Year of Service definition

Year of Service means the computation period of twelve (12) consecutive months, herein set forth, during which an Employee has at least 1000 Hours of Service.

Year of Service means a full twelve-month period, measured from the date of an Award and each annual anniversary of that date, during which a Participant has not terminated Continuous Service for any reason.

Year of Service means an eligibility computation period during which the Employee completes not less than the number of Hours of Service specified in the Employer's Adoption Agreement. The initial eligibility computation period is the first 12 consecutive month period measured from the Employment Commencement Date. The Plan measures succeeding eligibility computation periods in accordance with the option selected by the Employer in its Adoption Agreement. If the Employer elects to measure subsequent periods on a Plan Year basis, an Employee who receives credit for the required number of Hours of Service during the initial eligibility computation period and during the first applicable Plan Year will receive credit for two Years of Service under Article II. "Employment Commencement Date" means the date on which the Employee first performs an Hour of Service for the Employer. If the Employer elects a service condition under Adoption Agreement Section 2.01 based on months, the Plan does not apply any Hour of Service requirement after the completion of the first Hour of Service.

Examples of Year of Service in a sentence

• The above paragraph does not apply to Parks and Recreation Facilities (e.g. Bell and Arenas, Civic Square, Employees shall be entitled to vacation leaves, with pay on the following basis: During Year of Service Accrue at rate of days per month to a maximum of working days per year.

• Table 13: St. Xxxxx Top 20 US O&D Passenger Markets In Lafayette’s Last Full Year of Service Calendar Year 2003 2,180 0.67 0.67 2.99 Los Angeles Baltimore Kansas City Phoenix Seattle Austin 64 64 0.62 San Francisco Dallas/Ft. Worth 490 490 470 470 450 450 430 720 0.

• Less Than One Year of Service All employees with less than one (1) year of service shall receive one (1) day paid vacation for each month of service.

• During 13th Year of Service During 14th Year of Service During 15th Year of Service During 16th Year of Service During 17th Year of Service During Year of Service During 19thYear of Service During Year of Service During Year of Service During Year of Service During Year of Service During 24th Year of Service During 25th Year of Service During 26th and Subsequent Years of Service Accrue at rate of 8/12 days per month to a maximumof working days per year.

• Full-time employees covered by this Agreement shall accrue paid vacation leave on the following scheduled basis: Year of Service Hours Per Year Monthly Accrual 0-5 80 6.7 Hrs.

More Definitions of Year of Service

Year of Service means the computation period of twelve (12) consecutive months, herein set forth, and during which an Employee has completed at least 1,000 Hours of Service (unless a lower number of Hours of Service is specified in the Adoption Agreement).

Year of Service means any Plan Year during which an individual completed at least 1,000 Hours of Employment, or satisfied any alternative requirement, as determined by the Plan Administrator in accordance with any applicable Regulations issued by the DOL and the IRS.

Year of Service means an Employee's Months of Service divided by twelve (12) rounded to the nearest whole year, rounding up if the remaining number of months is seven (7) or greater and rounding down if the remaining number of months is less than seven (7). If an Employee has a break in his service with his Employing Company, he will receive credit under this Plan for the service prior to the break in service only if the break in service was less than five years and his service prior to the break exceeds the length of the break in service.

Year of Service means each twelve-month period commencing on the Executive’s initial date of hire by the Bank, during the entirety of which time the Executive remains an employee of the Bank. For purposes of this Agreement, if there is a dispute over the number of years of service of the Executive or the date of the Executive’s initial hire by the Bank, the Bank shall have the sole and absolute right to decide the dispute.

Year of Service means each continuous 12 month period of employment, including fractional portions thereof and periods of authorized vacation, authorized leave of absence and short-term disability leave, with Nucor Corporation and its Subsidiaries or their respective successors. Employment with an entity prior to the date it became a Subsidiary shall not be considered for purposes of determining Executive’s Years of Service unless the agreement pursuant to which the Subsidiary was acquired by Nucor Corporation provides otherwise or Nucor Corporation otherwise agrees in writing to consider such employment for purposes of determining Executive’s Years of Service.

Year of Service means each consecutive 12 month period, beginning with an Employee's date of hire and running without a termination of employment in which an Employee is credited with at least one hour of service in each of the 12 calendar months in such period. The taking of a LOA shall not eliminate a period of time from being a Year of Service if such period of time otherwise qualifies as such. Further if a particular 12 month period of time would not otherwise qualify under the Plan as a Year of Service because one hour of service is not credited during each month of such period due to the taking of a LOA, then such period of time shall be deemed to be a Year of Service for all other sections of this Plan.

Year of Service means a Plan Year in which an Employee is credited with at least 1,000 Hours of Service.