Common use of Vesting of contributions Clause in Contracts

Vesting of contributions. The Company matching contribution for employees hired after August 19, 2014, will be subject to the following five (5) year graded vesting schedule: – After 2 years of service: 40% vested – After 3 years of service: 60% vested – After 4 years of service: 80% vested – After 5 years of service: 100% vested

Vesting of contributions. i. The Company fixed and matching contribution for employees hired after August April 19, 20142013, will be subject to the following five (5) year graded vesting schedule: – After 2 years of service: 40% vested – After 3 years of service: 60% vested – After 4 years of service: 80% vested – After 5 years of service: 100% vested ii. The Company fixed and matching contribution for employees who exercise the option described in Article 8, Section 8.1(B)(iii) of the MIFA # 2 Agreement will continue to be subject to a three (3) year “cliff” vesting schedule (100% vested after 3 years of service).

Vesting of contributions. i. The Company fixed and matching contribution for employees hired after August April 19, 20142013, will be subject to the following five (5) year graded vesting schedule: – After 2 years of service: 40% vested – After 3 years of service: 60% vested – After 4 years of service: 80% vested – After 5 years of service: 100% vested ii. The Company fixed and matching contribution for employees who exercise the option described in Article 8, Section 8.1(B)(iii) of the MIFA #2 Agreement will continue to be subject to a three (3) year “cliff” vesting schedule (100% vested after 3 years of service).

Vesting of contributions. The Company matching contribution for employees hired after August 19Effective January 1, 20142010, will be subject to the following five (5) five-year graded vesting scheduleschedule applies to both the Company Matching Contribution and the Fixed Company Contribution for newly hired employees: – After Less than 2 years Years of service: Service 0% 2 Years of Service 40% vested – After 3 years Years of service: Service 60% vested – After 4 years Years of service: Service 80% vested – After 5 years Years of service: Service 100% vested%