Amount Restored. The amount to be restored under the preceding provisions of this Section 9.02 shall be the dollar value of the Member's Matching Contribution Account and Supplemental Contribution Account balances, both the amount distributed and the amount forfeited. The Member's Matching Contribution Account and Supplemental Contribution Account balances shall be restored as soon as administratively practicable after the later of the date the Member first performs an Hour of Service after his Separation From Service or the date on which any required repayment is completed. No distribution shall be made to a Member as a result of a prior Separation From Service after the restoration of such account balances has been effectuated.
Appears in 2 contracts
Sources: 401(k) Savings Plan (Kaneb Services LLC), 401(k) Savings Plan (Kaneb Services LLC)
Amount Restored. The amount to be restored under the preceding provisions of this Section 9.02 shall be the dollar value of the Member's Participant’s Matching Contribution Account and Supplemental Contribution Account balances, both the amount distributed and the amount forfeited. The Member's Participant’s Matching Contribution Account and Supplemental Contribution Account balances shall be restored as soon as administratively practicable after the later of the date the Member Participant first performs an Hour of Service after his Separation From Service or the date on which any required repayment is completed. No distribution shall be made to a Member Participant as a result of a prior Separation From Service after the restoration of such account balances has been effectuated.
Appears in 1 contract
Sources: 401(k) Savings Investment Plan Amendment (Furmanite Corp)