Elapsed Time Method. Instead of determining vesting service based on actual Hours of Service, vesting service will be determined under the Elapsed Time Method. If this subsection is checked, service will be measured from the Employee’s employment commencement date (or reemployment commencement date, if applicable) without regard to the Vesting Computation Period designated in Section 7.04 of the Plan.
Appears in 6 contracts
Sources: 403(b) Plan Adoption Agreement, 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement
Elapsed Time Method. Instead of determining vesting service based on actual Hours of Service, vesting service will be determined under the Elapsed Time Method. If this subsection (c) is checked, service will be measured from the Employee’s employment commencement date (or reemployment commencement date, if applicable) without regard to the Vesting Computation Period designated in Section 7.04 6. 05 of the Plan. (See Section 6.04(b) of the Plan.)
Appears in 2 contracts
Sources: Pension Plan Adoption Agreement, Pension Plan Adoption Agreement
Elapsed Time Method. Instead of determining vesting service based on actual Hours of Service, vesting service will be determined under the Elapsed Time Method. If this subsection (c) is checked, service will be measured from the Employee’s employment commencement date Employment Commencement Date (or reemployment commencement dateReemployment Commencement Date, if applicable) without regard to the Vesting Computation Period designated in Section 7.04 6. 05 of the Plan. (See Section 6.04(b) of the Plan.)
Appears in 1 contract
Sources: Nonstandardized Governmental Money Purchase Plan Adoption Agreement
Elapsed Time Method. Instead of determining vesting service based on actual Hours of Service, vesting service will be determined under the Elapsed Time Method. If this subsection is checked, service will be measured from the Employee’s employment commencement date (or reemployment commencement date, if applicable) without regard to the Vesting Computation Period designated in Section 7.04 7.06 of the Plan. (See Section 7.05(b) of the Plan.)
Appears in 1 contract
Sources: Volume Submitter Profit Sharing/401(k) Plan Adoption Agreement (Rayonier Advanced Materials Inc.)
Elapsed Time Method. Instead of determining vesting service based on actual Hours of Service, vesting service will be determined under the Elapsed Time Methodmethod. If this subsection is checked, service will be measured from the Employee’s employment commencement date (or reemployment commencement date, if applicable) without regard to the Vesting Computation Period designated in Section 7.04 7.06 of the Plan. (See Section 7.05(b) of the Plan.)
Appears in 1 contract
Sources: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement