Year of Service
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)
Found in
TWIN DISC INC contract
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...
View More
Found in
Weingarten Realty Investors contract
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
Found in
Penn Virginia Corporation contract
Year of Service. Shall have the meaning set forth in Section (1) of Article II of the McKesson Corporation Retirement Plan.
Found in
McKesson Corp. contract
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...
View More
Found in
McKesson Corp. contract
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...
View More
Found in
Lennox International Inc contract
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...
View More
Found in
Leggett & Platt contract
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...
View More
Found in
H&R Block contract
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.
Found in
Dominion Energy contract
Year of Service. Means a calendar year in which the Participant is employed with the Company, a Subsidiary or Affiliated Entity for at least nine months of a calendar year. When calculating Years of Service hereunder, Participant's first hire date with the Company, a Subsidiary or Affiliated Entity shall be used.
All Definitions
Found in
Devon Energy contract