticipant’s entire Taxable Yearinitial date of employment and successive periods beginning on the anniversary of such date.
Appears in 1 contract
Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (South Plains Financial, Inc.)
Year of continuous service. To receive credit for one Year of Service, the Participant must remain in continuous employment with the Employer (or render contract service to the Employer) for the Participant’s 's entire Taxable Year. [ ] (c) Service on any day. To receive credit for one Year of Service, the Participant only need be employed by the Employer (or render contract service to the Employer) on any day of the Participant's Taxable Year.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Adoption Agreement (DNB Financial Corp /Pa/)
