Common use of Statutory Clause in Contracts

Statutory. The later of age 65 or the fifth anniversary of participation in the Plan. For this purpose only, participation is assumed to commence as of the first day of the first Plan Year in which the Employee became a Participant. ☐ b. Age (not to exceed 65).

Appears in 3 contracts

Samples: Adoption Agreement, Volume Submitter Adoption Agreement, Volume Submitter Adoption Agreement

AutoNDA by SimpleDocs

Statutory. The later of age 65 or the fifth anniversary of participation in the Plan. For this purpose only, participation is assumed to commence as of the first day of the first Plan Year in which the Employee became a Participant. ☐ b. Age (not to exceed 65).

Appears in 3 contracts

Samples: Volume Submitter Adoption Agreement, Adoption Agreement (Eureka Financial Corp.), Volume Submitter Adoption Agreement

Statutory. The later of age 65 sixty-five (65) or the fifth (5th) anniversary of participation in the Plan. For this purpose only, participation is assumed to commence as of the first day of the first Plan Year in which the Employee became a Participant. ☐ b. Age (not to exceed 65).

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

Statutory. The later of age 65 or the fifth 5th anniversary of participation in the Plan. For this purpose only, participation is assumed to commence as of the first day of the first Plan Year in which the Employee became a Participant. ☐ b. Age (not to exceed 65).

Appears in 2 contracts

Samples: Adoption Agreement, Volume Submitter Adoption Agreement

AutoNDA by SimpleDocs

Statutory. The later of age 65 or the fifth 5th anniversary of participation in the Plan. For this purpose only, participation is assumed to commence as of the first day of the first Plan Year in which the Employee became a Participant. ☐ b. Age (not to exceed 65).. If the age selected is less than 55 or less than the earliest retirement age that is reasonably representative of the typical retirement age for the industry in which the Plan Participants work, then, effective May 22, 2007, the Normal Retirement Age shall be changed to the following later age:

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.