Examples of Period of Ineligibility in a sentence
For purposes of determining the vested percentage of a Participant’s MAC Account balance, Years of Participation prior to any Period of Ineligibility will not be counted.
If a Participant has completed ten (10) consecutive years of vesting under ISOP and, if applicable, the Predecessor Plans, and has not had a complete withdrawal under such plans and has not incurred a Period of Ineligibility under such plans, then his or her Matching Account balance under ISOP shall vest on each January 1 based on the Participant’s consecutive Years of Participation on that date in accordance with the following schedule.
For purposes of determining the vested percentage of a Participant’s AMTOP Account balance, Years of Participation prior to any Period of Ineligibility will not be counted.
If a Participant has completed ten (10) consecutive years of vesting under AMTOP and has not had a complete withdrawal under ATOP and has not incurred a Period of Ineligibility under ATOP, then his or her AMTOP Account balance under AMTOP shall vest on each January 1 based on the Participant’s consecutive Years of Participation on that date in accordance with the following schedule.
For purposes of determining the vested percentage of a Participant’s Matching Account balance, Years of Participation prior to any Period of Ineligibility will not be counted.
If a Participant has completed ten (10) consecutive years of vesting under MAC and has not had a complete withdrawal under ACE and has not incurred a Period of Ineligibility under ACE, then his or her MAC Account balance under MAC shall vest on each January 1 based on the Participant’s consecutive Years of Participation on that date in accordance with the following schedule.
If a Participant has completed ten (10) consecutive years of vesting under AMTOP and five (5) additional years of vesting as outlined in Section 5.2 under AMTOP and has not had a complete withdrawal under ATOP, and has not incurred a Period of Ineligibility under ATOP, then his or her AMTOP Account balance under AMTOP shall vest one hundred percent (100%) each January 1.
For purposes of determining the vested percentage of a Participant's MAC Account balance, Years of Participation prior to any Period of Ineligibility will not be counted.
For purposes of determining the vested percentage of a Participant's AMTOP Account balance, Years of Participation prior to any Period of Ineligibility will not be counted.
If a Participant has completed ten (10) consecutive years of vesting under AMTOP and has not had a complete withdrawal under ATOP and has not incurred a Period of Ineligibility under ATOP, then his or her AMTOP Account balance under AMTOP shall vest on each January 1 based on the Participant's consecutive Years of Participation on that date in accordance with the following schedule.