Common use of Equivalency Method Clause in Contracts

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes b. [ ] the following purposes (select one or more): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and contributions Such method will apply to:

Appears in 5 contracts

Sources: Multiple Employer Participation Agreement, Multiple Employer Participation Agreement, Multiple Employer Participation Agreement

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes b. [ ] the following purposes (select one or more): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and sharing in allocations or contributions Such method will apply to:

Appears in 2 contracts

Sources: Adoption Agreement, Adoption Agreement

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes a. [ ] all purposes b. [ ] the following purposes (select one or more): ): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and contributions Such method will apply to:

Appears in 1 contract

Sources: Adoption Agreement

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes b. [ ] the following purposes (select one or more): ): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and contributions Such method will apply to:

Appears in 1 contract

Sources: Adoption Agreement for Volume Submitter 401(k) Profit Sharing Plan

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ ] all purposes b. [ ] the following purposes (select one or more): 1. [ ] eligibility to participate participate 2. [ ] vesting 3. [ ] allocations, distributions and contributions Such method will apply to:

Appears in 1 contract

Sources: Adoption Agreement

Equivalency Method. Instead of using actual Hours of Service, an equivalency method will be used to determine Hours of Service for: a. [ [X] all purposes b. [ ] the following purposes (select one or more): 1. [ ] eligibility to participate 2. [ ] vesting 3. [ ] allocations, distributions and sharing in allocations or contributions Such method will apply to:

Appears in 1 contract

Sources: Egtrra Adoption Agreement