Common use of Eligibility Computation Period Clause in Contracts

Eligibility Computation Period. If one Year of Service is required for eligibility, the Plan will determine subsequent Eligibility Computation Periods on the basis of Plan Years (see Section 2.03(a)(2)(i) of the Plan). If more than one Year of Service is required for eligibility, the Plan will determine subsequent Eligibility Computation Periods on the basis of Anniversary Years (see Section 2.03(a)(2)(ii) of the Plan).

Appears in 7 contracts

Sources: 401(k) Plan Adoption Agreement, Volume Submitter Money Purchase Plan Adoption Agreement, 403(b) Plan Adoption Agreement

Eligibility Computation Period. If one Year of Service is required for eligibility, the Plan will determine subsequent Eligibility Computation Periods on the basis of Plan Years (see Section 2.03(a)(2)(i) of the Plan)Years. If more than one Year of Service is required for eligibility, the Plan will determine subsequent Eligibility Computation Periods on the basis of Anniversary Years (see Section 2.03(a)(2)(ii) of the Plan)Years.

Appears in 3 contracts

Sources: 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement