ENTRY SERVICE Sample Clauses
ENTRY SERVICE subject to the provisions of Plan Section 1.02, shall be determined as follows: (Select (a) or (b) if service is required for entry.)
a) |X|ELAPSED TIME METHOD. Entry Service is the total of an Employee's Periods of Service without regard to Hours of Service.
b) [ ]HOURS METHOD. A year of Entry Service is an Entry Service Period in which an Employee has at least 1,000 Hours of Service, unless otherwise specified in (i) below.
i) [ ] _________ (Up to 999.) Hours of Service.
ENTRY SERVICE subject to the provisions of the Plan Section 1.02, shall be determined as follows:
a) [ ] ELAPSED TIME METHOD. Entry Service is the total of an Employee's countable Periods of Service without regard to Hours of Service.
b) [X] HOURS METHOD. A year of Entry Service is an Entry Service Period which has ended and in which an Employee has 1,000 Hours of Service, unless a lesser number is specified in (i) below.
i) [ ] ____ Hours of Service
ii) [ ] A year of Entry Service shall be credited before the end of the Entry Service Period if the Employee has the number of Hours of Service specified above.
iii) An ENTRY SERVICE PERIOD is the 12-consecutive month period beginning on an Employee's Hire Date and each following 12-consecutive month period ending on the last day of the Plan Year, including the 12-consecutive month period ending on the last day of the first Plan Year after his Hire Date, unless otherwise specified in A. below. (See Plan Section 1.02 for the crediting of Entry Service during the first two periods.)
A. [ ] An Entry Service Period is the 12-consecutive month period beginning on an Employee's Hire Date and each following 12-consecutive month period beginning on an anniversary of that Hire Date.
iv) An ENTRY BREAK in service, when the Hours Method is used, is an Entry Service Period in which an Employee is credited with not more than one-half of the Hours of Service required for a year of Entry Service, unless otherwise specified in A. below.
A. [ ] ____ or fewer Hours of Service.
ENTRY SERVICE subject to the provisions of Plan Section 1.02, shall be determined as follows:
a) [ ] ELAPSED TIME METHOD. Entry Service is the total of an Employee's countable Periods of Service without regard to Hours of Service.
ENTRY SERVICE. Subject to the provisions of Plan Section 1.02, Entry Service shall be determined based on the selection(s) made above and in (b) below, if applicable: a) ELAPSED TIME METHOD. Entry Service is the total of an Employee’s Periods of Service without regard to Hours of Service. Entry Requirements All Contributions Elective Deferral Contributions Matching Contributions / Safe Harbor Contributions All other Contributions 1 year (elapsed time) 2 years (elapsed time) 1 year (hours) 2 years (hours) ____ months (up to 12, elapsed time) 30 days (up to 120, elapsed time) x Entry Date All Contributions Elective Deferral Contributions Matching Contributions / Safe Harbor Contributions All other Contributions Day the entry requirements are satisfied Monthly Date Quarterly Date x Semi-yearly Date Yearly Date