BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in Service" if during any 12 consecutive month period he does not complete more than 500 Hours of Service with the Employer. The "12 consecutive month period" under this Section 2.03 is the same 12 consecutive month period for which the Plan measures "Years of Service" under Section 2.02.
Appears in 33 contracts
Samples: Direct Focus Inc, Adoption Agreement (Motor Cargo Industries Inc), Adoption Agreement (Checkfree Corp \Ga\)
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in -------------------------------- Service" if during any 12 consecutive month period he does not complete more than 500 Hours of Service with the Employer. The "12 consecutive month period" under this Section 2.03 is the same 12 consecutive month period for which the Plan measures "Years of Service" under Section 2.02.
Appears in 6 contracts
Samples: Adoption Agreement (Hollis Eden Pharmaceuticals Inc /De/), Trust Agreement (High Country Bancorp Inc), Adoption Agreement (Ifb Holdings Inc)
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in Service" if during any 12 applicable 12-consecutive month period he he/she does not complete more than 500 Hours of Service with the Employer. The "12 12-consecutive month period" under this Section 2.03 is the same 12 12-consecutive month period for which the Plan measures a "Years Year of Service" under Section 2.02. If the Plan applies the Elapsed Time Method of crediting Service under Section 1.15(D), a Participant incurs a "Break in Service" if the Participant has a Period of Severance of at least 12 consecutive months.
Appears in 3 contracts
Samples: Participation Agreement (Petco Animal Supplies Inc), Bank of Granite Corp, CRH Public LTD Co
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a -------------------------------- "Break in Service" if during any 12 consecutive month period he does not complete more than 500 Hours of Service with the Employer. The "12 consecutive month period" under this Section 2.03 is the same 12 consecutive month period for which the Plan measures "Years of Service" under Section 2.02.
Appears in 3 contracts
Samples: Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Contribution Master Plan and Trust Agreement (Modine Manufacturing Co)
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "“Break in Service" ” if during any 12 applicable 12-consecutive month period he he/she does not complete more than 500 Hours of Service with the Employer. The "12 “12-consecutive month period" ” under this Section 2.03 is the same 12 12-consecutive month period for which the Plan measures "Years a “Year of Service" ” under Section 2.02. If the Plan applies the Elapsed Time Method of crediting Service under Section 1.15(D), a Participant incurs a “Break in Service” if the Participant has a Period of Severance of at least 12 consecutive months.
Appears in 2 contracts
Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Trimeris Inc
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in Service" if during any 12 consecutive month period he does not complete more than 500 Hours of Service with the Employer. The "12 consecutive month period" under this Section 2.03 is the same 12 consecutive month period for which the Plan measures "Years of Service" under Section section 2.02.
Appears in 1 contract
Samples: Mmi Products Inc
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in Service" if during any 12 consecutive month period he does not complete more than 500 Hours of Service with the Employer. The "12 consecutive Consecutive month period" under this Section 2.03 is the same 12 consecutive month period for which the Plan measures "Years of Service" under Section 2.02.
Appears in 1 contract
Samples: Midcoast Energy Resources Inc
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in Service" if during any 12 consecutive month period he does not complete more than 500 Hours of Service with the Employer. The "12 consecutive month period" under this Section 2.03 is the same 12 consecutive month period Period for which the Plan measures "Years of Service" under Section 2.02.
Appears in 1 contract
Samples: Adoption Agreement (Wicor Inc)
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in ---------------------------------- Service" if during any 12 consecutive month period he does not complete more than 500 Hours of Service with the Employer. The "12 consecutive month period" under this Section 2.03 is the same 12 consecutive month period for which the Plan measures "Years of Service" under Section 2.02.
Appears in 1 contract
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in -------------------------------- Service" if during any 12 consecutive month period he does did not complete more than 500 Hours of Service with the Employer. The "12 consecutive month period" . under this Section 2.03 is the same 12 consecutive month period for which the Plan measures "Years of Service" under Section 2.02.
Appears in 1 contract
Samples: Timberland Bancorp Inc
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in ----------------------------------- Service" if during any 12 consecutive month period he does not complete more than 500 Hours of Service with the Employer. The "12 consecutive month period" under this Section 2.03 is the same 12 consecutive month period for which the Plan measures "Years of Service" under Section 2.02.
Appears in 1 contract
Samples: Defined Contribution Prototype Plan and Trust Agreement (Indian Village Bancorp Inc)
BREAK IN SERVICE - PARTICIPATION. An Employee incurs a "Break in -------------------------------- Service" if during any 12 applicable 12-consecutive month period he he/she does not complete more than 500 Hours of Service with the Employer. The "12 12-consecutive month period" under this Section 2.03 is the same 12 12-consecutive month period for which the Plan measures a "Years Year of Service" under Section 2.02. If the Plan applies the Elapsed Time Method of crediting Service under Section 1.15(D), a Participant incurs a "Break in Service" if the Participant has a Period of Severance of at least 12 consecutive months.
Appears in 1 contract
