Common use of HOURS OF SERVICE REQUIREMENT Clause in Contracts

HOURS OF SERVICE REQUIREMENT. The minimum number of Hours of Service a Participant must complete during a Plan Year in order to receive an allocation of the matching contributions, designated qualified nonelective contributions, discretionary contributions and Participant forfeitures, if any, for the Plan Year is:

Appears in 1 contract

Sources: 401(k) Retirement Savings Plan (Reptron Electronics Inc)

HOURS OF SERVICE REQUIREMENT. The minimum number of Hours of Service a Participant must complete during a Plan Year in order to receive an allocation of the matching contributions, designated qualified nonelective contributionscontribution, discretionary contributions and Participant forfeitures, if any, for or the Plan Year is:

Appears in 1 contract

Sources: Adoption Agreement (Benthos Inc)