Common use of Vested Clause in Contracts

Vested. The Participant is % Vested in his/her Account Balance. See Plan Section 5.03(A). [Note: If an Employer makes more than one election under Section 6.01(n)(1), a Participant must satisfy all conditions before the Participant is eligible for the distribution.]

Appears in 2 contracts

Sources: 401(k) Plan Adoption Agreement (Americas Carmart Inc), 401(k) Plan Adoption Agreement (Americas Carmart Inc)

Vested. The Participant is 100% Vested in his/her Account --- Balance. See Plan Section 5.03(A). [Note: If an Employer makes more than one election under Section 6.01(n)(1), a Participant must satisfy all conditions before the Participant is eligible for the distribution.]

Appears in 1 contract

Sources: Adoption Agreement (Gold Banc Corp Inc)

Vested. The Participant is _________ % Vested in his/her Account Balance. See Plan Section 5.03(A). [Note: If an Employer makes more than one election under Section 6.01(n)(1), a Participant must satisfy all conditions before the Participant is eligible for the distribution.]

Appears in 1 contract

Sources: Employee 401(k) Plan (Trimeris Inc)

Vested. The Participant is 100% Vested in his/her Account Balance. See Plan Section 5.03(A). [Note: If an Employer makes more than one election under Section 6.01(n)(1), a Participant must satisfy all conditions before the Participant is eligible for the distribution.]

Appears in 1 contract

Sources: Adoption Agreement (Bank of Granite Corp)