Common use of Year of Service Clause in Contracts

Year of Service. An Employee earns a Year of Service for vesting purposes upon completing 1,000 Hours of Service during a Vesting Computation Period. Hours of Service are calculated based on actual hours worked during the Vesting Computation Period. (See Section 1.68 of the Plan for the definition of Hours of Service.)

Appears in 7 contracts

Samples: 403(b) Plan Adoption Agreement, 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement

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Year of Service. An Employee earns a Year of Service for vesting purposes upon completing 1,000 Hours of Service during a Vesting Computation Period. Hours of Service are calculated based on actual hours worked during the Vesting Computation Period. (See Section 1.68 1.67 of the Plan for the definition of Hours of Service.)

Appears in 4 contracts

Samples: Volume Submitter Money Purchase Plan Adoption Agreement, Volume Submitter Money Purchase Plan Adoption Agreement, 401(k) Plan Adoption Agreement

Year of Service. An Employee earns a Year of Service for vesting purposes upon completing 1,000 Hours of Service during a Vesting Computation Period. Hours of Service are calculated based on actual hours worked during the Vesting Computation Period. (See Section 1.68 1.56 of the Plan for the definition of Hours of Service.)

Appears in 2 contracts

Samples: Pension Plan Adoption Agreement, Pension Plan Adoption Agreement

Year of Service. An Employee earns a Year of Service for vesting purposes upon completing 1,000 Hours of Service during a Vesting Computation Period. Hours of Service are calculated based on actual hours worked during the Vesting Computation Period. (See Section 1.68 1.71 of the Plan for the definition of Hours of Service.)

Appears in 1 contract

Samples: Volume Submitter Profit Sharing/401(k) Plan Adoption Agreement (Rayonier Advanced Materials Inc.)

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Year of Service. An Employee earns a Year of Service for vesting purposes upon completing 1,000 Hours of Service during a Vesting Computation Period. Hours of Service are calculated based on actual hours worked during the Vesting Computation Period. (See Section 1.68 1.72 of the Plan for the definition of Hours of Service.)

Appears in 1 contract

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

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