Vested Benefit. An employee completing the minimum continuous service requirements of subsection A., above, shall be entitled to receive a monthly benefit as determined pursuant to Section 7.01.
Vested Benefit. An employee completing the minimum continuous service requirements of Section 29.02, A., above, shall be entitled to receive a monthly benefit as determined pursuant to Section 29.01, above; provided, however, that no employee terminated for disciplinary reasons will be entitled to any benefit under this Section.
Vested Benefit. Director shall vest in the benefit provided for in subsection 2.1.1 of this Section 2.1 upon Director’s attainment of Normal Retirement Age. Director shall be one hundred percent (100%) vested in the Accrual Balance prior to the Director attaining their Normal Retirement Age.
Vested Benefit. Vested Benefit for employees who terminate employment with a vested benefit shall be based upon 2.0% times Final Average Compensation times years of credited service and such benefit shall be payable when the employee would have qualified for a Normal Retirement Benefit had he or she remained employed.
Vested Benefit. The Company shall distribute to the Director the benefit described in this Section 2.1.
Vested Benefit. The Executive shall be one hundred percent (100%) vested in all amounts that are accrued for his benefit under this Agreement as of the respective date of each accrual (the “Accrued Amount”). Notwithstanding anything in this Agreement to the contrary, in the event of the Executive’s death prior to a Separation from Service, the Executive shall be deemed 100% vested in the Supplemental Retirement Benefit set forth in Section 2 hereof effective as of the date of the Executive’s death.
Vested Benefit. 6 1.38. Year of Service.................................................................................6 ss. 2. PARTICIPATION..............................................................................................7
Vested Benefit. 17 (c) Vesting Schedule for Participants without an Hour of Service on or after April 1, 2002.......................................................................17 (d) Vesting Schedule for Participants with an Hour of Service on or after April 1, 2002...18 (e) Forfeiture............................................................................18 (f)
Vested Benefit. A Participant's 401(k) Account, Rollover Account and Safe Harbor Matching Account are fully vested at all times. A Participant's Matching Account will become fully vested upon his or her:
Vested Benefit. The Executive shall be one hundred percent (100%) vested in all amounts that are accrued for his benefit under the Agreement as of the date(s) of such accrual(s) (the “Accrued Amount”). Pursuant to Section 1 of this Agreement, the Executive will be forty percent (40%) vested in the Supplemental Retirement Benefit effective as of December 19, 2006. In the event that the Executive has a Separation from Service prior to attaining the age of sixty-five (65), the Executive shall be entitled to receive from the Employer the Accrued Amount payable in a lump sum. The lump sum payment shall be made on the first day of the third full quarter following the Executive’s Separation from Service.
