Transitional Rules. Any living Participant not receiving benefits on August 23, 1984, who would otherwise not receive the benefits prescribed by the previous subsections of this Section 6.05 must be given the opportunity to elect to have the prior subsections of this Section apply if such Participant is credited with at least one Hour of Service under this Plan or a predecessor plan in a Plan Year beginning on or after January 1, 1976, and such Participant had at least 10 Years of Vesting Service when he or she separated from service.
Appears in 3 contracts
Sources: Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Camco Financial Corp), Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Cornell Corrections Inc), 401(k) Profit Sharing Plan Adoption Agreement (Miami Computer Supply Corp)
Transitional Rules. Any living Participant participant not receiving benefits on August 23, 1984, who would otherwise not receive the benefits prescribed by the previous subsections sections of this Section 6.05 article must be given the opportunity to elect to have the prior subsections sections of this Section article and section 9.5 apply if such Participant participant is credited with at least one Hour hour of Service service under this Plan plan or a predecessor plan in a Plan Year plan year beginning on or after January 1, 1976, and such Participant participant had at least 10 Years years of Vesting Service vesting service when he or she separated from service.
Appears in 1 contract
Sources: Adoption Agreement for a Non Standardized 401(k) Plan (Interpool Inc)
Transitional Rules. (1) Any living Participant not receiving benefits on August 23, 1984, who would otherwise not receive the benefits prescribed by the previous subsections sections of this Section 6.05 the article must be given the opportunity to elect to have the prior subsections sections of this Section article apply if such Participant is credited with at least one Hour hour of Service service under this Plan or a predecessor plan in a Plan Year beginning on or after January 1, 1976, and such Participant had has at least 10 Years years of Vesting Service vesting service when he or she separated from service.
Appears in 1 contract
Sources: Adoption Agreement (Jones Medical Industries Inc /De/)
Transitional Rules. Any living Participant who is not receiving benefits on August 23, 1984, who and would otherwise not receive the benefits prescribed by the previous subsections of this in Section 6.05 8.02 must be given the opportunity to elect to have the prior subsections provisions of this Section 8.02 apply if (1) such Participant is credited with at least one (1) Hour of Service under this Plan or a predecessor plan in a Plan Year beginning on or after January 1, 1976, 1976 and such Participant (2) had at least 10 ten (10) Years of Vesting Service when he or she separated from serviceincurred a Termination of Employment.
Appears in 1 contract
Sources: Profit Sharing Plan and Trust (CRL Network Services Inc)
Transitional Rules. Any living Participant not receiving benefits on August 23, 1984, who would otherwise not receive receive. the benefits prescribed by the previous subsections sections of this Section 6.05 the article must be given the opportunity to elect to have the prior subsections sections of this Section article apply if such Participant is credited with at least one Hour hour of Service service under this Plan or a predecessor plan in a Plan Year beginning on or after January 1, 1976, and such Participant had has at least 10 Years years of Vesting Service vesting service when he or she separated from service.
Appears in 1 contract