Equivalency Method. Under an Equivalency Method, for each equivalency period for which the Plan Administrator would credit the Employee with at least one Hour of Service, the Plan Administrator will credit the Employee with: (i) 10 Hours of Service for a daily equivalency; (ii) 45 Hours of Service for a weekly equivalency; (iii) 95 Hours of Service for a semimonthly payroll period equivalency; and (iv) 190 Hours of Service for a monthly equivalency.
Appears in 6 contracts
Samples: Participation Agreement (Petco Animal Supplies Inc), Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Trimeris Inc
Equivalency Method. Under an Equivalency Method, for each equivalency period for which the Plan Administrator would credit the Employee with at least one Hour of Service, the Plan Administrator will credit the Employee with: (ia) 10 Hours of Service for a daily equivalency; (iib) 45 Hours of Service for a weekly equivalency; (iiic) 95 Hours of Service for a semimonthly payroll period equivalency; and (ivd) 190 Hours of Service for a monthly equivalency.
Appears in 3 contracts
Samples: Plan and Trust Agreement (Finisar Corp), Adoption Agreement (Knowles Corp), Participation Agreement (Nci Building Systems Inc)
Equivalency Method. Under an Equivalency Method, for each equivalency period for which the Plan Administrator would credit the Employee with at least one Hour of Service, the Plan Administrator will credit the Employee with: (i1) 10 Hours of Service for a daily equivalency; (ii2) 45 Hours of Service for a weekly equivalency; (iii3) 95 Hours of Service for a semimonthly payroll period equivalency; and (iv4) 190 Hours of Service for a monthly equivalency.
Appears in 1 contract
Samples: willamette.edu
Equivalency Method. Under an Equivalency Method, for each equivalency period for which the Plan Administrator would credit the Employee with at least one Hour of Service, the Plan Administrator will credit the Employee with: (ia) 10 Hours of Service for a daily equivalency; (iib) 45 Hours of Service for a weekly equivalency; (iiic) 95 Hours of Service for a semimonthly semi‑monthly payroll period equivalency; and (ivd) 190 Hours of Service for a monthly equivalency.
Appears in 1 contract
