Subsequent Year Sample Clauses

Subsequent Year. As Compensation for the subsequent Taxable Year in which the Employer pays the Compensation.
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Subsequent Year. In each subsequent Plan Year that the Plan is determined not to be a top heavy plan, the other nonforfeitability provisions of the Plan Statement (and not this section) shall apply in determining the vested and nonforfeitable rights of Participants who do not have five (5) or more years of Vesting Service (three or more years of Vesting Service for Participants who have one or more Hours of Service in any Plan Year beginning after December 31, 1988) as of the beginning of such subsequent Plan Year; provided, however, that they shall not be applied in a manner which would reduce the vested and nonforfeitable percentage of any Participant.
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Subsequent Year. Subsequent year shall mean the calendar year following the base year, falling wholly or partly within the term of this Lease.
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Subsequent Year. The terms and conditions relating to Executive's bonuses for the subsequent year shall be negotiated between the Employer and the Executive on an annual basis. Nevertheless, it is the good faith intention of the parties that the potential bonus to be paid to the Executive in the subsequent year shall be no less than $450,000.
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Subsequent Year. In each subsequent Plan Year that the Plan is determined not to be a top heavy plan, the other nonforfeitability provisions of the Plan document (and not this section) shall apply in determining the vested and nonforfeitable rights of Participants who do not have three (3) or more years of Vesting Service as of the beginning of such subsequent Plan Year; provided, however, that they shall not be applied in a manner which would reduce the vested and nonforfeitable percentage of any Participant.
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Subsequent Year. Cadila and SDS will establish a minimum purchase quota for each of the subsequent years of this Agreement within three months prior to the beginning of the third year.
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Subsequent Year. In each subsequent Plan Year that the Plan is determined not to be a Top Heavy Plan, the other nonforfeitability provisions of the Plan Statement (and not this section) shall apply in determining the vested and nonforfeitable rights of Participants who do not have five (5) or more years of Vesting Service (three (3) or more years of Vesting Service for Participants who have one (1) or more Hours of Service in any Plan Year beginning after December 31, 1988) as of the beginning of such subsequent Plan Year; provided, however, that they shall not be applied in a manner which would reduce the vested and nonforfeitable percentage of any Participant. The accounts and accrued benefits of all other Participants shall be vested and nonforfeitable in accordance with the more favorable of the schedule in Section 3.2.1 above or other provisions of the Plan Statement. If the Vesting Schedule under the Plan shifts in or out of the schedule set forth in Section 3.2.1 for any Plan Year (because of the Plan's status as a Top Heavy Plan), such shift is an amendment to the Vesting schedule and the election described in Section 5.2 of the Plan Statement shall apply.
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Related to Subsequent Year

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

  • Election Period The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Waiting Period All full-time employees who are actively working and have completed thirty (30) days service shall be enrolled for the coverages and benefits set forth in this Exhibit as a condition of employment.