Year of Service

Example Definitions of "Year of Service"
Year of Service. (cc) "Year of Service" means each 12-month period of an Eligible Employee's continuous and uninterrupted service with the Company or an Affiliate (or, in the event of a partial year of service, to the extent an Eligible Employee provided continuous and uninterrupted service to the Company or an Affiliate for at least six months and one day during such year, such year shall count as a full "Year of Service" for purposes of this Plan). For the avoidance of doubt, service to Ligand or its... Affiliates shall constitute service for purposes of this Plan. View More
Year of Service. (cc) "Year (cc)"Year of Service" means each 12-month period of an Eligible Employee's continuous and uninterrupted service with the Company or an Affiliate (or, in the event of a partial year of service, to the extent an Eligible Employee provided continuous and uninterrupted service to the Company or an Affiliate for at least six months and one day during such year, such year shall count as a full "Year of Service" for purposes of this Plan). For the avoidance of doubt, service to Ligand or... its Affiliates shall constitute service for purposes of this Plan. View More
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Year of Service. A calendar year in which an Employee is credited with at least 1,000 hours of service. For this purpose, hours of service shall be determined in accordance with Department of Labor Regulations 2530.200b-2(b) and (c)
Year of Service. Continuous employment by the Company during a consecutive 12-month period beginning on the date, or on the anniversary of such date, of an Eligible Employee's hire as a regular full-time employee of the Company. No credit will be given for a partial Year of Service. Any period of Company-approved leave of absence for military service or family or medical leave of absence will be counted as continuous employment, provided the employee returns to employment after the end of the approved leave... according to the terms of Company policy and applicable law. No other periods of leave will be counted when calculating Years of Service for purposes of the Plan. View More
Year of Service. Any calendar year in which an employee of the Company is paid or entitled to be paid for 1,000 hours of service
Year of Service. Shall have the meaning set forth in Section (1) of Article II of the McKesson Corporation Retirement Plan.
Year of Service. A period of 365 aggregate days of employment (including holidays, weekends and other non-working days), computed beginning on the Participant's employment commencement date. However, if the Participant has not completed a Year of Service on the first anniversary of his employment commencement date, he or she shall complete a Year of Service on the date of completion of 365 aggregate days of Service. If a Participant has at any time completed at least one Year of Service, he or she shall always... be given credit for completed Years of Service. However, a Participant who has five or more consecutive Breaks in Service, as defined in the McKesson Profit-Sharing Investment Plan, as amended from time to time, shall be given such credit only upon providing reasonable evidence to the Company of his or her previous completion of such service View More
Year of Service. A period of 12 consecutive months of service as a Director measured from the anniversary of election as a Director. In the event a Director shall resign from the Board of Directors for the purpose of assuming a full-time management position with the Company, any service with the Company subsequent to such resignation shall be counted as service as a Director for purposes of "Vesting", as defined in Section 2.1 under the Plan; provided, however, that said Director shall not be entitled to... receive any retirement benefit under the terms of the Plan until the active employment of said Director with the Company has terminated View More
Year of Service. Any calendar year in which the Participant completes 1,000 hours of service. An hour of service means any hour for which the Employer pays the Participant, including hours paid for vacation, illness or disability. If the Participant was employed by a company or division acquired by the Company, the Participant's service will include hours of service with the acquired company for purposes of eligibility. However, for purposes of determining Years of Vesting Service under Section 5.4, the... Participant's service will begin on the acquisition date. View More
Year of Service. Each period of 12 consecutive months ending on the Employee's employment anniversary date during which the Employee had at least 1,000 Hours of Service. In determining a Participant's Years of Service, the Participant will be credited with a partial Year of Service for his or her final period of employment commencing on his or her most recent employment anniversary date equal to a fraction calculated in accordance with the following formula: Number of days since most recent employment... anniversary date 365 Despite an Employee's Years of Service calculated in accordance with the above, an Employee will be credited with no less than the specified minimum Years of Service as outlined in Schedule "B". Notwithstanding an Employee's actual service, the maximum number of creditable Years of Service shall be 18. H&R BLOCK, INC BOARD MINUTES — SEPTEMBER 3 AND 4, 2008 Notwithstanding the above, if an Employee has received credit for Years of Service under this Plan or under any previous plan, program, or agreement for the purpose of receiving severance benefits before a Qualifying Termination, such Years of Service will be disregarded when calculating Years of Service for such Qualifying Termination under the Plan; provided, however, that if such severance benefits were terminated prior to completion because the Employee was rehired by any subsidiary of the Company then the Employee will be re-credited with full Years of Service for which severance benefits were not paid in full or in part because of such termination. View More
Year of Service. A twelve month period ending on an Anniversary Date during which an Outside Director continuously serves on any of the Boards. An Outside Director shall be credited with a Year of Service in the year in which a Cessation of Service occurs if the period from the last Anniversary Date until Cessation of Service is at least six (6) months.
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