Year Retention Sample Clauses

Year Retention. No stock or uninvested cash allocated to a participant's account may be distributed from that account before the end of eighty-four (84) months beginning after the month in which the stock and uninvested cash is allocated to the account, except in the case of separation from employment for death or any other reason, or except in the case of a participant who has become disabled and is receiving benefits from the Kansas City Life or Sunset Life Disability Plans. Notwithstanding the foregoing, commencing January 1, 1988, if an employee shall continue in the Company's employment after his or her sixty-fifth (65th) birthday, and commencing January 1, 1998, after his or her sixtieth (60th) birthday (normal retirement date), such employee shall commence to receive distributions as defined in the Internal Revenue Code on the earlier of his termination of employment with the Company or April 1st of the year following the calendar year in which he or she attains the age of seventy and one-half (70 1/2). Effective January 1, 1989, the minimum distribution and the minimum distribution incidental benefit requirements of Internal Revenue Proposed Regulations 1.401(a)(9)-1 and 1.401(a)(9)-2 are hereby incorporated by reference. Effective January 1, 1997, for par- ticipants other than a five percent (5%) owner of the Company, distributions shall commence no later than April 1st of the calendar year following the later of:
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Year Retention. Company shall maintain all records related to this Agreement for five
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Year Retention. Long term data retention with a multipurpose cloud archive for compliance, case review and restoration of email. Data will be stored for up to 99 years, deleted at the end of the Individual Term. The Customer may request to migrate data before the end of the Individual Term.
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Year Retention. Search and restoration of email over a one year period in the event of accidental deletion or malicious attack. Data will be deleted at the end of the Individual Term. The Customer may request to migrate data before the end of the Individual Term.
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Year Retention. Subrecipient shall maintain all records related to this Subaward Agreement and the administration of the program for five (5) years after the County makes final payment hereunder and all other pending matters are closed. If any litigation, claim, negotiation, audit, or other action involving the records has been started before the expiration of the five (5) year period, the Subrecipient shall retain the records until completion of the action and all issues which arise from it or until the end of the five (5) year period, whichever is later.
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Related to Year Retention

  • Period of Retention All books, records, reports, and statements relevant to this Contract must be retained a minimum three years and for five years if any federal funds are used under this Contract. The retention period runs from the date of payment for the relevant goods or services by the City, or from the date of termination of this Contract, whichever is later. Retention time shall be extended when an audit is scheduled or in progress for a period reasonably necessary to complete an audit and/or to complete any administrative and judicial litigation which may ensue.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • Performance Expectations The Charter School’s performance in relation to the indicators, measures, metrics and targets set forth in the CPF shall provide the basis upon which the SCSC will decide whether to renew the Charter School’s Charter Contract at the end of the charter term. This section shall not preclude the SCSC from considering other relevant factors in making renewal decisions.

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

  • Performance Condition Notwithstanding the vesting schedule stated in the Award Notification, your Restricted Shares shall not vest unless the Company achieves positive Adjusted Net Earnings in any fiscal year during the term of the Award. “Adjusted Net Earnings” means net earnings determined in accordance with GAAP as publicly reported by the Company for a fiscal year, adjusted to eliminate the following: (1) the cumulative effect of changes in GAAP; (2) gains and losses from discontinued operations; (3) extraordinary gains or losses; and (4) any other unusual or nonrecurring gains or losses which are separately identified and quantified, including merger related charges.