Vesting service computation method Clause Samples
Vesting service computation method. (Unless D.1.ii (Elapsed Time) is selected, the Plan will use the Hours of Service method for determining vesting service. If D.1.ii (Elapsed Time) is selected, questions D.2 through D.4 are disregarded.):
i. [ ] Hours of Service
ii. [ ] Elapsed Time
Vesting service computation method a. ☑ Hours of Service. Number of Hours of Service necessary for a Year of Vesting Service: 1,000
b. □ Elapsed Time