Common use of Hours Required For Vesting Purposes Clause in Contracts

Hours Required For Vesting Purposes. 1. Hours of Service (no more than 1,000) shall be required to constitute a Year of Vesting Service. 2. Hours of Service (no more than 500 but less than the number specified in Section 12, Part 10 C, Item 1, above) must be exceeded to avoid a Break in Vesting Service. 3. For purposes of determining Years of Vesting Service, Employees shall be given credit for Hours of Service with the following predecessor employer(s): (Complete if applicable)

Appears in 1 contract

Sources: Flexible Standardized 401(k) Profit Sharing Plan Adoption Agreement (Alloy Online Inc)

Hours Required For Vesting Purposes. 1. Hours of Service (no more than 1,000) shall be required to constitute a Year of Vesting Service. 2. Hours of Service (no more than 500 but less than the number specified in Section 1213, Part 10 C, Item 1, above) must be exceeded to avoid a Break in Vesting Service. 3. For purposes of determining Years of Vesting Service, Employees shall be given credit for Hours of Service with the following predecessor employer(s): ) (Complete if applicable)

Appears in 1 contract

Sources: Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Metretek Technologies Inc)

Hours Required For Vesting Purposes. 1. 1000 Hours of Service (no more than 1,000) shall be required to constitute a Year of Vesting Service. 2. 500 Hours of Service (no more than 500 but less than the number specified in Section 1213, Part 10 C, Item 1, above) must be exceeded to avoid a Break in Vesting Service. 3. For purposes of determining Years of Vesting Service, Employees shall be given credit for Hours of Service with the following predecessor employer(s): ) (Complete if applicable)): Ram Golf Company --------------------------------------------------------------

Appears in 1 contract

Sources: Qualified Retirement Plan (Teardrop Golf Co)