Years of Eligibility Service. NOTE: If more than 1 year is selected, the immediate 100% vesting schedule of Section 5, Option C will automatically apply. If left blank, the Years of Eligibility Service required will be deemed to be 0. #713(12/90)L90 1000 Xxxxxxxxx Xxxxxxxx, Xxx., Xxxxxxxx, XX 00000 Part B. Age Requirement: An Employee will be eligible to become a Participant in the Plan after attaining age (no more than 21). NOTE: If left blank, it will be deemed there is no age requirement for eligibility.
Years of Eligibility Service. NOTE: If left blank, the Years of Eligibil- ity Service required will be deemed to be 0.
Years of Eligibility Service. The Employee has 1 Year of Service. (Enter not more than "one.")
Years of Eligibility Service. NOTE: If either item 1 or item 2 is left blank, it shall be deemed that there are no Age and Years of Eligibility Service requirements. If a fraction is selected, an Employee will not be required to complete any specified number of Hours of Service to receive credit for a fractional year. If more than one year is selected by the Employer, all contributions shall be 100% Vested.
Years of Eligibility Service. If the Employer elects in the Adoption Agreement to determine Years of Eligibility Service on the basis of an Employee's number of Hours of Service, an Eligibility Testing Period during which an Employee completes at least 1,000 Hours of Service (or a lesser number of Hours of Service indicated in the Adoption Agreement). If the period of eligibility service selected in the Adoption Agreement is or includes a fractional year, an Employee will not be required to complete any specified number of Hours of Service to receive credit for such fractional year. If the Employer elects in the Adoption Agreement to determine Years of Eligibility Service on the basis of elapsed time, each 12-consecutive month period of employment with the Employer (or fraction thereof), beginning on his or her employment commencement date or reemployment commencement date, as applicable, or on an anniversary of such date, during which the Employee does not have a Break in Eligibility Service. An Employee's employment or reemployment commencement date is the first day the Employee performs an Hour of Service. Fractional periods of a year will be expressed in terms of days. Service by the Employee with any Affiliated Company will be credited to the Employee. Years of Eligibility Service include certain specified periods of service with predecessor employers, as indicated in the Adoption Agreement. However, if the Employer is maintaining this Plan as a plan of a predecessor employer (as defined in Section 411 of the Code), Years of Eligibility Service include periods of service with that predecessor employer.
Years of Eligibility Service. NOTE: If more than 1 year is selected for Item 2, the immediate 100% vesting schedule of Section 12 will automatically apply for contributions described in such item. If either item is left blank, the Years of Eligibility Service required for such item will be deemed to be 0. If a fraction is selected, an Employee will not be required to complete any specified number of Hours of Service to receive credit for a fractional year. If a single Entry Date is selected in Section 4, Part F for an item, the Years of Eligibility Service required for such item cannot exceed 1.5 (.5 for Elective Deferrals).
Years of Eligibility Service. The Employee must complete (check one box): One Year of Eligibility Service.
Years of Eligibility Service. [You can require less than or more than one Year of Eligibility Service, but not more than two. If you select more than one Year of Eligibility Service, the Employee must be 100% vested once he becomes eligible, and you must select vesting schedule B in Article XI of this Adoption Agreement. If the Year of Eligibility Service is or includes a fractional year, an Employee will not be required to complete any specified number of Hours of Service (section IV.A of this Adoption Agreement) to receive credit for such fractional year.]
