Common use of Continuing Eligibility Requirement(s Clause in Contracts

Continuing Eligibility Requirement(s. A Participant shall only be entitled to receive Nonelective Employer Contributions for a Plan Year under this Section 1.11 if the Participant satisfies the following requirement(s) (Check the appropriate box(es)—Options (3) and (4) may not be elected together; Option (5) may not be elected with Option (2), (3), or (4); Options (2), (3), (4), (5), and (7) may not be elected with respect to Nonelective Employer Contributions under the fixed formula if Option 1.11(a)(3), Safe Harbor Formula, is checked): (1) o No requirements. (2) o Is employed by the Employer or a Related Employer on the last day of the Plan Year. (3) o Earns at least 501 Hours of Service during the Plan Year. (4) o Earns at least 1,000 Hours of Service during the Plan Year. (5) o Either earns at least 501 Hours of Service during the Plan Year or is employed by the Employer or a Related Employer on the last day of the Plan Year. (6) o Is not a Highly Compensated Employee for the Plan Year. (7) o Is not a partner or a member of the Employer, if the Employer is a partnership or an entity taxed as a partnership. (8) o Special continuing eligibility requirement(s) for discretionary Nonelective Employer Contributions. (Only if both Options 1.11(a) and (b) are checked.) (A) The continuing eligibility requirement(s) for discretionary Nonelective Employer Contributions is/are: (Fill in number of applicable eligibility requirement(s) from above.)

Continuing Eligibility Requirement(s. A Participant shall only be entitled to receive Nonelective Employer Contributions for a Plan Year under this Section 1.11 if the Participant satisfies the following requirement(s) (Check the appropriate box(es)—Options box(es) - Options (3) and (4) may not be elected together; Option (5) may not be elected with Option (2), (3), or (4); Options (2), (3), (4), (5), and (7) may not be elected with respect to Nonelective Employer Contributions under the fixed formula if Option 1.11(a)(3), Safe Harbor Formula, is checked): (1) o þ No requirements. (2) o ¨ Is employed by the Employer or a Related Employer on the last day of the Plan Year. (3) o ¨ Earns at least 501 Hours of Service during the Plan Year. (4) o ¨ Earns at least 1,000 Hours of Service during the Plan Year. (5) o ¨ Either earns at least 501 Hours of Service during the Plan Year or is employed by the Employer or a Related Employer on the last day of the Plan Year. (6) o ¨ Is not a Highly Compensated Employee for the Plan Year. (7) o ¨ Is not a partner or a member of the Employer, if the Employer is a partnership or an entity taxed as a partnership. (8) o ¨ Special continuing eligibility requirement(s) for discretionary Nonelective Employer Contributions. (Only if both Options 1.11(a) and (b) are checked.) (A) The continuing eligibility requirement(s) for discretionary Nonelective Employer Contributions is/are: (Fill in number of applicable eligibility requirement(s) from above.)