Completion of one Year of Service Clause Samples

The 'Completion of one Year of Service' clause defines the requirement that an employee must work for a full year to become eligible for certain benefits or rights under an agreement. Typically, this clause specifies that the employee's service is calculated from their official start date and may be used to determine eligibility for bonuses, leave entitlements, or participation in retirement plans. Its core function is to set a clear threshold for when employees qualify for specific employment benefits, ensuring both parties understand when such rights accrue and helping to manage expectations regarding benefit eligibility.
Completion of one Year of Service. If a Participant completes one Year of Service following his/her Break in Service, the Plan restores the Participant's pre-break Service and the Participant resumes active participation in the Plan retroactively to the first day of the Eligibility Computation Period in which the Participant first completes one Year of Service following his/her Break in Service.
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Related to Completion of one Year of Service

  • Year of Service An Employee must complete at least Hours of Service during a Vesting Computation Period to receive credit for a Year of Service under Article V. [Note: The number may not exceed 1,000. If left blank, the requirement is 1,000.]

  • Completion of Probationary Period An employee who has completed the probationary period may be suspended without pay or discharged only for cause. An employee who has completed the probationary period and is suspended without pay or discharged shall have access to the grievance procedure.

  • PERIOD OF SERVICE The Grant Services will commence on the Start Date and shall expire on the End Date as set forth in the SUMMARY PAGE.

  • Term of Service Except as otherwise provided in this Agreement, Atlas shall serve as the Managing General Partner of the Partnership until either it:

  • Years of Service A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.