Examples of Effective date of participation in a sentence
Upon a Participant’s Effective Date of Participation, the Committee shall grant to the Participant the portion of the Award having a total dollar value equal to 50% of the Participant’s Projected Benefit Amount for the Performance Period (the “Time-Vesting Benefit Amount”) which shall vest over time.
Prior to the Effective Date of Participation, each Employee designated eligible to participate in the 1985 Plan shall execute an Agreement and irrevocably elect to defer a portion of his Compensation otherwise earned and payable on or after the Effective Date of Participation (as determined by the Committee).
The Compensation Committee has designated the following individuals as Participants in the Supplemental Executive Retirement Plan of Tower Financial Corporation: Name Effective Date of Participation ---- ------------------------------- Donald F.
Effective Date of Participation: An Eligible Employee shall become a Participant in the Plan as of the first date Deferred Compensation is credited to his or her Account.
You shall be fully vested at all times in the Plan Benefits as of the Effective Date of Participation, and no specific period of employment or service is required to earn (vest in) any portion of any Plan Benefit.