Common use of Break in Service Clause in Contracts

Break in Service. This option may impose a complicated re-entry date for employees who have terminated or whose hours were severely cut back. Option (a) is chosen for administrative convenience.

Appears in 16 contracts

Sources: Adoption Agreement (Invesco Growth Fund Inc /Co/), Adoption Agreement (Invesco Multiple Asset Funds Inc), Adoption Agreement (Invesco International Funds Inc)

Break in Service. This option may impose a complicated re-entry date for employees who have terminated termination or whose hours were severely cut back. Option (a) is chosen for administrative convenience.

Appears in 8 contracts

Sources: Adoption Agreement (Invesco Industrial Income Fund Inc), Adoption Agreement (Invesco Capital Appreciation Funds Inc), Adoption Agreement (Invesco Multiple Asset Funds Inc)

Break in Service. This option may impose a complicated re-entry date for employees who have terminated or whose hours were severely cut back. Option Option (a) is chosen for administrative convenience.

Appears in 2 contracts

Sources: Nonstandardized 401(k) Plan Adoption Agreement (Invesco Value Trust), Adoption Agreement (Invesco International Funds Inc)