Common use of CHANGE IN EMPLOYEE STATUS Clause in Contracts

CHANGE IN EMPLOYEE STATUS. If a Participant does not terminate employment, but is not an Employee or ceases to be an Employee by reason of employment within an employment classification, then during the period such Participant is not an Employee, the Committee shall not allocate any Employer contributions or forfeitures to the Participant's Accounts except to the extent the Participant rendered services for the Employer as an Employee. However, during such period, the Participant, without regard to employment classification, shall continue to receive credit for vesting under Article 5 for each included Year of Service and the Participant's Accounts shall continue to share fully in Trust Fund allocations under Section