Administrative Period(s) for New Employees Sample Clauses

Administrative Period(s) for New Employees. The Plan Sponsor must make the following elections to determine the applicable Administrative Period(s) under the Plan for New Employees. For such New Employees, the Plan shall use (an) Administrative Period(s) that run(s) from: (Option (a) must be checked if the Plan Sponsor elected Option (A)(ii) in Section 3.03; the Plan Sponsor must fill in the appropriate period of time in Option (b) if it wishes to utilize an Administrative Period between the end of the Initial Measurement Period and the beginning of the Initial Stability Period) [ ] (a) If the Plan Sponsor elected Option (A)(ii) in Section 3.03, the day that the New Employee commenced employment until the first day of his/her Initial Measurement Period. [X] (b) The first day following the end of the Initial Measurement Period until the first day of the associated Initial Stability Period. The time period between these two dates shall be one (1) month.
Sample 1
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Related to Administrative Period(s) for New Employees

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  • Active Employees Active Employees who have not terminated service during the Plan Year and who meet the following requirements (select all that apply; leave blank if no exclusions):

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