Common use of Ineligible Employees Clause in Contracts

Ineligible Employees. If an Employee completes the above eligibility requirements, but is Ineligible at the time participation would otherwise begin (if he or she were not Ineligible), he or she shall become a Participant on the first subsequent date on which he or she is an Eligible Employee.

Appears in 15 contracts

Sources: Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/), Savings Plan Amendment (New Nisource Inc), 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc)

Ineligible Employees. If an Employee completes the above eligibility requirements, but is Ineligible at the time participation would otherwise begin (if he or she were not Ineligible), he or she shall become a Participant on the first subsequent date on which he or she is an Eligible Employee.. 10

Appears in 1 contract

Sources: Employee Stock Savings Plan (La Gear Inc)