Common use of Regular Method Clause in Contracts

Regular Method. If this method is selected, a One- Year Break In Service shall occur in any Computation Period in which the Employee completes not more than [ 100] (fill in blank, but not to exceed 500) Hours of Service.

Appears in 2 contracts

Sources: Defined Contribution Plan (Profit Sharing or Profit Sharing 401(k)) (Temporary Investment Fund Inc), Adoption Agreement (RBB Fund Inc)

Regular Method. If this method is selected, a One- One-Year Break In Service shall occur in any Computation Period in which the Employee completes not more than [ 100] (fill in blank, but not to exceed 500) Hours of Service.

Appears in 2 contracts

Sources: Defined Contribution Plan Adoption Agreement (Chestnut Street Exchange Fund), Defined Contribution Plan and Trust Agreement (Trust for Federal Securities)