Years of Service Only Band Formula Sample Clauses

Years of Service Only Band Formula. Enter the starting allocation rate in the first blank, and the allocation rates for each Year-of-Service-only band in the seven (7) blanks below. The schedule of allocation rates must have regular intervals such that each band, other than the first band and the band associated with the highest Years of Service, is the same length. The allocation rate for each band must be greater than the allocation rate for the immediately preceding band [i.e., the band with the next lower number of Years of Service but by no more than five (5) percentage points]. However, the ratio of the allocation rate for any band to the rate for the immediately preceding band must not exceed 2.0 and also must not exceed the ratio of allocation rates between the two (2) immediately preceding bands. Years of Service only Bands commence with less than one (1) Year of Service as the first allocation rate bands with an allocation rate of %. Subsequent allocation rate bands are as follows: At least one but less than 5 Years of Service with an allocation rate of %, At least 5 but less than 10 Years of Service with an allocation rate of %, At least 10 but less than 15 Years of Service with an allocation rate of %, At least 15 but less than 20 Years of Service with an allocation rate of %, At least 20 but less than 25 Years of Service with an allocation rate of %, At least 25 but less than 30 Years of Service with an allocation rate of %, At least 30 Years of Service with an allocation rate of %.
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Related to Years of Service Only Band Formula

  • Years of Service A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.

  • PERIOD OF SERVICE The Grant Services will commence on the Start Date and shall expire on the End Date as set forth in the SUMMARY PAGE.

  • Hours of Service The minimum number of Hours of Service an Employee must complete during a vesting computation period to receive credit for a Year of Service is: (Choose (c) or (d)) [X] (c) 1,000 Hours of Service.

  • Year of Service An Employee must complete at least Hours of Service during a Vesting Computation Period to receive credit for a Year of Service under Article V. [Note: The number may not exceed 1,000. If left blank, the requirement is 1,000.]

  • Terms of Service FINAL PAGE

  • Credited Service In addition to Current Credited Service the Adopting Employer may include as Credited Service the following types of service:

  • Term of Service Except as otherwise provided in this Agreement, Atlas shall serve as the Managing General Partner of the Partnership until either it:

  • Grades of Service The Parties shall initially engineer and shall monitor and augment all trunk groups consistent with the Joint Process as set forth in Section 14.1 of this Attachment.

  • Type of Service Answer all questions:

  • Verification of Employment Eligibility By executing this Agreement, Consultant verifies that it fully complies with all requirements and restrictions of state and federal law respecting the employment of undocumented aliens, including, but not limited to, the Immigration Reform and Control Act of 1986, as may be amended from time to time, and shall require all subconsultants and sub-subconsultants to comply with the same.

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