Computation Period Change. When a Plan amendment changes the Plan’s Eligibility Computation Period, an Employee who completes at least 1,000 Hours of Service in both the last pre-amendment Computation Period and the first post-amendment Computation Period under the Plan shall be credited with two Years of Service. The last pre-amendment Computation Period will end during the first post-amendment Computation Period under the Plan as amended.
Appears in 2 contracts
Sources: Defined Contribution Plan and Trust (Comstock Resources Inc), 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)
Computation Period Change. When a Plan amendment changes the Plan’s Eligibility Computation Period, an Employee who completes at least 1,000 Hours of Service in both the last pre-amendment Computation Period and the first post-amendment Computation Period under the Plan shall be credited with two Years of Service. The last pre-amendment Computation Period will end during the first post-post- amendment Computation Period under the Plan as amended.
Appears in 1 contract
Sources: Defined Contribution Plan and Trust (Triad Guaranty Inc)