Credited Hour definition
Credited Hour shall include any back pay award, unreduced for mitigation of damages, made to compensate a Participant in accordance with Section 1 of Article III for periods during which the Participant would have been engaged in work for an Employer. Credited Hours shall be credited to the Computation Year in which such Credited Hours are worked or guaranteed, except that Credited Hours attributable to a backpay award shall be credited to the Computation Year to which the award pertains rather than the Computation Year in which the award is made or paid.
Credited Hour means an hour worked or a work hour guaranteed for which an Employer was required to make a contribution to this Plan in accordance with Section 2 of Article III; provided, however, that for periods ending prior to October 28, 1990, a “Credited Hour” shall not include any hour for which contributions are not received by the Plan if (i) the Employee fails within the following Computation Year to claim “Credited Hours” not shown on the annual report given to him by the Plan, or (ii) the Employer failed to make the required Employer contributions for such hour and such hour was after such Employee was aware, or had reason to believe, that the Employer had failed to make such contributions for other prior hours worked or guaranteed during the same or immediately preceding employment. “Credited Hour” shall include any back pay award, unreduced for mitigation of damages, made to compensate a Participant in accordance with Section 1 of Article III for periods during which the Participant would have been engaged in work for an Employer. Credited Hours shall be credited to the Computation Year in which such Credited Hours are worked or guaranteed, except that Credited Hours attributable to a backpay award shall be credited to the Computation Year to which the award pertains rather than the Computation Year in which the award is made or paid.
Credited Hour means a “Credited Hour” determined under the provisions of the Old Plan that was still credited to a Participant on the Effective Date.
Examples of Credited Hour in a sentence
In addition to the requirements set forth above, no Employee (other than an Employee who is already a Participant on August 2, 1992) shall become a Participant until the last day of the Computation Year in which he completes a Qualified Year (or, if earlier, the July 1 following the completion of the twelve month period, starting on the date the Employee earns his first Credited Hour, during which the Employee accumulates 400 Credited Hours).
More Definitions of Credited Hour
Credited Hour means an hour worked or a work hour guaranteed for which an Employer was required to make a contribution to this Plan in accordance with Section 2 of Article III (and, for periods ending prior to October 28, 1990, for which a Participant was required to make contributions pursuant to Section 4 of Article III); provided, however, that for periods ending prior to October 28, 1990, a “Credited Hour” shall not include any hour for which contributions are not received by the Plan if (i) the Employee fails within the following Computation Year to claim “Credited Hours” not shown on the annual report given to him by the Plan, (ii) the Employer did not withhold the required Employee contribution for such hour and the Employee failed to correct it with the Employer or (iii) the Employer failed to make the required Employer and Employee contributions for such hour and such hour was after such Employee was aware, or had reason to believe, that the Employer had failed to make such contributions for other prior hours worked or guaranteed during the same or immediately preceding employment. “Credited Hour” shall include any back pay award, unreduced for mitigation of damages, made to compensate a Participant in accordance with Sections 2 and 4 of Article III for periods during which the Participant would have been engaged in work for an Employer. 8Credited Hours shall be credited to the Computation Year in which such Credited Hours are worked or guaranteed, except that Credited Hours attributable to a backpay award shall be credited to the Computation year to which the award pertains rather than the Computation Year in which the award is made or paid.
Credited Hour means a Credited Hour determined under the provisions of the Pension Plan that was still credited to such Participant on the Effective Date. For this purpose Credited Hour shall not include:
Credited Hour means a Credited Hour 10 AMENDED—Amendment XXXI, August 23, 2000, retroactively effective December 21, 1997. AMENDED—Amendment XXXIV, February 28, 2001, retroactively effective December 26, 1999. AMENDED—Amendment XXXXIII, December 18, 2002, effective January 1, 2003. 11 ADDED—Amendment XXXIV, February 28, 2001, retroactively effective December 26, 1999. 12 AMENDED—Amendment XXXIV, February 28, 2001, retroactively effective December 26, 1999. 1993 Restated Trust Agreement (Inclusive of Amendments I through XCIII) determined under the provisions of the Pension Plan that was still credited to such Participant on the Effective Date. For this purpose Credited Hour shall not include:
Credited Hour and "Monthly Period" are defined in the letter agreement dated September 25, 2000 among the Company, Jose▇▇ ▇. ▇▇▇▇▇ ▇▇▇ Altamont Capital Management, Inc.