Common use of Acceleration on Death or Disability Clause in Contracts

Acceleration on Death or Disability. (5.02). Under Section 5.02, if a Participant incurs a Separation from Service as a result of death or Disability (Choose one of (a), (b), or (c).): (a) [ ] Applies. Apply 100% vesting. (b) [ ] Not applicable. Do not apply 100% vesting. The Participant's vesting is in accordance with the applicable Plan vesting schedule. (c) [ ] Limited application. Apply 100% vesting, but only if a Participant incurs a Separation from Service as a result of (Choose one of (1) or (2).): (1) [ ] Death. (2) [ ] Disability.

Appears in 2 contracts

Sources: Adoption Agreement, Adoption Agreement

Acceleration on Death or Disability. (5.02). Under Section 5.02, if a Participant incurs a Separation from Service as a result of death or Disability (Choose one of (a), (b), or (c).): (a) [ ] Applies. Apply 100% vesting. (b) [ ] Not applicable. Do not apply 100% vesting. The Participant's vesting is in accordance with the applicable Plan vesting schedule. (c) [ ] Limited application. Apply 100% vesting, but only if a Participant incurs a Separation from Service as a result of (Choose one of (1) or (2).): (1) [ ] Death. (2) [ ] Disability.

Appears in 1 contract

Sources: Adoption Agreement

Acceleration on Death or Disability. (5.02). Under Section 5.02, if a Participant incurs a Separation Severance from Service Employment as a result of death or Disability (Choose one of (a), (b), or (c).): (a) [ [X] Applies. Apply 100% vesting. (b) [ ] Not applicable. Do not apply 100% vesting. The Participant's vesting is in accordance with the applicable Plan vesting schedule. (c) [ ] Limited application. Apply 100% vesting, but only if a Participant incurs a Separation Severance from Service Employment as a result of (Choose one of (1) or (2).): (1) [ ] Death. (2) [ ] Disability.

Appears in 1 contract

Sources: Adoption Agreement (Finisar Corp)

Acceleration on Death or Disability. (5.02). Under Section 5.02, if a Participant incurs a Separation Severance from Service Employment as a result of death or Disability (Choose one of (a), (b), or (c).): (a) [ ] Applies. Apply 100% vesting. (b) [ ] Not applicable. Do not apply 100% vesting. The Participant's vesting is in accordance with the applicable Plan vesting schedule. (c) [ ] Limited application. Apply 100% vesting, but only if a Participant incurs a Separation Severance from Service Employment as a result of (Choose one of (1) or (2).): (1) [ ] Death. (2) [ ] Disability.

Appears in 1 contract

Sources: Adoption Agreement

Acceleration on Death or Disability. (5.02). Under Section 5.02, if a Participant incurs a Separation Severance from Service Employment as a result of death or Disability (Choose select one of (a), (b), or (c).): (a) [ ] Applies. Apply 100% vesting.vesting.β€Œ (b) [ ] Not applicable. Do not apply 100% vesting. The Participant's vesting is in accordance with the applicable Plan vesting schedule. (c) [ ] Limited application. Apply 100% vesting, but only if a Participant incurs a Separation Severance from Service Employment as a result of (Choose select one of (1) or (2).): (1) [ ] Death. (2) [ ] Disability.

Appears in 1 contract

Sources: Adoption Agreement

Acceleration on Death or Disability. (5.02). Under Section 5.02, if a Participant incurs a Separation Severance from Service Employment as a result of death or Disability (Choose one of (a), (b), or (c).): (a) [ [X] Applies. Apply 100% vesting. (b) [ ] Not applicable. Do not apply 100% vesting. The Participant's ’s vesting is in accordance with the applicable Plan vesting schedule. (c) [ ] Limited application. Apply 100% vesting, but only if a Participant incurs a Separation Severance from Service Employment as a result of (Choose one of (1) or (2).): (1) [ ] Death. (2) [ ] Disability.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Firstmerit Corp /Oh/)

Acceleration on Death or Disability. (5.02). Under Section 5.02, if a Participant incurs a Separation Severance from Service Employment as a result of death or Disability (Choose select one of (a), (b), or (c).): (a) [ ] Applies. Apply 100% vesting. (b) [ ] Not applicable. Do not apply 100% vesting. The Participant's vesting is in accordance with the applicable Plan vesting schedule. (c) [ ] Limited application. Apply 100% vesting, but only if a Participant incurs a Separation Severance from Service Employment as a result of (Choose select one of (1) or (2).):): DRAFT (1) [ ] Death. (2) [ ] Disability.

Appears in 1 contract

Sources: Adoption Agreement

Acceleration on Death or Disability. (5.02). Under Section 5.02, if a Participant incurs a Separation Severance from Service Employment as a result of death or Disability (Choose select one of (a), (b), or (c).): (a) [ [X] Applies. Apply 100% vesting. (b) [ ] Not applicable. Do not apply 100% vesting. The Participant's vesting is in accordance with the applicable Plan vesting schedule. (c) [ ] Limited application. Apply 100% vesting, but only if a Participant incurs a Separation Severance from Service Employment as a result of (Choose select one of (1) or (2).): (1) [ ] Death. (2) [ ] Disability.

Appears in 1 contract

Sources: Adoption Agreement