HOURS OF SERVICE REQUIREMENT. Subject to the applicable minimum allocation requirement of Section 3.04, the Advisory Committee will not allocate any portion of an Employer contribution for a Plan Year to any Participant's Account if the Participant does not complete the applicable minimum Hours of Service requirement specified in the Employer's Adoption Agreement.
HOURS OF SERVICE REQUIREMENT. Except as required to satisfy the top-heavy minimum allocation requirement of Article XII, the Plan Administrator will not allocate any portion of an Employer contribution for a Plan Year to any Participant's Account if the Participant does not complete the applicable minimum Hours of Service or consecutive calendar days of employment requirement the Employer specifies in its Adoption Agreement for the relevant period. The Employer in its Standardized Adoption Agreement must elect whether to require a Participant to complete during a Plan Year 501 Hours of Service or to be employed for at least 91 consecutive calendar days under the Elapsed Time Method, to share in the allocation of Employer contributions for that Plan Year where the Participant is not employed by the Employer on the Accounting Date of that Plan Year, including the Plan Year in which the Employer terminates the Plan.
HOURS OF SERVICE REQUIREMENT. Except as required to satisfy the Top-Heavy Minimum Allocation, the Plan Administrator will not allocate any portion of an Employer Contribution for a Plan Year to any Participant's Account if the Participant does not complete the applicable minimum Hours of Service (or consecutive calendar days of employment under the Elapsed Time Method) requirement the Employer specifies in its Adoption Agreement for the relevant period.
HOURS OF SERVICE REQUIREMENT. The Participant completes at least ______ Hours of Service during the Plan Year. However, this condition will be waived for the following reasons (Check at least one): ? The Participant's Death. ? The Participant's Termination of Employment after having incurred a Disability. ? The Participant's Termination of Employment after having reached Normal Retirement Age. ? This condition will not be waived. Option 3: ?
HOURS OF SERVICE REQUIREMENT. Subject to the top heavy minimum allocation requirement of Section 3.04(B), the Advisory Committee will not allocate any portion of an Employer contribution for a Plan Year to any Participant's Account if the Participant does not complete a minimum of 1,000 Hours of Service during the Plan Year, unless the Participant terminates employment during the Plan Year because of death or disability or because of the attainment of Normal Requirement Age in the current Plan Year or in a prior Plan Year. The 1,000 Hours of Service requirement does not apply to an allocation of deferral contributions or matching contributions.
HOURS OF SERVICE REQUIREMENT. Subject to the top heavy minimum allocation requirement of Section 3.04(B), the Advisory Committee will not allocate any portion of an Employer contribution for a Plan Year to any Participant's Account if the Participant does not complete a minimum of 1,000 Hours of Service during the Plan Year, unless the Participant terminates employment during the Plan Year because of death or disability or because of the attainment of Normal Retirement Age in the current Plan Year or in a prior Plan Year. EMPLOYMENT REQUIREMENT. A Participant who, during a particular Plan Year, completes the Hours of Service requirement under this Section 3.06 will share in the allocation of Employer contributions and Participant forfeitures, if any, for that Plan Year without regard to whether he is employed by the Employer on the Accounting Date of that Plan Year.
HOURS OF SERVICE REQUIREMENT. The minimum number of Hours of Service a Participant must complete during a Plan Year in order to receive an allocation of the matching contributions, designated qualified nonelective contributions, discretionary contributions and Participant forfeitures, if any, for the Plan Year is:
HOURS OF SERVICE REQUIREMENT. All contributions 1 Non-Safe Harbor Match Formula 1 Employer Discretionary QNECs QMACs Non-Safe Harbor Match Formula 2
HOURS OF SERVICE REQUIREMENT. Effective for the Plan Year beginning February 1, 1998, a Participant no longer has to meet a service requirement to be eligible to share in the allocation of Employer contributions and Participant forfeitures.
HOURS OF SERVICE REQUIREMENT. Subject to the top-heavy minimum allocation requirement of Article XII, the Plan Administrator will not allocate any portion of an Employer contribution for a Plan Year to any Participant's Account if the Participant does not complete a minimum of 1,000 Hours of Service during the Plan Year, unless the Participant incurs a Separation from Service during the Plan Year because of death or Disability or incurs a Separation from Service after the attainment of Normal Retirement Age in the current Plan Year or in a prior Plan Year.
