Earlier Vesting. Notwithstanding any other provision hereof, a Member’s interest in his Matching Account shall have a Vested Percentage of 100% and be nonforfeitable: (a) on the date of his Termination of Employment by reason of death or Disability; (b) upon his attainment of his Normal Retirement Date (or any higher age) while employed by an Employer or an Affiliate; (c) when and if this Plan shall at any time be terminated for any reason; (d) upon the complete discontinuance of contributions by all Employers hereunder; or (e) upon partial termination of this Plan (within the meaning of section 411(d)(3) of the Code) if such Member is a Member affected by such partial termination.
Appears in 2 contracts
Sources: Savings Plan (Arrow Electronics Inc), Affiliate Agreement (Arrow Electronics Inc)