Common use of Five Consecutive Breaks in Vesting Service Clause in Contracts

Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant to Section 6.01(D)(3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive Breaks in Vesting Service, the portion of the Participant's Individual Account which is not Vested shall be treated as a Forfeiture and allocated in accordance with Section 3.01(C).

Appears in 13 contracts

Samples: Qualified Retirement Plan and Trust (Cornell Corrections Inc), Qualified Retirement Plan and Trust (Camco Financial Corp), Participation Agreement (Miami Computer Supply Corp)

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Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant to Section 6.01(D)(36.01(DX3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive Breaks in Vesting Service, Service the portion of the Participant's Individual Account which is not Vested shall be treated as a Forfeiture and allocated in accordance with Section 3.01(C).

Appears in 2 contracts

Samples: Nabi /De/, Nabi /De/

Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant to Section 6.01(D)(36.01(D) (3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive Breaks in Vesting Service, the portion of the Participant's Individual Account which is not Vested shall be treated as a Forfeiture and allocated in accordance with Section 3.01(C).

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Edelbrock Corp)

Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant to Section 6.01(D)(3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive Breaks in Vesting Service, the portion of the Participant's Individual Account which is i~ not Vested shall be treated as a Forfeiture and allocated in accordance with Section 3.01(C).

Appears in 1 contract

Samples: Bradford Funds Inc

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Five Consecutive Breaks in Vesting Service. If a Participant neither receives nor is deemed to receive a distribution pursuant pusstnt to Section 6.01(D)(36.01~)(3) or (4) and the Participant does not return to the service of the Employer before incurring 5 consecutive S consscutive Breaks in Vesting Service, the portion of the Participant's Individual Account which is not Vested shall be treated as a Forfeiture Foifeiture and allocated in accordance with Section 3.01(C).

Appears in 1 contract

Samples: Weststar Financial Services Corp

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