Qualified Order definition
Examples of Qualified Order in a sentence
New Guarantor shall execute and deliver to Lender the Guaranty (as defined in Article A, Section 8), which shall be equivalent in form and substance to the Carve-Out Guaranty.
For Qualified Orders, if CPR has not presented a candidate to Select by the Deadline, then the Qualified Order Fee for that month shall be calculated as the respective Hours for that order times the hourly ▇▇▇▇ rate for that order (the product of which is the “Gross Qualified Orders”) times XXXXX.
Model QDROs for both types of orders are available from the Qualified Order Center.
Any orders that are not qualified by CPR as a Qualified Order, or if CPR does not respond to Select, as discussed below, within 48 hours, the order will be qualified as a “Will Try” order.
If the candidate is rejected by Select or the end-user client, then CPR’s obligation is still considered satisfied and no Qualified Order Fee shall be charged.
The address is: Qualified Order Center P.O. Box 1433 Lincolnshire, IL ▇▇▇▇▇-▇▇▇▇ Phone: ▇-▇▇▇-▇▇▇-▇▇▇▇ and ask for the Qualified Order Center Fax: ▇-▇▇▇-▇▇▇-▇▇▇▇ A QDRO is a domestic relations order issued by a court that creates or recognizes the existence of an alternate payee’s right to all or a portion of your accrued benefits.
If CPR qualifies an order for a Temp, it will further determine which Basket such order will be classified as, and the Basket determines how long CPR has to present to Select a candidate’s name and qualifications (“Deadline”), and the number of hours (the “Hours”) used in the calculation of the Qualified Order Fee, which in any case shall not be more than the actual hours in the work order, should CPR not meet the respective Deadline.
Further, for any Qualified Order where CPR does not present a candidate by the appropriate Deadline, then the Split Ratio shall beXXXXX—XXXXX , with XXXXX going to Select and XXXXX going to CPR.
The Plan has adopted special procedures regarding QDROs, which may be obtained from the Qualified Order Center.
If Select fills a Qualified Order prior to CPR, then Select shall notify CPR and no Qualified Order Fee shall be charged.