Common use of Year of Service Clause in Contracts

Year of Service. Instead of 1,000 Hours of Service, an Employee earns a Year of Service upon the completion of Hours of Service during a Vesting Computation Period.

Appears in 9 contracts

Samples: 403(b) Plan Adoption Agreement, Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement, 403(b) Plan Adoption Agreement

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Year of Service. Instead of 1,000 Hours of Service, an Employee earns a Year of Service upon the completion of [must be less than 1,000] Hours of Service during a Vesting Computation Period.

Appears in 2 contracts

Samples: 401(k) Plan Adoption Agreement, Nonstandardized Prototype Profit Sharing/401(k) Plan Adoption Agreement

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Year of Service. Instead of 1,000 Hours of Service, an Employee earns a Year of Service upon the completion of [must be less than 1,000] Hours of Service during a Vesting an Eligibility Computation Period.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement

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