AMENDMENT TO VESTING SCHEDULE. The Employer under Section 11.02 may amend the Plan's vesting schedule(s) under Section 5.03 at any time, subject to this Section 5.08. For purposes of this Section 5.08, an amendment to the vesting schedule includes any Plan amendment which directly or indirectly affects the computation of the Vested percentage of a Participant's Account Balance. In addition, any shift in the Plan's vesting schedule under Article X, due to a change in the Plan's top-heavy status, is an amendment to the vesting schedule for purposes of this Section 5.08.
Appears in 2 contracts
Sources: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)
AMENDMENT TO VESTING SCHEDULE. The Employer under Section 11.02 may amend the Plan's vesting schedule(s) under Section 5.03 at any time, subject to this Section 5.08. For purposes of this Section 5.08, an amendment to the vesting schedule includes any Plan amendment which directly or indirectly affects the computation of the Vested percentage of a Participant's Account Balance. In addition, any shift in the Plan's vesting schedule under Article X, due to a change in the Plan's top-heavy top‑heavy status, is an amendment to the vesting schedule for purposes of this Section 5.08.
Appears in 1 contract
Sources: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)
AMENDMENT TO VESTING SCHEDULE. The Employer under Section 11.02 may amend the Plan's vesting schedule(s) under Section 5.03 at any time, subject to this Section 5.08. For purposes of this Section 5.08, an amendment to the vesting schedule includes any Plan amendment which directly or indirectly affects the computation of the Vested percentage of a Participant's Account Balance. In addition, any shift in the Plan's vesting schedule under Article X, due to a change in the Plan's top-top- heavy status, is an amendment to the vesting schedule for purposes of this Section 5.08.
Appears in 1 contract
Sources: 401(k) Profit Sharing Plan (Nci Building Systems Inc)
AMENDMENT TO VESTING SCHEDULE. The Employer under Section 11.02 may amend the Plan's ’s vesting schedule(s) under Section 5.03 at any time, subject to this Section 5.08. For purposes of this Section 5.08, an amendment to the vesting schedule includes any Plan amendment which directly or indirectly affects the computation of the Vested percentage of a Participant's ’s Account Balance. In addition, any shift in the Plan's ’s vesting schedule under Article X, due to a change in the Plan's ’s top-heavy status, is an amendment to the vesting schedule for purposes of this Section 5.08.
Appears in 1 contract