Eligibility Year of Service definition

Eligibility Year of Service means an Eligibility Computation Period during which an Employee completes one thousand (1,000) or more Hours of Service.
Eligibility Year of Service means a Period of Service of three hundred sixty-five (365) days, commencing with an Employee’s Date of Employment, or, if applicable, an Employee’s Date of Reemployment, subject to the provisions of Section 3.02 hereof.
Eligibility Year of Service means an Employment Period during which such Employee performs one thousand (1,000) or more Hours of Service. For purposes of determining an Employee's Eligibility Year of Service, the initial "Employment Period" to be used shall be the twelve (12) consecutive month period beginning on an Employee's Date of Employment and thereafter the Plan Year, beginning with the Plan Year within which occurs the Employee's first anniversary of his Date of Employment. Any Employee who is credited with one thousand (1,000) or more Hours of Service with any Affiliated Company in either the initial twelve (12) month period beginning on such Employee's Date of Employment or the Plan Year within which such initial twelve (12) month period ends, shall be credited with an Eligibility Year of Service. For purposes of determining an Employee's Eligibility Year of Service, an Employee, upon completion of an Hour of Service for an Employer, shall receive credit for service with any club which is not an Affiliated Company but which is a club managed by the Company or a club which the Company manages or owns pursuant to a joint venture with another entity, but only for service while such club is managed or partially owned.

Examples of Eligibility Year of Service in a sentence

  • If more than 1 Eligibility Year of Service is required, Participants must be 100% immediately vested.

  • For Employer Discretionary Contributions, in order to be credited with an Eligibility Year of Service, an Employee shall complete [....] (not to exceed 1,000) Hours of Service.

  • Such Eligibility Year of Service will be measured by the twelve (12) consecutive month period beginning on the Employee's Re-Employment Commencement Date and, if necessary, subsequent twelve (12) consecutive month periods beginning on anniversaries of the Re-Employment Commencement Date.

  • In order to be credited with an Eligibility Year of Service, an Employee shall complete [.

  • If a former Participant completes an Eligibility Year of Service in accordance with this provision, such Participant's participation will be reinstated as of the Re-Employment Commencement Date.


More Definitions of Eligibility Year of Service

Eligibility Year of Service means an Eligibility Computation Period in which an Employee completes at least 1,000 Hours of Service.
Eligibility Year of Service of an Employee means: (i) initially, the twelve (12) month period beginning with the date the Employee first performed an Hour of Service in Employment and during which he or she completes at least one thousand (1,000) Hours of Service, and (ii) if the Employee does not complete at least 1,000 Hours of Service during such initial period, the first Plan Year that commences after the Plan Year in which the Employee first performed an Hour of Service and during which he or she completes at least one thousand (1,000) Hours of Service.
Eligibility Year of Service means the twelve (12) month period, commencing with the later of (a) the date an Employee first performs an Hour of Service for an Employer or an Affiliated Company (whether or not it is a Participating Employer), and (b) the date specified in column 1 of Exhibit A hereto, during which he completes at least 1,000 Hours of Service, or if he does not complete 1,000 Hours of Service during such twelve (12) month period, then the first Plan Year ending thereafter in which he does complete 1,000 Hours of Service. Eligibility Years of Service shall include leaves of absence granted by an Employer or an Affiliated Company to an Employee on and after August 5, 1993 pursuant to the Family and Medical Leave Act, if the Employee returns to work for an Employer or an Affiliated Company at the end of such leave of absence.
Eligibility Year of Service means a twelve (12) consecutive --------------------------- month period, beginning on the Employee's Employment Commencement Date or Reemployment Commencement Date and subsequent anniversaries of that date, during which the Employee has completed at least one thousand (1,000) Hours of Service.
Eligibility Year of Service means the twelve (12) month period, commencing with the later of (a) the date an Employee first
Eligibility Year of Service. A 12 consecutive month period during which the Employee completes at least 1,000 Hours of Service (as defined in A-1.38 of the Adoption Agreement). The initial eligibility period shall be the 12 consecutive month period commencing on the date the Employee first performs an Hour of Service for the Employer. The succeeding 12 consecutive month period must commence with the first Plan Year which commences prior to the first anniversary of the Employee's initial eligibility computation period regardless of whether the Employee is entitled to be credited with 1,000 Hours of Service during his initial eligibility computation period. An Employee who is credited with 1,000 Hours of Service in both the initial eligibility computation period and the first Plan Year which commences prior to the first anniversary of the Employee's initial eligibility computation period must be credited with two Years of Service for purposes of eligibility.
Eligibility Year of Service means the Eligibility Computation Period during which the Employee performs one thousand (1,000) or more Hours of Service. Eligibility Years of Service shall include an Employee's prior service with Delaware Management Company, Inc. or any Entity required to be aggregated with Delaware Management Company, Inc. under Sections 414(b) or(c) of the Code.