Common use of Break in Service Rules Clause in Contracts

Break in Service Rules. The following Break-in-Service rules apply to the Plan. (Select 1. or 2.) 1. [ ] Reemployed after five (5) 1-Year Breaks in Service ("rule of parity" provisions) (Plan Section 3.5(e) and (f)). The "rule of parity" provisions in Plan Section 3.5(e)/(f) will apply for (select one or both): a. [ ] eligibility purposes b. [ ] vesting purposes 2. [ ] Break-in-Service rules for rehired Employees. The following Break-in-Service rules set forth in Plan Sections 3.2 and 3.5 apply: (select one or both) a. [ ] all Break-in-Service rules set forth in such Sections. b. [ ] only the following: (specify which provisions apply to the Plan) NOTE: If 16.c of the Adoption Agreement is selected and rehired employees are treated as a new hire, the options under this B.c. are not applicable.

Appears in 2 contracts

Sources: Adoption Agreement, Adoption Agreement