Subsequent Eligibility Computation Periods. After the Initial Eligibility Computation Period described in Section 2.02(C), the Plan measures Subsequent Eligibility Computation Periods as (Choose (1) or (2)): (1) [ ] Plan Year. The Plan Year, beginning with the Plan Year which includes the first anniversary of the Employee's Employment Commencement Date. (2) [ ] Anniversary Year. The Anniversary Year, beginning with the Employee's second Anniversary Year. [Note: To maximize delayed entry under a two Years of Service condition for Nonelective Contributions or Matching Contributions, the Employer should elect to remain on the Anniversary Year for such contributions.]
Appears in 2 contracts
Sources: Adoption Agreement, Adoption Agreement
Subsequent Eligibility Computation Periods. After the Initial Eligibility Computation Period described in Section 2.02(C), the Plan measures Subsequent Eligibility Computation Periods as (Choose (1) or (2)):
(1) [ ] Plan Year. The Plan Year, beginning with the Plan Year which includes the first anniversary of the Employee's Employment Commencement Date.
(2) [ ] Anniversary Year. The Anniversary Year, beginning with the Employee's second Anniversary Year. FINAL [Note: To maximize delayed entry under a two Years of Service condition for Nonelective Contributions or Matching Contributions, the Employer should elect to remain on the Anniversary Year for such contributions.]
Appears in 1 contract
Sources: Adoption Agreement
Subsequent Eligibility Computation Periods. After the Initial Eligibility Computation Period described in Section 2.02(C), the Plan measures Subsequent Eligibility Computation Periods as (Choose (1) or (2)):
(1) [ ] Plan Year. The Plan Year, beginning with the Plan Year which includes the first anniversary of the Employee's Employment Commencement Date.
(2) [ ] Anniversary Year. The Anniversary Year, beginning with the Employee's second Anniversary Year. [Note: To maximize delayed entry under a two Years of Service condition for Nonelective Contributions or Matching Contributions, the Employer should elect to remain on the Anniversary Year for such contributions.]] FINAL
Appears in 1 contract
Sources: Adoption Agreement