Partially Vested definition

Partially Vested. Separation" 8 1.67 "Participant" 8 1.68 "Participant Contributions Account" 8 1.69 "Participant-Directed Assets" 8 1.70 "Participant Voluntary Nondeductible Contributions" 8 1.71 "Participant Voluntary Nondeductible Contributions Account" 8 1.72 "Participating Affiliate" 8 1.73 "Period of Severance 8 1.74 "Plan" 8 1.75 "Plan Year" 8 1.76 "Prototype Plan" 9 1.77 "Qualified Joint and Survivor Annuity" 9 1.78 "Qualified Matching Contributions" 9 1.79 "Qualified Matching Contributions Account" 9 1.80 "Qualified Nonelective Contributions" 9 1.81 "Qualified Nonelective Contributions Account" 9 1.82 "Qualified Plan" 9 1.83 "Qualifying Employer Securities" 9 1.84 "Rollover Contribution" 9 1.85 "Rollover Contributions Account" 9 1.86 "Self-Employed Individual" 9 l.87 "Social Security Retirement Age" 9 1.88 "Sponsor" 9 1.89 "Spouse" 9 1.90 "Surviving Spouse" 10 1.91 "Taxable Wage Base" 10 1.92 "Transferred Account" 10 1.93 "Trust" 10 1.94 "Trust Fund" 10 1.95 "Trustee" 10 1.96 "Valuation Date" 10 1.97 "Vesting Service" 10 1.98 "Years of Service" 10
Sample 1Sample 2Sample 3
Partially Vested means the Participant's DSU Value when computed pursuant to Section 2, item R (2) above.
Sample 1Sample 2
Partially Vested. Separation" 8 1.67 "Participant" 8 1.68 "Participant Contributions Account" 8 1.69 "Participant-Directed Assets" 8 1.70 "Participant Voluntary Nondeductible Contributions" 8 1.71 "Participant Voluntary Nondeductible Contributions Account" 8 1.72 "Participating Affiliate" 8 1.73 "Period of Severance 8 1.74 "Plan" 8 1.75 "Plan Year" 8 1.76 "Prototype Plan" 9 1.77 "Qualified Joint and Survivor Annuity" 9 1.78 "Qualified Matching Contributions" 9 1.79 "Qualified Matching Contributions Account" 9 1.80 "Qualified Nonelective Contributions" 9 1.81 "Qualified Nonelective Contributions Account" 9 1.82 "Qualified Plan" 9 1.83 "Qualifying Employer Securities" 9 1.81 "Rollover Contribution" 9 1.85 "Rollover Contributions Account" 9 1.86 "Self-Employed Individual" 9 1.87 "Social Security Retirement Age" 9 1.88 "Sponsor" 9 1.89 "Spouse" 9 1.90 "Surviving Spouse" 10 1.91 "Taxable Wage Base" 10 1.92 "Transferred Account" 10 1.93 "Trust" 10 1.94 "Trust Fund" 10 1.95 "Trustee" 10 1.96 "Valuation Date" 10 1.97 "Vesting Service" 10 1.98 "Years of Service" 10
Sample 1

Examples of Partially Vested in a sentence

  • A Participant's benefits upon his or her Partially Vested Separation for any reason other than Disability shall be: (A) the Account Balance of his or her Employer Accounts determined in accordance with Section 10.6.2 multiplied by his or her vested percentage determined pursuant to Section 4.1.3, or, if applicable, Section 4.4.2, plus (B) the Account Balance of his or her other Accounts determined in accordance with Section 10.6.2.

  • Upon the Partially Vested Separation of a Participant, the nonvested portion of each Employer Account of such Participant will be forfeited as of the date of termination of Employment; provided, however, that such Participant receives a distribution in accordance with Section 5.6. If a Participant does not receive a distribution following his or her termination of Employment, the nonvested portion of each Employer Account of the Participant shall be forfeited following a Period of Severance of five years.

  • Subject to Section 5.1.2, a Participant's Benefit Commencement Date shall be as soon as practicable following his or her Fully Vested Separation, Partially Vested Separation or Nonvested Separation, if applicable, and in accordance with Section 5.6. If the Plan includes a CODA feature, each 401(k) Contributions Account of a Participant shall be payable in accordance with the events specified in Section 1.27 of the Plan.

  • A Participant who had a Partially Vested Separation and returns to Employment will retain credit for his prior years of Vesting Service.

  • For purposes of eligibility to participate, a Participant who is reemployed after a Fully Vested Severance or Partially Vested Severance shall retain credit for his or her Years of Service prior to such termination of Employment without regard to the length of his or her absence from Employment.

  • As each Participant becomes Partially Vested and Fully Vested in DSU's, the record will also indicate the vesting status of the DSU's.

  • Subject to Section 5.1.2, a Participant’s Benefit Commencement Date shall be as soon as administratively practicable following his or her Fully Vested Severance, Partially Vested Severance or Nonvested Severance, if applicable, and in accordance with Section 5.6. A Participant does not incur a severance from employment for purposes of this Article V due to a transfer of employment to an Affiliate.

  • Upon a Participant's Final Valuation Date, such Participant or his or her beneficiary, as the case may be, shall be entitled to receive an amount equal to the DSU Value of such Participant's Fully Vested or Partially Vested DSU's determined as of such Final Valuation Date.

  • Partially Vested Separation: Termination of Employment of a Participant whose vested percentage in any Employer Account is less than 100% but greater than 0%.

  • Upon the Partially Vested Severance of a Participant, the nonvested portion of his or her Account shall be forfeited as of the date of his or her termination of Employment; provided, however, that the Participant receives a distribution in accordance with Section 5.6. If the Participant does not receive a distribution following his or her termination of Employment, the nonvested portion of his or her Account shall be forfeited following a period of five consecutive one-year Breaks in Service.

Related to Partially Vested

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Surrender Value means an amount, if any, that becomes payable in case of Surrender of the Policy in accordance with the terms and conditions of the Policy.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Cash Surrender Value means the net cash surrender value plus any amounts outstanding as policy loans.

  • Not Typically Combined Network Elements shall mean that the particular Network Elements requested by ONS are not elements that BellSouth combines for its use in its network.

  • Vesting Event means the earliest to occur of the following events:

  • Substantially Completed (or “Substantial Completion”) shall mean that with respect to Landlord’s Work for the Premises, (i) Landlord’s Work, as shown on Tenant’s final approved TI Plans, has been completed in accordance with the provisions of this Lease (including, without limitation, that such work has been completed in a good and workmanlike manner, in compliance with all applicable laws, and substantially in accordance with the TI Plans), except only Punch List Items and such work that Tenant needs to perform in connection with Tenant Installations and (ii) all conditions to the issuance of a temporary or permanent certificate of occupancy for the Premises have been satisfied allowing for lawful occupancy of the Premises by Xxxxxx, except only conditions related solely to the completion of Tenant’s Installations, and (iii) Landlord delivers to Tenant a written notice of substantial completion from Xxxxxxxx’s architect, which notice of substantial completion shall be subject to confirmation by Tenant (which confirmation or objection, if Tenant does not agree that Substantial Completion of Landlord’s Work or any applicable portion thereof has occurred, shall be given (if at all) as promptly as possible and no more than five (5) business days after Xxxxxx’s receipt of Landlord’s notification and provided Landlord has afforded Tenant access to the Premises as provided in Section 4.9, and which confirmation (if any) shall specify any good faith objections and/or Tenant’s determination that Substantial Completion of Landlord’s Work (or applicable portions thereof) has not occurred). The failure of Tenant to confirm Xxxxxxxx’s notification of Substantial Completion of Landlord’s Work as set forth herein or to object in writing thereto within such five (5) business day period shall be deemed a confirmation of such notification. If Tenant objects to any matters set forth in Landlord’s notice of Substantial Completion of Landlord’s Work and notifies Landlord thereof within five (5) business days following receipt of the notice and the parties are unable to resolve the dispute within ten (10) days of Tenant’s notice of objection, either party may elect to refer the dispute to arbitration in accordance with the provisions of Section 29.5 below. Landlord shall, subject to obtaining Tenant’s necessary cooperation in connection therewith, including, without limitation, the completion of Tenant’s Installations, obtain a permanent certificate of occupancy for the Landlord’s Work from the City of Cambridge after the Substantial Completion of the Landlord Work.

  • Initial Vesting Date means the date occurring one (1) year after (check one):

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Totally Disabled means that because of an injury or illness:

  • Partial Disability or "Partially Disabled" means you, as a result of Injury or Sickness, are able to:

  • Forfeited means the Insured’s financial Loss of any whole or prorated prepaid

  • Disability Date means the date on which a Participant is deemed disabled under the employee benefit plans of the Corporation applicable to the Participant.