Common use of Date of Participation Clause in Contracts

Date of Participation. An eligible Employee (as set forth in Section 1.03(a)) will become a Participant in the Plan on the first Entry Date after which he becomes an eligible Employee if he has filed an election pursuant to Section 4.01. If the eligible Employee does not file an election pursuant to Section 4.01 prior to his first Entry Date, then the eligible Employee will become a Participant in the Plan as of the first day of a Plan Year for which he has filed an election.

Appears in 2 contracts

Samples: Adtran Inc, Adoption Agreement (Fair Isaac & Company Inc)

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Date of Participation. An eligible Employee (as set forth in Section 1.03(a)) who has filed an election pursuant to Section 4.01 will become a Participant in the Plan on the first Entry Date after coincident with or following the date on which he becomes an eligible Employee if he has filed an such election pursuant to Section 4.01. If the eligible Employee does not file an election pursuant to Section 4.01 prior to his first Entry Datewould otherwise become effective, then the eligible Employee will become a Participant in the Plan as of the first day of a Plan Year for which he has filed an electiondetermined under Section4.01.

Appears in 2 contracts

Samples: Important Note (Amylin Pharmaceuticals Inc), Hayward Holdings, Inc.

Date of Participation. An eligible Employee (as set forth in Section 1.03(a)) will become a Participant in the Plan on the first Entry Date after which he becomes an eligible Employee if he has filed an election pursuant to Section 4.01. If the eligible Employee does not file an election pursuant to Section 4.01 prior to his first Entry Date, then the eligible Employee will become a Participant in the Plan as of the first day of a Plan Year for which he has filed an election.

Appears in 1 contract

Samples: Adoption Agreement (Fair Isaac & Company Inc)

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Date of Participation. An eligible Employee (as set forth in Section 1.03(a)) who has filed an election pursuant to Section 4.01 will become a Participant in the Plan on the first Entry Date after coincident with or following the date on which he becomes an eligible Employee if he has filed an such election pursuant to would otherwise become effective, as determined under Section 4.01. If the eligible Employee does not file an election pursuant to Section 4.01 prior to his first Entry Date, then the eligible Employee will become a Participant in the Plan as of the first day of a Plan Year for which he has filed an election.

Appears in 1 contract

Samples: Adoption Agreement (ITC Holdings Corp.)

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