Common use of Year of Service for Vesting Clause in Contracts

Year of Service for Vesting. A Year of Service for Vesting shall be determined by the following method (check one): [ X ] (A) REGULAR METHOD. (This method must be selected if Section A.1.55(A) is checked). The number of Hours of Service which must be completed in order for a Participant to have a Year of Service for Vesting is [ 200 ] (fill in blank but not to exceed 1,000 Hours of Service).

Appears in 2 contracts

Samples: Plan and Trust Agreement (Chestnut Street Exchange Fund), Plan and Trust Agreement (RBB Fund Inc)

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Year of Service for Vesting. A Year of Service for Vesting shall be determined by the following method (check one): [ X ] (A) REGULAR METHOD. (This method must be selected if Section A.1.55(A) is checked). The number of Hours of Service which must be completed in order for a Participant to have a Year of Service for Vesting is [ 200 ] (fill in blank but not to exceed 1,000 Hours of Service). [ ] (C) N/A (Plan provides 100% immediate vesting).

Appears in 2 contracts

Samples: Plan and Trust Agreement (Temporary Investment Fund Inc), Plan and Trust Agreement (Trust for Federal Securities)

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