Forfeitures means any amounts forfeited pursuant to Section 4.2.
Forfeitures means the amounts forfeited by Participants and Former Participants on termination of employment prior to full vesting, pursuant to section 9.3, less amounts credited because of re-employment, pursuant to section 9.4.
Forfeitures means the nonvested portion of a Participant's benefit that is forfeited in accordance with the provisions of Article VIII.
Examples of Forfeitures in a sentence
Forfeitures are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.
Forfeitures are retained in the Plan and may first be used to pay administrative expenses.
In the event a Participant or Beneficiary is located subsequent to the Forfeiture, such benefit shall be restored, first from Forfeitures, if any, and then from an additional Employer contribution if necessary.
Forfeitures are used to cover a portion of the pension plan’s administrative expenses.
No Forfeitures will occur solely as a result of an Employee's withdrawal of Employee Contributions.
More Definitions of Forfeitures
Forfeitures means the Unvested Portion of a Member’s Account that becomes forfeited pursuant to section 8.3.
Forfeitures means the portion of a Participant’s Company Contribution Account which is forfeited because of a Break in Service in accordance with the Plan’s vesting schedule.
Forfeitures means the amount of wages, penalties, and forfeitures assessed by the LVMWD and proposed to be withheld pursuant to Labor Code section 1771.6(a), and includes the following: (1) the difference between the prevailing wage rates and the amount paid to each worker for each calendar day or portion thereof for which each worker was paid less than the prevailing wage rate by the contractor or subcontractor; and (2) penalties assessed under Labor Code Sections 1775, 1776 and 1813.
Forfeitures means, with respect to a Participant who incurs a Termination of Employment, the amount of the Participant's Options that is not vested and as a result forfeited by the Participant. Such Forfeitures shall become the property of the Company.
Forfeitures means the amounts forfeited by Members and Former Members on termination of employment prior to full vesting, pursuant to section 9.3, less amounts credited because of re-employment, pursuant to section 9.4.
Forfeitures means amount forfeited under Rule 8.3, Rule 9.2 or otherwise.
Forfeitures means those portions of Accounts which are forfeited as described in sections 5.4 and 11.13.