Examples of Period of Credited Service in a sentence
If an Employee is reemployed after a Break Year, and at the time of termination he or she was a Participant in the Plan, the Period of Credited Service to which he or she was entitled at the time of termination shall be reinstated.
If, to the extent, and on the terms so provided by the Board of Review at the time of acquisition, or at any subsequent date or in any Supplement to the Plan, the last continuous period of employment of any employee with any prior separate business entity, part or all of which is or was acquired by, or becomes part of an Employer will be considered a Period of Credited Service.
To the extent and on the terms so provided by the Board of Review at the time of acquisition, or at any subsequent date or in any Supplement to the Plan, the last continuous period of employment of any employee with such prior separate business entity, part or all of which is or was acquired by, or becomes a part of any Employer, will be considered a Period of Credited Service.
If the re-employment occurs before the Employee has a Break Year, the Period of Credited Service to which he or she was entitled at the time of termination shall be reinstated, the period of his or her absence (but not to exceed 12 months) shall be included in his or her Period of Credited Service, and he or she will be reinstated as a Participant on his or her date of reemployment, if the Participant is an Eligible Employee on that date.
All service earned by a Sanofi Employee (as defined below) since his or her last date of hire, as shown on the records of Sanofi Pharmaceuticals, Inc., a Delaware corporation (“Sanofi”), will be credited by the Plan toward that Employee’s Period of Credited Service for purposes of determining the Employee’s eligibility to make Basic Contributions under Section 2.1 and the Employee’s service points described in Section 3.5(b).
If the Employee’s Years of Credited Service to which he or she was entitled at the time of termination exceeds his or her number of consecutive Break Years, the Period of Credited Service to which he or she was entitled at the time of termination shall be reinstated.
However, the number of months credited under this Section 3.5(f)(1) shall be limited to one-half of the Purchased Period of Credited Service under Section 3.5(c)(1).
All service earned by a ZonePerfect Employee (as defined below) from his or her date of hire by ZonePerfect Nutrition Company will be credited toward his or her Period of Credited Service for purposes of determining the Employee’s number of Years of Credited Service described in Section 8.1A.
If the Employee’s number of consecutive Break Years equals or exceeds the greater of 5 years or the aggregate Period of Credited Service to which he or she was entitled at the time of termination, the Employee shall be considered as a new Employee for all purposes of the Plan and any Period of Credited Service to which he or she was entitled prior to the date of termination shall be disregarded.
All service earned by an i-STAT Employee (as defined below) from his or her date of hire by i-STAT Corporation will be credited toward his or her Period of Credited Service for Purposes of determining the Employee’s number of Years of Credited Service described in Section 8.1A.