Participation Year. A period beginning with one Participation Anniversary and ending the day before the next Participation Anniversary, except for the first Participation Year that begins with the Participation Date.

Participation Year means, with respect to the Participant, the twelve-month period starting on (i) the Participation Date and (ii) each anniversary of the Participation Date, unless we agree to another period.

Participation Year means with respect to any Participant, any Plan Year in which a Participant is at any time during such year a Participant. Notwithstanding the previous sentence, “Participation Year” shall not include any years prior to the first Plan Year in which a Participant actually has any amount deferred under this Plan.

Examples of Participation Year in a sentence

End of Participation Year Charge ------------------ ------ (Participation Date) 6.0% 1 5.0% 2 4.0% 3 3.0% 4 2.0% 5 1.0% 6 0% In no event will the amount of deferred sales charge exceed 9% of the total purchase payments made on your behalf.
The Pre-Retirement Distribution may not be made prior to the eighth (8th) Participation Year.
A Participant may elect to receive a Pre-Retirement Distribution from the Plan to be received in or after the eighth Participation Year.
If a Participant has a Separation from Service for any reason during the Participation Year for which Compensation that is in the form of Salary or Director Fees is to be deferred, no further deferrals shall be made for that Participation Year on and after the date of such Separation from Service.
The amount of the Pre-Retirement Distribution shall be any amount not to exceed the electing Participant’s Account Balance at the end of the Participation Year prior to the Participation Year selected on the Election Form for the distribution.

More Definitions of Participation Year

Participation Year means (i) with respect to Compensation in the form of a Bonus, the Plan Year during which the Bonus would have been paid if not deferred, (ii) with respect to Compensation in the form of salary, the Plan Year during which a Participant performs services for the Employer for a salary, and (iii) with respect to Compensation in the form of a Director's meeting attendance fees and a Director's retainer fee, the Plan Year during which a Participant performs services for the Company or a Subsidiary for such fees.

Participation Year means the period from the Start Date until the expiry of the first Calendar Year, and each subsequent Calendar Year thereafter during the Participation Period.

Participation Year means a Plan Year commencing on or after January 1, 2009 during which (i) with respect to Compensation in the form of a Bonus, the Bonus would have been paid to the Participant if not deferred; (ii) with respect to Compensation in the form of Salary, a Participant performs services for the Employer for a Salary; and (iii) with respect to Compensation in the form of Director Fees, a Participant performs services as a member of the Board for such fees.

Participation Year means the end of the twelfth full month following the Effective Date as that date is defined in the AFP Max-Plan™ Acknowledgement and Certification Agreement, and each full subsequent year thereafter to each anniversary of the Effective Date.

Participation Year means a calendar year within the PSV Initial or Renewal Term.

Participation Year means (i) with respect to Compensation in the form of a Bonus, the Plan Year

Participation Year. The twelve months' term that begins on the Member Starting Date and each such twelve months' term after that.