Common use of Uniform Points Allocation Formula Clause in Contracts

Uniform Points Allocation Formula. The allocation for each eligible Participant will be determined on a uniform points method. Each eligible Participant's allocation shall bear the same relationship to the Employer contribution as the Participant's total points bears to all points awarded. Each eligible Participant will receive _____ points for each of the following: [ ]1._____ year(s) of age. [ ]2._____ Year(s) of Service determined: ▇. ▇▇ the same manner as determined for eligibility. ▇. ▇▇ the same manner as determined for vesting. [ ]c.Points will not be awarded with respect to Year(s) of Service in excess of _____. [ ]3.$_________ (not to exceed $200) of Compensation.

Uniform Points Allocation Formula. The allocation for each eligible Participant will be determined on by a uniform points method. Each eligible Participant's ’s allocation shall bear the same relationship to the Employer contribution as the Participant's ’s total points bears to all points awarded. Each eligible Participant will receive _____ points for each of the following: [ ]: ¨ 1._____ . year(s) of age. ¨ 2. [ ]2._____ Year(s) of Service determined: ▇. ▇▇ ¨ a. In the same manner as determined for eligibility. ▇. ▇▇ ¨ b. In the same manner as determined for vesting. [ ]c.. ¨ c. Points will not be awarded with respect to Year(s) of Service in excess of _____. ¨ 3. [ ]3.$$_________ (not to exceed $200) of Compensation.

Uniform Points Allocation Formula. The allocation for each eligible Participant will be determined on by a uniform points method. Each eligible Participant's allocation shall bear the same relationship to the Employer contribution as the Participant's total points bears to all points awarded. Each eligible Participant will receive _____ points for each of the following: [ ]] 1.. _____ year(s) of age. [ ]] 2.. _____ Year(s) of Service determined: ▇. ▇▇ a. In the same manner as determined for eligibility. ▇. ▇▇ b. In the same manner as determined for vesting. [ ]c.] c. Points will not be awarded with respect to Year(s) of Service in excess of _____. [ ]3.$] 3. $_________ (not to exceed $200) of Compensation.