Common use of Forfeiture Restoration and Conditions for Restoration Clause in Contracts

Forfeiture Restoration and Conditions for Restoration. A partially-Vested Participant re-employed by the Employer after receiving a Cash-Out Distribution of the Vested percentage of his/her Account Balance may repay to the Trust the entire amount of the Cash-Out Distribution (including Elective Deferrals and Employee Contributions if any) without any adjustment for Earnings, unless the Participant no longer has a right to restoration under this Section 5.04(B).

Appears in 3 contracts

Samples: Plan and Trust Agreement (Finisar Corp), Adoption Agreement (Knowles Corp), Participation Agreement (Nci Building Systems Inc)

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Forfeiture Restoration and Conditions for Restoration. A partially-Vested partially‑Vested Participant re-employed re‑employed by the Employer after receiving a Cash-Out Cash‑Out Distribution of the Vested percentage of his/her Account Balance may repay to the Trust the entire amount of the Cash-Out Cash‑Out Distribution (including Elective Deferrals and Employee Contributions if any) without any adjustment for Earnings, unless the Participant no longer has a right to restoration under this Section 5.04(B).

Appears in 1 contract

Samples: Plan and Trust Agreement (Bob Evans Farms Inc)

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