Common use of Crediting of Service Clause in Contracts

Crediting of Service. The transfer of the NUSA Employees from NSI to NUSA shall not be deemed to cause a "Retirement Date" to occur under section 10 of the Deferred Compensation Plans. All service with NUSA shall be recognized for purposes of vesting pursuant to section 13.2 of the Deferred Compensation Plans.

Appears in 2 contracts

Sources: Employee Benefits Allocation Agreement (Nu Skin Enterprises Inc), Employee Benefits Allocation Agreement (Nu Skin Enterprises Inc)