Common use of Other Vesting Events Clause in Contracts

Other Vesting Events. Except as otherwise provided in Section 4.1.1 and Section 4.1.2, each Participant’s Account shall become vested in accordance with the vesting and, if applicable, Early Retirement Age provisions selected in the Adoption Agreement. The vesting schedule that applies to Matching Contributions shall satisfy either a 3-year cliff vesting schedule or a “2-to-6-year graded vesting schedule.” A “2-to-6-year graded vesting schedule” and “3-to-7-year graded vesting schedule” means an Employee’s vested percentage based on each included year of Vesting Service under the following applicable schedule: