Common use of Five Consecutive Breaks in Vesting Service Clause in Contracts

Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant to Section 6.01(D)(3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive Breaks in Vesting Service, the portion of the Participant's Individual Account which is not Vested shall be treated as a Forfeiture and allocated in accordance with Section 3.01(C).

Appears in 13 contracts

Sources: 401(k) Savings Plan (Alaska Pacific Bancshares Inc), Qualified Retirement Plan (Teardrop Golf Co), Adoption Agreement (Bradford Funds Inc)

Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant to Section 6.01(D)(36.01(DX3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive Breaks in Vesting Service, Service the portion of the Participant's Individual Account which is not Vested shall be treated as a Forfeiture and allocated in accordance with Section 3.01(C).

Appears in 2 contracts

Sources: Basic Plan Document (Nabi /De/), Basic Plan Document (Nabi /De/)

Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant to Section 6.01(D)(3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive Breaks in Vesting Service, the portion of the Participant's Individual Account which is i~ not Vested shall be treated as a Forfeiture and allocated in accordance with Section 3.01(C).

Appears in 1 contract

Sources: Qualified Retirement Plan and Trust (Bradford Funds Inc)

Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant pusstnt to Section 6.01(D)(36.01~)(3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive S consscutive Breaks in Vesting Service, the portion of the Participant's Individual Account which is not Vested shall be treated as a Forfeiture Foifeiture and allocated in accordance with Section 3.01(C).

Appears in 1 contract

Sources: Basic Plan Document (Weststar Financial Services Corp)

Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant to Section 6.01(D)(36.01(D) (3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive Breaks in Vesting Service, the portion of the Participant's Individual Account which is not Vested shall be treated as a Forfeiture and allocated in accordance with Section 3.01(C).

Appears in 1 contract

Sources: Basic Plan Document (Edelbrock Corp)