Years of Service means the total number of full years in which a Participant has been employed by one or more Employers. For purposes of this definition, a year of employment shall be a 365 day period (or 366 day period in the case of a leap year) that, for the first year of employment, commences on the Employee's date of hiring and that, for any subsequent year, commences on an anniversary of that hiring date. Any partial year of employment shall not be counted.
Years of Service means each Plan Year of Service completed by the Participant. For vesting purposes, Years of Service shall be calculated from the date designated in the Adoption Agreement and Service shall be based on service with the Company and all Participating Employers.
Years of Service means each one year period for which the Participant receives service credit in accordance with the provisions of Section 7.01(d) of the Adoption Agreement.
Examples of Years of Service in a sentence
Years of service shall be computed on the basis of anniversary dates of employment and an employee shall not be entitled to vacation leave until earned.
Less than 5 years None 5 but less than 10 25% 10 but less than 15 50% 15 but less than 20 75% 20 or more 100% Years of service as used herein shall be the equivalent of full-time continuous service in a regular position.
The hourly base rates of pay shall be as follows: Years of service 7/1/2023 7/1/2024 7/1/2025 3% 3% 3% Probationary $22.55 $23.23 $23.93 After 1 Full Year $25.53 $26.30 $27.09 After 2 Full Years $28.52 $29.38 $30.26 After 3 Full Years $32.92 $33.91 $34.93 The above rates were calculated after the roll in of longevity.
More Definitions of Years of Service
Years of Service means the twelve (12) consecutive month period beginning on the Executive’s date of hire and any twelve (12) month anniversary thereof during the entirety of which time the Executive is an employee of the Bank. Service with a subsidiary or other entity controlled by the Bank before the time such entity became a subsidiary or under such control shall not be considered “credited service.”
Years of Service means the total number of twelve-month periods during which the Executive is employed on a full-time basis by the Company, inclusive of any approved leave of absence.
Years of Service means the total number of twelve-month periods during which the Director serves as a member of the Company's Board of Directors.
Years of Service means Participant’s total number of years of “accumulated service” as such term is defined with respect to salaried employees under the Retirement Plan for Koppers Inc. (regardless of whether Participant is eligible to receive a benefit under such plan).
Years of Service means each Plan Year of Service completed by the Participant. For vesting purposes, Years of Service shall be calculated from the date designated in the Adoption Agreement.
Years of Service means the Employee’s total years of employment with a Regency Entity, including years of employment with an entity that is acquired by a Regency Entity prior to such acquisition.
Years of Service means the total number of calendar years during which the Executive is employed on a full-time basis by the Company, or any of its affiliates or subsidiaries, with a minimum of 1,000 hours in any calendar year, inclusive of any approved leaves of absence, beginning on the Executive’s date of hire.