Minimum Age and Service Requirements Sample Clauses

The Minimum Age and Service Requirements clause sets specific eligibility criteria based on an individual's age and/or length of service with an organization. Typically, this clause is used in contexts such as employee benefits, retirement plans, or participation in certain programs, where only those who have reached a certain age or completed a minimum period of employment can qualify. By clearly defining who is eligible, the clause ensures fairness and consistency in access to benefits or participation, and helps organizations manage compliance with legal or policy standards.
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Minimum Age and Service Requirements. Solely for purposes of Non-Safe Harbor Non-Elective Contribution # , an Eligible Employee (see Section 1.2 above) will be eligible to enter the Plan as a Participant on the applicable Entry Date upon satisfying the following age and/or service requirements: (a) Age Requirement 0 (max. 21 – enter zero if none) (b) Service Requirement (check one) x 1) None ¨ 2) -Year Period of Service (max. 2, but Vesting must be 100% if more than 1 year is used) ¨ 3) -month Period of Service (max. 24, but Vesting must be 100% if more than 12 months are used) ¨ 4) -week Period of Service (max. 104, but Vesting must be 100% if more than 52 weeks are used) ¨ 5) -day Period of Service (max. 730, but Vesting must be 100% if more than 365 days are used)
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Minimum Age and Service Requirements. Solely for purposes of Non-Safe Harbor Matching Contribution # 3 , an Eligible Employee (see Section 1.2 above) will be eligible to enter the Plan as a Participant on the applicable Entry Date upon satisfying the following age and/or service requirements:
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Minimum Age and Service Requirements. An Eligible Employee (see Section 3.1 above) will be eligible to enter the Plan as a Participant for the selected purpose on the applicable Entry Date upon satisfying the following age and/or service requirements: (a) x Requirements for Elective Deferrals, QMACs and QNECs: (1) Age Requirement 0 (max. 21 – enter zero if none) (2) Service Requirement (check one) x A) None ¨ B) 1-Year Period of Service ¨ C) -month Period of Service (max. 12) ¨ D) -week Period of Service (max. 52) ¨ E) -day Period of Service (max. 365) ¨ F) 1 Year of Service ¨ G) 1 Year of Service, or if earlier, (max. 11) consecutive calendar months of employment ¨ in which the Employee is credited with at least Hours of Service per month ¨ H) 1 Year of Service, or if earlier, (max. 51) consecutive weeks of employment ¨ in which the Employee is credited with at least Hours of Service per week ¨ I) 1 Year of Service, or if earlier, (max. 364) consecutive days of employment ¨ in which the Employee is credited with at least Hours of Service per day
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Minimum Age and Service Requirements. Solely for purposes of Non-Safe Harbor Matching Contribution # 2 , an Eligible Employee (see Section 1.2 above) will be eligible to enter the Plan as a Participant on the applicable Entry Date upon satisfying the following age and/or service requirements: (a) Age Requirement 0 (max. 21 — enter zero if none) (b) Service Requirement (check one) x 1) None ¨ 2) -Year Period of Service (max. 2, but Vesting must be 100% if more than 1 year is used) ¨ 3) -month Period of Service (max. 24, but Vesting must be 100% if more than 12 months are used) ¨ 4) -week Period of Service (max. 104, but Vesting must be 100% if more than 52 weeks are used) ¨ 5) -day Period of Service (max. 730, but Vesting must be 100% if more than 365 days are used) ¨ 6) Year(s) of Service (max. 2, but Vesting must be 100% if more than 1 year is used) ¨ 7) 1 Year of Service, or if earlier, (max. 11) consecutive calendar months of employment ¨ in which the Employee is credited with at least Hours of Service per month ¨ 8) 1 Year of Service, or if earlier, (max. 51) consecutive weeks of employment ¨ in which the Employee is credited with at least Hours of Service per week ¨ 9) 1 Year of Service, or if earlier, (max. 364) consecutive days of employment ¨ in which the Employee is credited with at least Hours of Service per day
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Minimum Age and Service Requirements. An Eligible Employee (see Section 3.1 above) will be eligible to enter the Plan as a Participant for the selected purpose on the applicable Entry Date upon satisfying the following age and/or service requirements: (a) þ Requirements for Elective Deferrals, QMACs and QNECs: (1) Age Requirement 0 (max. 21 — enter zero if none) (2) Service Requirement (check one) þ A) None o B) 1- Year Period of Service
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Related to Minimum Age and Service Requirements

  • Service Requirements Grantee shall:

  • Service Requirement Except as otherwise provided in Section 6(e) of the Plan or Section 2 of this Agreement, this Option may be exercised only while you continue to provide Service to the Company or any Affiliate, and only if you have continuously provided such Service since the Grant Date of this Option.

  • Check Requirements Any image of a check that I transmit to you must accurately and legibly provide all the information on the front and back of the check at the time presented to me by the drawer. Prior to capturing the original check, I will indorse the back of the original check. My endorsement will include "For Directions E- Deposit Only" in addition to my signature. The image of the check transmitted to you must accurately and legibly provide, among other things, the following information: (1) the information identifying the drawer and the paying bank that is preprinted on the check, including complete and accurate MICR information and the signature(s); and (2) other information placed on the check prior to the time an image of the check is captured, such as any required identification written on the front of the check and any endorsements applied to the back of the check. The image quality for the check will meet the standards for image quality established by the American National Standards Institute ("ANSI"), the Board of Governors of the Federal Reserve, and any other regulatory agency, clearing house or association. Rejection of Deposit. You are not liable for any service or late charges levied against me due to your rejection of any item. In all cases, I am responsible for any loss or overdraft plus any applicable fees to my Account due to an item being returned. Items Returned Unpaid. A written notice will be sent to me of transactions you are unable to process because of returned items. With respect to any item that I transmit to you for remote deposit that you credit to my Account, in the event such item is dishonored, I authorize you to debit the amount of such item from the Account.

  • Time Requirements The Independent Contractor will not be required to follow or establish a regular or daily work schedule, but shall devote during the term of this Agreement the time, energy and skill as necessary to perform the services of this engagement and shall, periodically or at any time upon the request of the Company, submit information as to the amount of time worked and scope of work performed.

  • Minimum Requirements Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subconsultants. Consultant shall also require all of its subconsultants to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: