Years of Plan Participation means the total number of full Plan Years a Participant has been a Participant in the Plan prior to his or her Termination of Employment (determined without regard to whether deferral elections have been made by the Participant for any Plan Year). Any partial year shall not be counted. Notwithstanding the previous sentence, a Participant's first Plan Year of participation shall be treated as a full Plan Year for purposes of this definition, even if it is only a partial Plan Year of participation.

Years of Plan Participation means the total number of full Plan Years a Participant has been a Participant in the Plan. For purposes of a Participant's first Plan Year of participation only, any partial Plan Year of participation shall be treated as a full Plan Year.

Years of Plan Participation means the total number of full years in which a Participant has participated in the Plan.

Examples of Years of Plan Participation in a sentence

Effective the first Business Day a Participant has attained three Years of Plan Participation, he or she may voluntarily withdraw all or a portion (subject to a $250.00 minimum) of the Current Market Value of Participating Employer Contributions and Discretionary Contributions in his or her account.
Subject to subsections 2.1 and 2.2 above, after a Participant’s Retirement, the Company shall continue to pay premiums to the Insurance Company on behalf of the Participant during each Policy Year until the later of the end of the Policy Year in which the Participant attains (i) age sixty (60), or (ii) ten (10) Years of Plan Participation (or such longer period as the Committee deems appropriate in its sole discretion).
A Participant who has attained age forty (40) and has at least five (5) Years of Plan Participation whose employment with the Employer is terminated prior to attainment of his Normal Retirement Date shall, after attaining his Early Retirement Age, be eligible to receive the deferred vested retirement benefit described in Section 4.3.
If a Participant has completed fewer than four (4) Years of Plan Participation, this average shall be determined using the Preferred Rates for the Plan Years during which the Participant participated in the Plan.
However, money received as a Withdrawal Based on Years of Plan Participation will be treated as taxable income for federal tax purposes.

More Definitions of Years of Plan Participation

Years of Plan Participation means the total number of full Plan Years a Participant has been a Participant in the Plan prior to his or her Separation from Service (determined without regard to whether deferral elections have been made by the Participant for any Plan Year). A partial year shall not be treated as a full Plan Year for purposes of this definition.

Years of Plan Participation means the total number of full Plan Years a Participant has been a Participant in the Plan prior to his or her Termination of Employment (determined without regard to whether deferral elections are made under this Plan). For purposes of a Participant's first Plan Year of participation only, any partial Plan Year of participation shall be treated as a full Plan Year. In addition, during any period of time during which a Participant is suffering a Disability, he or she will not be credited with any additional Years of Plan Participation.

Years of Plan Participation means the total number of full Plan Years a Participant has been a Participant in the Plan prior to his or her Termination of Employment. Any partial year shall not be counted for purposes of the Plan.

Years of Plan Participation means the total number of full Plan Years a Participant has been a Participant in the Plan prior to his or her Termination of Employment.

Years of Plan Participation means the total number of full Plan Years a Participant has been a Participant in the Plan prior to the Participant’s Determination Date. Any partial year shall not be counted.

Years of Plan Participation means 1/12 of the number of calendar months while an Employee is employed by the Employer and while he is designated as a Participant in this Plan. When this calculation results in a number of years plus a fraction of a year, if the fraction is 5/12 or less it shall be ignored, otherwise it will be considered the same as one full year. At the sole discretion of the Committee, a Participant’s Years of Plan Participation may include such additional number of Years as the Committee may elect.

Years of Plan Participation means the total number of full Plan Years a Participant has been a Participant in the Plan and has either (i) made deferral elections or (ii) had an Account Balance. For purposes of a Participant’s first Plan Year of participation only, any partial Plan Year of participation shall be treated as a full Plan Year. For purposes of a Participant’s final Plan Year of participation only, a Participant shall be awarded a Year of Plan Participation if, and only if, he or she has been credited with 1,000 hours of service in such Plan Year. A single Plan Year of Plan participation described above shall be referred to as a “Year of Plan Participation.”