Common use of Vesting of a Participant Clause in Contracts

Vesting of a Participant. Except in the case of Plans subject to full and immediate vesting, a Participant's vested amount shall be calculated by multiplying his Regular Account balance, Employer Discretionary Contribution Account balance, and Employer Matching Contribution Account balance, if any, as determined on the Valuation Date following his termination of employment by his vested interest as determined under Section 7.

Appears in 4 contracts

Sources: Adoption Agreement (Dreyfus Growth Opportunity Fund Inc), Adoption Agreement (Dreyfus Growth & Income Fund Inc /New/), Adoption Agreement (Dreyfus Global Bond Fund Inc)