EXCLUSIONS FROM CREDITED SERVICE Clause Samples

EXCLUSIONS FROM CREDITED SERVICE. Notwithstanding the provisions of Section 4.05, Credited Service shall not include: (a) any period of active membership in any other plan of the Company for which a benefit is credited under such other plan, except as provided in the Retirement Agreement; (b) any period of temporary absence as described in subparagraph 4.01(b) (1) during which such Member is not receiving earnings from the Company or income under Section 5.05 unless the Member returns to employment with the Company prior to Normal Retirement Date upon cessation of disability. This paragraph does not apply to short periods of leave of absence not exceeding one (1) year, unless the Member fails to return to active employment, in which case such leave of absence will not be included in Credited Service. In no event, however, shall the total periods of temporary absence to be included as Credited Service, excluding those throughout which the Member suffers a physical or mental impairment, as certified in writing by a qualified medical doctor licensed to practice under the laws of Canada, that prevents the Member from performing the duties of employment in which the Member was engaged before the commencement of the impairment, exceed the sum of: (1) five years; and (2) the periods of parenting, as defined in Revenue Rules, subject to a maximum of 36 months of such periods of parenting and a maximum of 12 months for any one period of parenting.
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EXCLUSIONS FROM CREDITED SERVICE. Notwithstanding the provisions of Section 4.02, Credited Service shall not include: (a) absence from work if such absence is a result of intentionally self-inflicted injuries or of injuries received during the commission of a crime, or is the result of chronic alcoholism or addiction to narcotics except when the Employee is undergoing rehabilitation in an approved centre for the treatment of alcohol or drug addiction problems; (b) any period of Continuous Service while the Member was not an Employee; (c) discharge for cause; or (d) any period of active membership in any other registered pension plan of the Company or any other company associated with the Company for which a benefit is credited under such other pension plan, except as provided in the Plan.
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EXCLUSIONS FROM CREDITED SERVICE. Notwithstanding the provisions of Section Credited Service shall not include:
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Related to EXCLUSIONS FROM CREDITED SERVICE

  • Credited Service In addition to Current Credited Service the Adopting Employer may include as Credited Service the following types of service:

  • Elective Deferrals (a) The Committee may establish procedures pursuant to which Employee may elect to defer, until a time or times later than the vesting of a Performance Share Unit, receipt of all or a portion of the shares of Common Stock deliverable in respect of a Performance Share Unit, all on such terms and conditions as the Committee (or its designee) shall determine in its sole discretion. If any such deferrals are permitted for Employee, then notwithstanding any provision of this Agreement or the Plan to the contrary, an Employee who elects such deferral shall not have any rights as a stockholder with respect to any such deferred shares of Common Stock unless and until the date the deferral expires and certificates representing such shares are required to be delivered to Employee. The foregoing notwithstanding, no deferrals of Dividend Equivalents related to any Performance Share Units under this Award will be permitted. Moreover, the Committee further retains the authority and discretion to modify and/or terminate existing deferral elections, procedures and distribution options. (b) Notwithstanding any provision to the contrary in this Agreement, if deferral of Performance Share Units is permitted, each provision of this Agreement shall be interpreted to permit the deferral of compensation only as allowed in compliance with the requirements of Section 409A of the Internal Revenue Code and any provision that would conflict with such requirements shall not be valid or enforceable. Employee acknowledges, without limitation, and consents that application of Section 409A of the Internal Revenue Code to this Agreement may require additional delay of payments otherwise payable under this Agreement. Employee and the Company further hereby agree to execute such further instruments and take such further action as reasonably may be necessary to comply with Section 409A of the Internal Revenue Code.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who: (i) fails to satisfy the eligibility requirement specified in subparagraph 17.02(a)(ii) solely because a concurrent entitlement to benefits under the Disability Insurance (DI) Plan, the Long term Disability (LTD) Insurance portion of the Public Service Management Insurance Plan (PSMIP) or the Government Employees Compensation Act prevents her from receiving Employment Insurance or Québec Parental Insurance Plan maternity benefits, and (ii) has satisfied all of the other eligibility criteria specified in paragraph 17.02(a), other than those specified in sections (A) and (B) of subparagraph 17.02(a)(iii), shall be paid, in respect of each week of maternity allowance not received for the reason described in subparagraph (i), the difference between ninety-three per cent (93%) of her weekly rate of pay and the gross amount of her weekly disability benefit under the DI Plan, the LTD Plan or via the Government Employees Compensation Act. (b) An employee shall be paid an allowance under this clause and under clause 17.02 for a combined period of no more than the number of weeks during which she would have been eligible for maternity benefits under the Employment Insurance or Québec Parental Insurance Plan had she not been disqualified from Employment Insurance or Québec Parental Insurance maternity benefits for the reasons described in subparagraph (a)(i).

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.