Change in Accrual Computation Periods, Limitation Years, Plan Years and Vesting Computation Periods Sample Clauses

Change in Accrual Computation Periods, Limitation Years, Plan Years and Vesting Computation Periods. As a result of the merger and transfer of assets, the Accrual Computation Periods, Limitation Years, Plan Years and Vesting Computation Periods for the Chestnut Street Exchange Fund, Independence Square Income Securities, Inc., Temporary Investment Fund, Inc., and Trust for Federal Securities Retirement Profit-Sharing Plans have been changed as follows: Plan Old (under old Plan) New (under this Plan) ---- -------------------- --------------------- Chestnut Street Ex- change Fund 1/1 to 12/31 12/1 to 11/30 Independence Square Income Securities, Inc. 1/1 to 12/31 12/1 to 11/30 Temporary Investment Fund, Inc. 10/1 to 9/30 12/1 to 11/30 Trust for Federal Securities 11/1 to 10/31 12/1 to 11/30 This resulted in the following short Accrual Computation Periods, Limitation Years, Plan Years and Vesting Computation Periods: Plan Short Period/Year ---- ----------------- Chestnut Street 1/1/87 to 11/30/87 Independence Square Income Securities, Inc. 1/1/87 to 11/30/87 Temporary Investment Fund, Inc. 10/1/87 to 11/30/87 Trust for Federal Securities 11/1/87 to 11/30/87
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Related to Change in Accrual Computation Periods, Limitation Years, Plan Years and Vesting Computation Periods

  • SUSPENSION OF YEARS OF SERVICE The suspension of Years of Service rule elected under Adoption Agreement Section 2.03 is effective for Plan Years beginning after _____________________.

  • Limitation Year The Limitation Year is: (Choose (c) or (d)) [ x ] (c) The Plan Year. [ ] (d) The 12 consecutive month period ending every _____.

  • Years of Service (i) A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.

  • Plan Year Any reference to “

  • Computation Period Interest on the Loans and all other amounts payable by Borrower hereunder on a per annum basis shall be computed on the basis of a 360-day year and the actual number of days elapsed (including the first day but excluding the last day) unless such calculation would result in a usurious rate, in which case interest shall be calculated on the basis of a 365-day year or 366-day year, as the case may be. In computing the number of days during which interest accrues, the day on which funds are initially advanced shall be included regardless of the time of day such advance is made, and the day on which funds are repaid shall be included unless repayment is credited prior to the close of business on the Business Day received. Each determination by Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • VALUE OF PARTICIPANT'S ACCRUED BENEFIT If a distribution (other than a distribution from a segregated Account) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c))

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid

  • Deferral Period The Deferred Share Units will be subject to a deferral period in accordance with the election made by Grantee and the terms of the Deferred Compensation Plan. The Grantee may change the period of deferral by filing a subsequent election with the Company in accordance with the terms of the Deferred Compensation Plan. During the deferral period, the Grantee will have no right to transfer any rights under his or her Deferred Share Units and will have no other rights of ownership therein.

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Excess Compensation For purposes of Option (f), (g) or (h), "Excess Compensation" means Compensation in excess of the following Integration Level: (Choose (1) or (2))

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