Class year Sample Clauses
The "class year" clause defines the specific group or cohort of individuals, typically employees or students, who share a common starting date or period within an organization or program. In practice, this clause is used to distinguish between different groups for purposes such as benefit eligibility, vesting schedules, or academic progression. By clearly identifying which individuals belong to which class year, the clause ensures accurate administration of rights, obligations, or benefits, and helps prevent confusion or disputes regarding group-based entitlements.
Class year. Apply the vesting schedule separately to the Deferred Compensation for each Taxable Year.
Class year. The group of generation and merchant transmission projects included in any particular Class Year Interconnection Facilities Study (Annual Transmission Reliability Assessment and/or Class Year Deliverability Study), in accordance with the criteria specified in this Attachment S and in Attachment Z for including such projects.
