Eligibility Service. For purposes of determining whether a Participant has satisfied the eligibility requirements, the following method shall be used (select one): 401(k) AND/OR PROFIT THRIFT SHARING [X] [X] (a) elapsed time method [ ] [ ] (b) hourly records method
Eligibility Service. For the purpose of determining eligibility to participate in the Plan, an Employee will earn one year of Eligibility Service if he completes 1,000 Hours of Employment during a Computation Period. The Computation Period is merely a measurement period during which an Employee must earn 1,000 Hours of Employment in order to be credited with one year of Eligibility Service. There is no requirement that the entire 12-month Computation Period must elapse before the Employee may be credited with one year of Eligibility Service. Initially, an Employee's Computation Period is the 12-month period commencing on the date on which he first completes an Hour of Employment. If the Employee does not complete 1,000 Hours of Employment during the 12-month period commencing on the date on which he first completes an Hour of Employment, his Computation Period shall then shift to the Plan Year in which occurs the first anniversary of the date on which he first completes an Hour of Employment. Thereafter, the Employee's Computation Periods shall be succeeding Plan Years.
Eligibility Service a measure of an employee's service with the Employer and all Affiliates (stated as a number of years) which is equal to the number of computation periods for which the employee is credited with one thousand (1,000) or more Hours of Service; subject, however, to the following rules:
Eligibility Service. For purposes of determining whether an Eligible Employee has satisfied the participation requirements of Section 2.1 of the Base Plan Document, the following method shall be used (select one for each column, as applicable): Elective Deferral and/or Employee After-Tax Contributions Matching Contributions Profit Sharing Contributions þ ¨ ¨ (a) elapsed time method. ¨ þ þ (b) hourly records method. ii Generally, in making this determination, the following Employees are excluded: Employees who have not completed 6 months of service, Employees who normally work less than 171/2 hours per week, Employees who normally work not more than 6 months during any year, Employees who have not attained age 21, non-resident aliens with no U.S.-source income and except to the extent provided in IRS regulations, Employees who are included in a unit of Employees covered by an agreement which the Secretary of Labor finds to be a collective bargaining agreement between Employee representatives and the Employer.
Eligibility Service. An Employee’s Service will be determined using the hours of service method (as described in Section 3.2), with one calendar month eligibility computation periods beginning on:
Eligibility Service. 1.17 Employee............................................................................................ 1.18
Eligibility Service. For purposes of determining whether an Eligible Employee has satisfied the participation requirements of Section 2.1 of the Base Plan Document, the following method shall be used (select one for each column, as applicable): Elective Deferral and/or Employee After-Tax Contributions Matching Contributions Profit Sharing Contributions x x x (a) elapsed time method.
Eligibility Service. 1. An employee must receive credit for 1,000 hours of service in a 12-month period prior to December 31, 2008, in order to be credited with a year of service for eligibility purposes. The first 12-month period begins with the first day of employment. If an employee fails to complete 1,000 hours of service in the first 12 months of employment, then eligibility service will be measured starting with the Plan anniversary date (January 1) following the date of employment.
Eligibility Service. No eligibility service requirements apply. You must complete consecutive months of eligibility service. You must complete years of eligibility service. Your initial eligibility measuring period will be the 12-month period beginning with your hire date. If you do not satisfy the eligibility requirements during that first measuring period, eligibility will be calculated based on the Plan Year. You will be credited with a year of eligibility service if hours were worked during the eligibility measuring period. You will need to work hours to avoid a break in eligibility service. you are paid or entitled to pay from the Employer during the eligibility measuring period. You will have a break in eligibility service if you do not work at least one day during the eligibility measuring period. You will be given credit for eligibility purposes for your Hours of Service with the following predecessor employer(s): . These service requirements will will not apply to you, and you will be eligible to enter the Plan on the next entry date if you were employed by the Employer when this Plan became effective on . If the Plan document is being amended or restated on to a new Plan document and you were eligible to participate in the prior plan, you will continue to be eligible to participate in this Plan without satisfying any additional age or service requirements.
Eligibility Service. For purposes of Eligibility Service, an Employee’s Years of Service earned prior to the date the Eligible Employee’s Employer became a Commonly Controlled Entity shall be recognized.
