Vested Interest definition

Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.

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Vested Interest means the portion of a Participant’s, former Participant’s or Former BJS Participant’s Accounts which, pursuant to the Plan, is nonforfeitable.

Vested Interest means the portion, if any, of an Award that is vested in accordance with Article V.

Examples of Vested Interest in a sentence

Vested Interest Employees do not have a right to SUB payments except for supplementation of benefits during the unemployment period as specified in the plan.
Vested Interest - Employees do not have a right to SUB payments except for supplementation of E.I. benefits during the unemployment period as specified in the plan.
Vested Interest – Employees do not have a right to SUB payments except for supplementation of E.I. benefits during the unemployment period as specified in the plan.
Subject to Section 5.17 of the Basic Plan, a Participant who has not reached Normal Retirement Age and has not Terminated Employment with the Employer can withdraw all or any portion of his or her Vested Interest in the account or accounts selected below.
Vested Interest - Employees do not have a right to SUB payments except for supplementation of employment insurance benefits during the unemployment period as specified in the plan.

More Definitions of Vested Interest

Vested Interest means any interest which,

Vested Interest or “Vested Accrued Benefit” shall mean the portion of a Participant’s Accrued Benefit that is non-forfeitable.

Vested Interest means a Grantee's nonforfeitable interest in his Award determined under the terms of his Award Agreement.

Vested Interest means the amount of benefit to which a member has a nonforfeitable right in accordance with the provisions of this Act.

Vested Interest means any of the following:

Vested Interest means the portion of the Participant’s applicable benefit under the Plan that is nonforfeitable.

Vested Interest means, as of any date, the amount equal to a fixed, non-forfeitable percentage of a Participant’s Account balance or contribution as determined pursuant to section 8.3(b).