VESTING SERVICE-EXCLUSIONS Sample Clauses

VESTING SERVICE-EXCLUSIONS. All of an Employee's years of Service with the Employer shall be counted to determine the vested interest of such Employee except:
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VESTING SERVICE-EXCLUSIONS. [See Section 3.8.] In addition to any service that is disregarding under the Break in Service rules described below and in Section 3.7(c), the following service will be excluded for vesting purposes:
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VESTING SERVICE-EXCLUSIONS a. ☐ No exclusions b. ☐ Period before Employee attains age 18
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VESTING SERVICE-EXCLUSIONS. [See (S) 3.8.] In addition to any service that is disregarded under the Break in Service rules described below and in (S) 3.7(c), the following service will be excluded for vesting purposes: a. [_] STANDARD: No other exclusions. b. [X] Years of Service before age 18. c. [_] Years of Service before the Employer or an Affiliate maintained this Plan or a predecessor plan. d. [_] Years of Service during a period for which the Employee made no mandatory contributions under a Pre-Existing Plan.
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VESTING SERVICE-EXCLUSIONS. [Sec Section 3.8] In addition to any service that is disregarded under the Break in Service Rules described below and in Section 3.7(c), the following service will be excluded for vesting purposes: a. [ ] STANDARD: No other exclusions, b. [x] Years of Service before age 18. c. [ ] Years of Service before the Employer or an Affiliate maintained this Plan or a predecessor plan. d. [ ] Years of Service during a period for which the Employee made no mandatory contributions under a Pre-Existing Plan. 2. Predecessor Employer Service (Vesting and Participation). Generally, example, the Employer maintains the plan of a predecessor employer (.for example, an acquired company), service for a predecessor employer will not be credited as service under this Plan. [Check and attach appropriate addendum only if desired. See Section 3,4]. 8 [x] Service credit will be given under this Plan for certain predecessor employers for participation. and/or vesting purposes to the extent provided in Addendum V.B.2. 3. Break in Service Rules. [See Section 3.7 and Section 8.2] Generally, all service completed before a Break in Service will be credited upon reemployment. Certain service may be excluded under the following rules: a. [ ] STANDARD: No exclusions. [See Section 3.7 (a).] b. [x] One Year Hold Out Rule". [See Section 3,7 (b)(1).] This rule, generally, requires rehired Employees to complete a Year of Service before prior vesting and participation service is restored. c. [ ] "Rule of Parity". [See Section 3.7 (b)(3).] This rule, generally, disregards vesting and participation service completed before 5 uninterrupted Breaks in Service, d. [ ] "Alternative Maternity/Paternity Rule". [Not applicable if "Elapsed Time" is selected. See Section 3.7 (b)(4).] This rule, generally, increases the number of Breaks in Service from 5 to 6 for all Employees in lieu of crediting service for maternity/paternity leave. e. [ ] Alternative to "Buy Back Rule", [See Section 8.2 (h). 1 This rule, generally, does not require former participants (less than 100% vested) to pay back previous distributions upon reemployment (vesting only). A rehired Participant's vested interest in restored amounts will be determined under: [Check one. See Section 8.2 (a), Section 8,2 (b) and Section 8.2 (c),] (1) [ ] STANDARD: Formula A (2) [ ] Formula B VI. EMPLOYEE CONTRIBUTIONS. A. Elective Deferrals. Elective Deferrals [See Section 5.3 (f) and. Section 7.3 (a). Check one.] 1. [ x ] STANDARD: will be allowed. [Compl...
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Related to VESTING SERVICE-EXCLUSIONS

  • Vesting Period The vesting period of the Restricted Stock (the “Vesting Period”) begins on the Grant Date and continues until such date as is set forth on Schedule A as the date on which the Restricted Stock is fully vested. On the first Annual Vesting Date following the date of this Agreement and each Annual Vesting Date thereafter the number of shares of Restricted Stock equal to the Annual Vesting Amount shall become vested, subject to earlier forfeiture as provided in this Agreement. To the extent that Schedule A provides for amounts or schedules of vesting that conflict with the provisions of this paragraph, the provisions of Schedule A will govern. Except as permitted under Section 10, the shares of Restricted Stock for which the applicable Vesting Period has not expired may not be sold, assigned, transferred, pledged or otherwise disposed of or encumbered (whether voluntary or involuntary or by judgment, levy, attachment, garnishment or other legal or equitable proceeding). The Employee shall not have the right to receive cash dividends paid on shares of Restricted Stock for which the applicable Vesting Period has not expired. In lieu thereof, the Employee shall have the right to receive from the Company an amount, in cash, equal to the cash dividends payable on shares of Restricted Stock for which the applicable Vesting Period has not expired, provided the Employee is employed by the Company on the payroll date coinciding with or immediately following the date any such cash dividends are paid on the Restricted Shares. The Employee shall have the right to vote the Restricted Stock, regardless of whether the applicable Vesting Period has expired.

  • Vesting Date All remaining shares of Restricted Stock will become vested on the Vesting Date.

  • Performance Termination Commencing with the expiration of Fiscal Year 2014, in the event that Adjusted NOI does not equal or exceed the Performance Threshold, then the Tenant shall have the option to terminate this Agreement by providing a ninety (90) day written notice to the Management Company. To terminate this Agreement, Tenant must deliver written notice of such election to Management Company no later than sixty (60) days following Tenant’s receipt of the annual financial reports for such Fiscal Year.

  • Performance Excused Continued performance of a Service may be suspended immediately to the extent caused by any event or condition beyond the reasonable control of the Party suspending such performance including, but not limited to, any act of God, fire, labor or trade disturbance, war, civil commotion, compliance in good faith with any law, unavailability of materials or other event or condition whether similar or dissimilar to the foregoing (each, a “Force Majeure Event”).

  • Duration of Services The obligation of GGP to perform any individual Service described in or contemplated by this Section G shall terminate upon the earliest to occur of (a) 18 months following the Distribution Date, (b) five days following written notice of termination of such Services by Spinco to GGP and (c) the applicable termination date pursuant to Article IX of the Agreement. GGP agrees to use appropriate and reasonable efforts, as mutually agreed upon by the parties and at Spinco’s cost, to (i) ensure that any terminated Service is integrated into Spinco’s broader business processes and/or (ii) complete any individual Service in this Section G requested by Spinco prior to the termination described in the prior sentence.

  • Service Providing Methodology 1.3.1 Party A and Party B agree that during the term of this Agreement, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A, which shall provide the specific contents, manner, personnel, and fees for the specific services.

  • Scope of Service See Appendix 1 for the scope of relevant technology service provided by Party B to Party A.

  • Vesting Provisions The Options shall become exercisable in five equal installments on each of the first five anniversaries of the Grant Date, subject to the Employee’s continuous employment with Holding or any Subsidiary from the Grant Date to such anniversary.

  • Service Period The Company hereby agrees to continue to retain the services of the Executive, and the Executive hereby agrees to provide services to the Company and its successors, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the second anniversary of such date (the “Service Period”).

  • Quality of Service At all times, Contractor shall provide Regional Airline Services with appropriate standards of care, but in no event lower than such standards utilized by Continental as of the date of this Agreement. Continental procedures, performance standards and means of measurement thereof concerning the provision of air passenger and air cargo services shall be applicable to all Regional Airline Services provided by Contractor. Contractor shall achieve at least the comparable quality of airline service as provided by Continental, subject to limitations imposed by the type of aircraft used by Contractor, its route network and the availability of equipment and facilities, as compared to those of Continental. Contractor shall comply with all airline customer service commitments or policies of Continental as of the date hereof, including without limitation the "CustomerFirst" commitments, and employee conduct, appearance and training policies in place as of the date hereof, and shall handle customer-related services in a professional, businesslike and courteous manner. In connection therewith, Contractor shall maintain aircraft cleaning cycles and policies, and shall maintain adequate staffing levels, to ensure at least a comparable level of customer service and operational efficiency that Continental achieves, including without limitation in respect of customer complaint response, ticketing and boarding timing, and baggage services. In addition, at the request of Continental, Contractor shall comply with all such airline customer service commitments, policies or standards of care of Continental as adopted, amended or supplemented after the date hereof, provided that Continental shall reimburse Contractor for the reasonable out-of-pocket costs of Contractor of complying with such policies in excess of the costs of complying with such policies as in effect as of the date of this Agreement. Contractor shall provide Continental with timely communication regarding the status of all Scheduled Flights, and shall perform closeout procedures at service levels at least as high as those of Continental at comparably-sized airports. Contractor will use Continental's standard procedures for processing and adjudicating all claims for which Contractor is responsible in an effort to avoid such matters becoming the subject of litigation or insurance claims. Contractor and Continental will periodically meet to discuss and review Contractor's customer service and handling procedures and policies and its employees' conduct, appearance and training standards and policies in an effort to ensure compliance with this Agreement, and to agree to the terms of any necessary corrective action plan and the timing of its implementation.

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