Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 as indicated below < ¨ provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >. (a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period (b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period (c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 2 contracts
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc), 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 3 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 3 as indicated below < ¨ x provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 1 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 1 as indicated below < ¨ provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with ________ (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 as indicated below < ¨ x provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 4 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 4 as indicated below < ¨ x provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of their death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 1 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 1 as indicated below < ¨ x provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of their death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 as indicated below < ¨ x provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of their death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 1 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 1 as indicated below < ¨ x provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 3 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 3 as indicated below < ¨ x provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of their death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any An Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Non-Elective Contribution # 2 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Non-Elective Contribution # 2 purposes for an Allocation Period Year as indicated below < ¨ þ provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x þ Will always be Benefiting Participants regardless of Service ¨ o Must be credited with ___ (max. 1,000) Hours of Service in the Allocation Period ¨ o Must be credited with a ___ (max. 6) month Period of Service in the Allocation Period ¨ o Must be credited with ___ (max. 6) consecutive calendar months of employment in the Allocation Period ¨ o Must be credited with ___ (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ þ or Early Retirement Age >, or because of death or Disability > (check one) ¨ þ Will not be Benefiting Participants for that Allocation Period x o Will always be Benefiting Participants regardless of Service ¨ o Must be credited with ___ (max. 1,000) Hours of Service in the Allocation Period ¨ o Must be credited with a ___ (max. 6) month Period of Service in the Allocation Period ¨ o Must be credited with ___ (max. 6) consecutive calendar months of employment in the Allocation Period ¨ o Must be credited with ___ (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason because of their Disability (check one) ¨ þ Will not be Benefiting Participants for that Allocation Period x o Will always be Benefiting Participants regardless of Service ¨ o Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ o Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ o Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ o Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(d) Participants who Terminate Employment before the last day of the Allocation Period because of their death (check one) þ Will not be Benefiting Participants for that Allocation Period o Will always be Benefiting Participants regardless of Service o Must be credited with (max. 1,000) Hours of Service in the Allocation Period o Must be credited with a (max. 6) month Period of Service in the Allocation Period o Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period o Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(e) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) þ Will not be Benefiting Participants for that Allocation Period o Will always be Benefiting Participants regardless of Service o Must be credited with (max. 1,000) Hours of Service in the Allocation Period o Must be credited with a (max. 6) month Period of Service in the Allocation Period o Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period o Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)
Allocation Requirements. Any Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Contribution # 2 4 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Contribution # 2 4 as indicated below < ¨ x provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)
Allocation Requirements. Any An Employee who has entered the Plan as a Participant for purposes of Non-Safe Harbor Matching Non-Elective Contribution # 2 and who makes an Elective Deferral during an Allocation Period < ¨ and who is an NHCE for that Allocation Period > will be a Benefiting Participant for that Allocation Period for purposes of Non-Safe Harbor Matching Non-Elective Contribution # 2 purposes for an Allocation Period Year as indicated below < ¨ provided the Participant is still an Eligible Employee under Section 1.2(b) on the last day of the Allocation Period (or earlier Termination of Employment) >.
(a) Participants who are still Employees on the last day of the Allocation Period (check one) x ¨ Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(b) Participants who Terminate Employment before the last day of the Allocation Period because of retirement on or after Normal Retirement Age < ¨ or Early Retirement Age >, or because of their death or Disability (check one) ¨ Will not be Benefiting Participants for that Allocation Period x ¨ Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
(c) Participants who Terminate Employment before the last day of the Allocation Period for any other reason (check one) ¨ Will not be Benefiting Participants for that Allocation Period x ¨ Will always be Benefiting Participants regardless of Service ¨ Must be credited with (max. 1,000) Hours of Service in the Allocation Period ¨ Must be credited with a (max. 6) month Period of Service in the Allocation Period ¨ Must be credited with (max. 6) consecutive calendar months of employment in the Allocation Period ¨ Must be credited with (max. 182) consecutive days of employment in the Allocation Period
Appears in 1 contract
Sources: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)