Common use of Crediting Hours Clause in Contracts

Crediting Hours. Hours will be credited during each Computation Period [Check one. See Section 3.1(c).] (1) [ ] Standard: by maintaining records of the actual hours worked. [See Section 3.1(c)(2)(i).] (2) [ x ] by using the following equivalency [Check one. See Section 3.1(c)(2)(ii).] [ ] 10 Hours of Service for each day. [ ] 45 Hours of Service for each week. [ ] 95 Hours of Service for each semi- monthly payroll period. [ x ] 190 Hours of Service for each month for any employee not paid on an hourly basis.

Appears in 3 contracts

Sources: Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc), Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc), 401(k) Adoption Agreement (Oshkosh B Gosh Inc)