Examples of Break in Continuous Service in a sentence
A "period of service" commences on the day on which the Employee performs his first Hour of Service for the Employer or an Affiliate or, when an Employee incurs a Break in Continuous Service, on the day on which the Employee performs his first Hour of Service following the Break in Continuous Service.
A former Participant may repay the full amount previously distributed to him prior to the earliest of (1) the fifth (5th) anniversary of the former Participant's reemployment by the Employer or (2) the last day of the Plan Year in which the Participant incurs his fifth (5th) consecutive Break in Continuous Service.
The "period of service" ends on the Employee's Termination Date, unless the Employee again resumes employment with the Employer or an Affiliate prior to the occurrence of a Break in Continuous Service, in which case the "period of service" will continue and the Employee also will receive credit for the period of time between the Termination Date and the date of reemployment.(b) SPECIAL RULES FOR MATERNITY AND PATERNITY LEAVES.
After the system has been pretested and the Cont ractor has submitted the pretest results and certification to the COR, then the Contractor shall schedule an acceptance test to date and give the COR written, notice as described herein, prior to the date the acceptance test is expected to begin.
The Credited Service of a vested Participant is not subject to a Break in Continuous Service or forfeiture.A non-vested Participant shall be considered to have sustained a One Year Break in Service if he has failed to earn at least 500 hours of Contributory Service in a Plan year.
The value of the Participant's vested interest in his Profit Sharing Account shall be determined as of the earlier of (1) the Accounting Date immediately preceding the first distribution to the Participant from such Account following his termination of employment or (2) the Accounting Date coinciding with or next on which the Participant incurs his fifth (5th) consecutive one-year Break in Continuous Service.
A Participant who becomes “vested” will not, thereafter, sustain a Break in Continuous Service or forfeiture with respect to any Current Service Credit or Past Service Credit which he has accrued.
The "period of service" ends on the Employee's Termination Date, unless the Employee again resumes employment with the Employer or an Affiliate prior to the occurrence of a Break in Continuous Service, in which case the "period of service" will continue and the Employee also will receive credit for the period of time between the Termination Date and the date of reemployment.
If a Participant incurs 5 or more consecutive One-Year Breaks in Service, then at the end of the Plan year when the total number of One Year Breaks in Service equals or exceeds the total number of his prebreak years of Contributory Service, he shall be deemed to have incurred a Break in Continuous Service and all previously accrued Current Service Credit and Past Service Credit (if any) shall be forfeited.
No One-Year Break in Service under Article II, Section 14, or Break in Continuous Service under Article II, Section 15, will occur during a period of military service nor will the Participant incur a forfeiture with respect to benefits already accrued under Article IV, Section 3.