Common use of Hourly Records Clause in Contracts

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 6 contracts

Sources: Prototype Defined Contribution Plan Adoption Agreement (Corporate Realty Consultants Inc), 401(k) Plan Adoption Agreement (Bertuccis of White Marsh Inc), 401(k) Plan Adoption Agreement (Seitel Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): [X] (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 4 contracts

Sources: 401(k) Plan Adoption Agreement (Gadzooks Inc), 401(k) Plan Adoption Agreement (Gadzooks Inc), 401(k) Plan Adoption Agreement (Pennfed Financial Services Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . [X] (b) an Employee shall be credited with 45 Hours hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: Defined Contribution Plan (Innerdyne Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . ¨ ¨ (b) an Employee shall be credited with 45 Hours of Service if under Section 1.52 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: Adoption Agreement (Aecom)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): [x] (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . [ ] (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.. G. "INTEGRATION LEVEL" [x]

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Republic Banking Corp of Florida)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b. / /(b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Media 100 Inc)

Hourly Records. For the purpose of determining Hours of Service under -------------- the hourly record method (select one): ): [X] (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Prentiss Properties Trust/Md)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . o o (b) an Employee shall be credited with 45 Hours of Service if under Section 1.51 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): / / (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . / / (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Labor Ready Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . ¨ ¨ (b) an Employee shall be credited with 45 Hours of Service if under Section 1.51 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Seitel Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . [X] (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Innerdyne Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if under Section 1.51 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: Defined Contribution Plan and Trust (Triad Guaranty Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record records method (select onechoose one box for eligibility and one box for vesting, as applicable): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. (b) an Employee shall be credited with 45 Hours of Service if under Section 1.51 of the Base Plan Document such Employee would be credited with at least 1 Hour of Service during the week.,

Appears in 1 contract

Sources: Adoption Agreement (Books a Million Inc)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . / / (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Sterling Financial Corp /Wa/)

Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one): ): /X/ (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. . / / (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Childrens Place Retail Stores Inc)