Common use of Employer Account Vesting Schedule Clause in Contracts

Employer Account Vesting Schedule. Prior to attaining Normal Retirement Age, a Participant’s Vested Balance in the amounts credited to his Employer Account shall be determined in accordance with the vesting schedule specified in the Adoption Agreement. Notwithstanding the preceding sentence, in Top-Heavy Plan Years, a Participant’s Vested Balance in his Employer Account shall be determined pursuant to the vesting schedule under Section 9.03 of the Plan.

Appears in 2 contracts

Samples: Adoption Agreement (BRPP LLC), Adoption Agreement (Sonic Corp)

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Employer Account Vesting Schedule. Prior to attaining Normal Retirement Age, a Participant’s 's Vested Balance in the amounts credited to his Employer Account shall be determined in accordance with the vesting schedule specified in the Adoption Agreement. Notwithstanding the preceding sentence, in Top-Heavy Plan Years, a Participant’s 's Vested Balance in his Employer Account shall be determined pursuant to the vesting schedule under Section 9.03 8.03 of the Plan.

Appears in 2 contracts

Samples: Metals Usa Inc, Metals Usa Inc

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Employer Account Vesting Schedule. Prior to attaining Normal Retirement Age, a Participant’s Vested Balance in the amounts credited to his Employer Account shall be determined in accordance with the vesting schedule specified in the Adoption Agreement. Notwithstanding the preceding sentence, in Top-Heavy Plan Years, a Participant’s Vested Balance in his Employer Account shall be determined pursuant to the vesting schedule under Section 9.03 of the Plan8.03.

Appears in 1 contract

Samples: Fairfax Financial Holdings LTD/ Can

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