Common use of Regular Method Clause in Contracts

Regular Method. (1) The first day of the Plan Year (this option cannot be used unless the maximum age and service requirements are reduced by 1/2 year (i.e., age 20 1/2 or less must be selected in Section A.2.2(B)(1)(a)(ii) and the service requirement in Section A.2.2(B)(1)(a) (i) must be reduced by 1/2 year), coincident with, or, if the first day of the Plan Year does not so coincide, the first day of the Plan Year next following, the date on which an Employee meets the eligibility requirements of Article II of the Plan. (2) The first day of the Plan Year or the date six months after the first day of the Plan Year (whichever date is earlier), coincident with, or if such dates do not so coincide, the first day of the Plan Year or the date six months after the first day of the Plan Year (whichever date is earlier) next following, the date on which an Employee meets the eligibility requirements of Article II of the Plan. (3) The first day of the month coincident with, or if the first day of the month does not so coincide, the first day of the month next following, the date on which an Employee meets the eligibility requirements of Article II of the Plan. (4) The Employee's date of hire. [ X ] (5) The date on which the eligibility requirements of Article II of the Plan are met.

Regular Method. (1) The first day of the Plan Year (this option cannot be used unless the maximum age and service requirements are reduced by 1/2 year (i.e.I.E., age 20 1/2 or less must be selected in Section A.2.2(B)(1)(a)(ii) and the service requirement in Section A.2.2(B)(1)(a) (i) must be reduced by 1/2 year), coincident with, or, if the first day of the Plan Year does not so coincide, the first day of the Plan Year next following, the date on which an Employee meets the eligibility requirements of Article II of the Plan. (2) The first day of the Plan Year or the date six months after the first day of the Plan Year (whichever date is earlier), coincident with, or if such dates do not so coincide, the first day of the Plan Year or the date six months after the first day of the Plan Year (whichever date is earlier) next following, the date on which an Employee meets the eligibility requirements of Article II of the Plan. (3) The first day of the month coincident with, or if the first day of the month does not so coincide, the first day of the month next following, the date on which an Employee meets the eligibility requirements of Article II of the Plan. (4) The Employee's date of hire. [ X ] (5) The date on which the eligibility requirements of Article II of the Plan are met.