Common use of Special Waiver of Eligibility Requirements Clause in Contracts

Special Waiver of Eligibility Requirements. The age and/or Service eligibility requirements specified above shall be waived for those eligible Employees who are employed on the following date for the contribution type(s) specified. This waiver applies to either the age or service requirement or both as elected below: Waiver Date Waiver of Age Requirement Waiver of Service Requirement Contribution Type All Contributions Elective Deferrals Employer Discretionary Non-Safe Harbor Match Formula 1 Safe Harbor Contribution QNEC QMAC Non-Safe Harbor Match Formula 2

Appears in 3 contracts

Samples: Prototype Defined Contribution Plan (United Community Bancorp), Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.)

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Special Waiver of Eligibility Requirements. The age and/or Service eligibility requirements specified above shall be waived for those eligible Employees who are employed on the following date for the contribution type(s) specified. This waiver applies to either the age or service requirement or both as elected below: Waiver Date Waiver of Age Requirement Waiver of Service Requirement Contribution Type 01/01/1998 x All Contributions Elective Deferrals Employer Discretionary Non-Safe Harbor Match Formula 1 Safe Harbor Contribution QNEC QMAC Non-Safe Harbor Match Formula 2

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

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Special Waiver of Eligibility Requirements. The age and/or Service eligibility requirements specified above shall be waived for those eligible Employees who are employed on the following date for the contribution type(s) specified. This waiver applies to either the age or service requirement or both as elected below: Waiver Date Waiver of Age Requirement Waiver of Service Requirement Contribution Type 09/01/99 x x All Contributions Elective Deferrals Employer Discretionary Non-Safe Harbor Match Formula 1 Safe Harbor Contribution QNEC QMAC Non-Safe Harbor Match Formula 2

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Atlas America Inc)

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