Examples of Reemployment Date in a sentence
Subject to the other requirements of this Article, an Inactive Participant may elect to have all of his vested Accrued Benefit paid to him beginning upon any Settlement Date following his Severance from Service (and prior to a Reemployment Date) in a form of payment allowed hereunder.
The term “ Continuous Service” shall mean, with respect to a Participant, the aggregate years (and fractions thereof) included in the period of time between the Participant’s Employment Date and his or her first Severance from Service Date and, if applicable, each period of time between a Reemployment Date incurred by the Participant and his or her next succeeding Severance from Service Date.
If a Participant who terminates employment with the Employer and all Related Employers is reemployed as an Eligible Employee, he shall again become an Active Participant on his Reemployment Date.
Each Employee who was not a Participant in the Plan immediately prior to January 1, 2014 as described in Subsection 3.1, shall become a Participant for purposes of making Elective Deferrals, Catch-Up and Rollover Contributions on the first day of the month on or after the latest of (i) his or her Employment or Reemployment Date, (ii) the date he or she attains age 18, or (iii) the effective date of the Participation Agreement entered into by his or her Employer.
For purposes of repaying the distribution amounts the “final repayment date” will be 5 years after his Reemployment Date.