Examples of Eligible Agent in a sentence
If an Eligible Agent fails to make an election, such failure will be deemed an election not to become a Participant for the Plan Year.
Each Eligible Agent may elect to defer, in whole number percentages, up to 80% of his or her Monthly/Weekly Compensation.
A Plan Participant’s vested and unvested interests in any Stock Units shall be forfeited upon any termination for cause of his/her Eligible Agent Contract.
In the event of Plan termination or any discontinuance by one or more Insurers, the Committee will publish a Production Threshold for each Eligible Agent Contract for each succeeding Vesting Year, as contemplated hereby, or if no Production Threshold is published, the Production Threshold shall be that most recently published for the applicable Eligible Agent Contract.
An Eligible Agent shall become a Participant upon the filing of an election to defer Compensation and shall continue as a Participant until his or her Account has been fully paid pursuant to the provisions of Article V.