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Common use of Class year Clause in Contracts

Class year. Apply the vesting schedule separately to the Deferred Compensation for each Taxable Year.

Appears in 7 contracts

Sources: Supplemental Executive Retirement Plan Adoption Agreement (DNB Financial Corp /Pa/), Supplemental Executive Retirement Plan Adoption Agreement (Landstar System Inc), Nonqualified Deferred Compensation Plan Adoption Agreement (Frischs Restaurants Inc)

Related Clauses

  • Deferral Account
  • Plan Year
  • Individual Account
  • Account Balance
  • Tax-Deferred Earnings

Parent Clauses

  • Vesting schedule
  • Church plan
  • Vesting Schedule/Other Substantial Risk of Forfeiture
  • Notional
  • Year of continuous service
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