Service Computation Period definition

Service Computation Period means the 12-month period used for determining an Employee’s years of Service and years of Credited Service.
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Service Computation Period means, for purposes of determining Years of Service and One-Year Breaks for vesting purposes: (Complete only if the hour-counting method is elected in Item 35.) [ ] the Plan Year, or [x] the 12 consecutive month period beginning on an Employee's Employment Commencement Date or on an anniversary thereof.
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Service Computation Period means a 12-consecutive-month period beginning with the Participant’s Employment Commencement Date and each succeeding 12-consecutive month period.
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Examples of Service Computation Period in a sentence

  • With respect to Project Employees, any Project Employee who is credited with at least 1,000 Hours of Service in his initial Service Computation Period (or in any subsequent Service Computation Period) shall become a Participant on the first day of the month occurring on or following the completion of such requirement in such Computation Period.

  • Notwithstanding the preceding, effective January 1, 2005, with respect to Project Employees, any Project Employee who is credited with at least 1,000 Hours of Service in his initial Service Computation Period (or in any subsequent Service Computation Period) shall become a Participant on the first day of the month occurring on or following the completion of such requirement in such Computation Period.

  • Service Computation Period" means, for eligibility purposes: (Complete only if the hour-counting method is elected in Item 35.) [x] the 12 consecutive month period beginning on an Employee's Employment Commencement Date or on an anniversary thereof; or [ ] the 12 consecutive month period beginning on an Employee's Employment Commencement Date and, thereafter in all cases, each Plan Year, beginning with the Plan Year containing the first anniversary of such Employment Commencement Date.

  • Upon his incurring five consecutive One-Year Breaks-in-Service, the forfeitable portion of a Participant's separate account and Profit Sharing Account shall be forfeited as of the end of the Service Computation Period during which the Participant incurred his fifth such consecutive One-Year Break-in-Service if not forfeited earlier pursuant to the provisions of Section 8.6. VIII-3 Death Benefits 9.1 Death Benefits.

  • An Employee shall be credited with a year of Eligibility Service for each Service Computation Period for which he is credited with at least 1,000 Hours of Service.For purposes of determining an Employee’s Eligibility Service hereunder, employment with an Employer in a capacity other than as an Employee or with an Affiliated Company shall be treated as employment with an Employer as an Employee.

  • For purposes of determining a Participant's Years of Vesting Service, Computation Period shall mean the Plan Year.

  • A “Break in Service” with respect to any Employee means any Service Computation Period during which he completes fewer than 501 Hours of Service, except that no Employee shall incur a Break in Service solely by reason of temporary absence from work not exceeding 12 months resulting from illness, layoff, or other cause if authorized in advance by an Employer pursuant to its uniform leave policy, if his employment is not otherwise terminated during the period of such absence.

  • The Service Computation Period for determining an Employee's years of Service and years of Credited Service is the Plan Year.

  • For purposes of determining a Participant's Years of Eligibility Service, Computation Period with respect to a participant shall mean a twelve consecutive month period, beginning on the Participant Employment Commencement Date, and on each anniversary of that date.


More Definitions of Service Computation Period

Service Computation Period means, for eligibility purposes: (Complete only if the hour-counting method is elected in Item 35.) [X] the 12 consecutive month period beginning on an Employee's Employment Commencement Date or on an anniversary thereof; or [ ] the 12 consecutive month period beginning on an Employee's Employment Commencement Date and, thereafter in all cases, each Plan Year, beginning with the Plan Year containing the first anniversary of such Employment Commencement Date. 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 Employment Commencement Date will be credited with two Years of Service for purposes of eligibility to participate.
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Service Computation Period means the period of twelve consecutive months commencing on an Employee's Employment Date or any anniversary thereof.
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Service Computation Period means, for eligibility purposes: (Complete only if the hour-counting method is elected in Item 42.) the 12 consecutive month period beginning on an Employee's Employment Commencement Date or on an anniversary thereof; or
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Service Computation Period means the 12-month period used for determining an Employee’s years of Service. The Service Computation Period for determining an Employee’s years of Service is the 12-consecutive month period beginning on the date he first completes an Hour of Service and anniversaries of that date.
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Service Computation Period means the consecutive 12-month period beginning on the date on which the Employee’s employment commenced and each anniversary thereof; provided, however, that for any Employee who has incurred a Break in Service and whose years of Vesting Service before said Break in Service are not taken into account hereunder, the Service Computation Period shall be the consecutive 12-month period commencing on the first date on which such Employee completes an Hour of Service following the last computation period in which a Break in Service has occurred and each anniversary thereof.
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Related to Service Computation Period

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • Eligibility Computation Period means a 12-consecutive month period beginning with your first day of employment. Any succeeding Eligibility Computation Period will then switch to the Plan Year, beginning with the Plan Year that includes your first anniversary of employment. You will generally earn an hour of service for each hour you are paid for the performance of duties for the Company (however, numerous exceptions and special rules apply).

  • Reconciliation Period is each calendar month.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Previously Absent Financial Maintenance Covenant means, at any time, any financial maintenance covenant that is not included in the Loan Documents at such time.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Computation Date is defined in Section 2.04.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Allocation Period means the period (a) commencing on the date hereof or, for any Allocation Period other than such first Allocation Period, the day following the end of a prior Allocation Period and (b) ending (A) on the last day of each Fiscal Year, (B) on the day preceding any day in which an adjustment to the Book Value of the C.V.’s properties pursuant to clause (b)(i), (ii), (iii) or (v) of the definition of Book Value occurs, (C) immediately after any day in which an adjustment to the Book Value of the C.V.’s properties pursuant to clause (b)(iv) of the definition of Book Value occurs, or (D) on any other date determined by the Managing Partner.

  • Post-Deconsolidation Period means any Tax Period beginning after the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Deconsolidation Date.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Notification Period means a set period of time between the submittal of a Notice of Intent and the beginning of lead - based paint abatement activities (including all on-site worksite preparation).

  • Mediation Period shall have the meaning set forth in Section 10.2.

  • Certification period means the period for which an individual is certified eligible for a program.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Pre-Deconsolidation Period means any Tax Period ending on or before the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Deconsolidation Date.

  • Examination Period means the last ten reporting cycles including the reporting cycle in which the involuntary examination is commenced except for instruments evidencing ownership, or rights to them or funds paid toward the purchase of them, or any dividend, capital credit, profit, distribution, interest, or payment on principal or other sum, held or owed by a holder, including funds deposited with a fiscal agent or fiduciary for payment of them, or pertaining to debt of a publicly traded corporation.