Vesting Computation Period definition
Vesting Computation Period means the Plan Year.
Vesting Computation Period means the 12 consecutive month period ending on the last day of the Plan Year that includes an Employee’s Employment Commencement Date and the last day of each subsequent Plan Year.
Vesting Computation Period means a Plan Year.
Examples of Vesting Computation Period in a sentence
An Employee earns a Year of Service for vesting purposes upon completing 1,000 Hours of Service during a Vesting Computation Period.
An Employee must complete at least Hours of Service during a Vesting Computation Period to receive credit for a Year of Service under Article V.
Hours of Service are calculated based on actual hours worked during the Vesting Computation Period.
An Employee must complete at least Hours of Service during a Vesting Computation Period to receive credit for a Year of Service under Article 5.
Instead of 1,000 Hours of Service, an Employee earns a Year of Service upon the completion of Hours of Service during a Vesting Computation Period.
More Definitions of Vesting Computation Period
Vesting Computation Period means the twelve (12) consecutive month period used to measure Years of Vesting Service and Breaks in Service for purposes of vesting. The twelve (12) consecutive month period used for the Vesting Computation Period shall be the Plan Year.
Vesting Computation Period. The consecutive 12 month period beginning on the first day of the Plan Year. If the Vesting Computation Period is or has been changed, by reason of a change in the Plan Year or otherwise, the first Vesting Computation Period after such change shall begin before the last day of the preceding Vesting Computation Period and an Employee who is credited with a Year of Service in both the last Vesting Computation Period before the change and the first Vesting Computation Period after the change shall be credited with 2 Years of Service for purposes of vesting.
Vesting Computation Period means the 12 consecutive month period used to measure Years of Vesting Service and Breaks in Service for purposes of vesting. The 12 consecutive month period used for the Vesting Computation Period shall be the Plan Year. Effective January 1, 2006, except as otherwise provided in Section 3.13, the provisions of (his Section shall no longer apply for purposes of determining Vesting Service.
Vesting Computation Period means a calendar year.
Vesting Computation Period means a period of twelve (12) consecutive months, which is used for purposes of determining a Participant’s Vested Interest in the Plan (or a component of the Plan). As elected in the Adoption Agreement, either (a) each Vesting Computation Period will consist of each Plan Year; or (b) an Employee’s initial Vesting Computation Period will begin on the Employee’s Employment Commencement Date, and each subsequent Vesting Computation Period will begin on each anniversary of the Employee’s Employment Commencement Date.
Vesting Computation Period means, for purposes of determining Years of Vesting Service, the Plan Year.
Vesting Computation Period means, as designated by the Employer in the Adoption Agreement, the Plan Year or the 12-consecutive-month period beginning on an Employee’s Employment Commencement Date and each anniversary thereof.