Common use of Years of Vesting Service Clause in Contracts

Years of Vesting Service. A Year of Vesting Service is the 12 consecutive month period specified in the Adoption Agreement in which an Employee performs at least 1000 Hours of Service unless a lesser number is specified. For this purpose, the computation period shall be: (Select a., b., c. or d.) ☐ a. The Plan Year ☐ b. The Eligibility Computation Period selected at Part II.A.3 ☐ c. The 12-month period ending on the Participant's employment anniversary date ☐ d. The calendar year ending with or within the Plan Year. In lieu of 1,000 Hours of Service, the Participant's service shall be:

Appears in 2 contracts

Samples: Volume Submitter Adoption Agreement, Volume Submitter Adoption Agreement

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Years of Vesting Service. A Year of Vesting Service is the 12 consecutive month period specified in the Adoption Agreement in which an Employee performs at least 1000 Hours of Service unless a lesser number is specified. For this purpose, the computation period shall be: (Select a., b., c. c., or d.) ☐ ) a. The Use the Plan Year ☐ Year b. The Use Eligibility Computation Period selected at Part II.A.3 ☐ II.A.3. c. The 12-12 month period ending on the Participant's ’s employment anniversary date ☐ date d. The calendar year ending with or within the Plan Year. In lieu of 1,000 Hours of Service, the Participant's ’s service shall be: e. Hours of Service (not to exceed 1000 hours). f. Determined under the Elapsed Time Method using the following measure. f.1. exact dates. f.2. credit full month for each calendar month in which at least one Hour of Service is earned.

Appears in 1 contract

Samples: Adoption Agreement for Defined Benefit Pension Plan

Years of Vesting Service. A Year of Vesting Service is the 12 consecutive month period specified in the Adoption Agreement in which an Employee performs at least 1000 Hours of Service unless a lesser number is specified. For this purpose, the computation period shall be: (Select a., b., c. c., or d.) ☐ a. The Use the Plan Year ☐ b. The Use Eligibility Computation Period selected at Part II.A.3 II.A.3. ☐ c. The 12-12 month period ending on the Participant's ’s employment anniversary date ☐ d. The calendar year ending with or within the Plan Year. In lieu of 1,000 Hours of Service, the Participant's ’s service shall be:

Appears in 1 contract

Samples: Volume Submitter Adoption Agreement

Years of Vesting Service. A Year of Vesting Service is the 12 consecutive month period specified in the Adoption Agreement in which an Employee performs at least 1000 Hours of Service unless a lesser number is specified. For this purpose, the computation period shall be: (Select a., b., c. c., or d.) ☐ a. The Use the Plan Year ☐ b. The Use Eligibility Computation Period selected at Part II.A.3 II.A.3. ☐ c. The 12-12 month period ending on the Participant's ’s employment anniversary date ☐ d. The calendar year ending with or within the Plan Year. In lieu of 1,000 Hours of Service, the Participant's service shall be:SAMPLE

Appears in 1 contract

Samples: Adoption Agreement

Years of Vesting Service. A Year of Vesting Service is the 12 consecutive month period specified in the Adoption Agreement in which an Employee performs at least 1000 Hours of Service unless a lesser number is specified. For this purpose, the computation period shall be: (Select a., b., c. or d.) ☐ a. The Plan Year ☐ b. The Eligibility Computation Period selected at Part II.A.3 ☐ c. The 12-month period ending on the Participant's employment anniversary date ☐ d. The calendar year ending with or within the Plan Year. In lieu of 1,000 Hours of Service, the Participant's service shall be:)

Appears in 1 contract

Samples: Volume Submitter Adoption Agreement

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Years of Vesting Service. A Year of Vesting Service is the 12 consecutive month period specified in the Adoption Agreement in which an Employee performs at least 1000 Hours of Service unless a lesser number is specified. For this purpose, the computation period shall be: (Select a., b., c. or d.) ☐ ) X a. The Plan Year ☐ b. The Eligibility Computation Period selected at Part II.A.3 ☐ c. The 12-month period ending on the Participant's employment anniversary date ☐ d. The calendar year ending with or within the Plan Year. In lieu of 1,000 Hours of Service, the Participant's service shall be:

Appears in 1 contract

Samples: Adoption Agreement (Eureka Financial Corp.)

Years of Vesting Service. A Year of Vesting Service is the 12 consecutive month period specified in the Adoption Agreement in which an Employee performs at least 1000 Hours of Service unless a lesser number is specified. For this purpose, the computation period shall be: (Select a., b., c. or d.) ☐ a. The Plan Year ☐ b. The Eligibility Computation Period selected at Part II.A.3 ☐ c. The 12-month period ending on the Participant's employment anniversary date ☐ d. The calendar year ending with or within the Plan Year. In lieu of 1,000 Hours of Service, the Participant's service shall be: ☐ e. Hours of Service (not to exceed 1000)

Appears in 1 contract

Samples: Adoption Agreement

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