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AgdaPkt 2002-12-09
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AgdaPkt 2002-12-09
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Last modified
7/2/2012 12:25:36 PM
Creation date
12/5/2002 3:47:58 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Agency Type
City Council
Date
12/9/2002
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_ . ��� <br /> �.1 � <br /> _ _ . _ �� .t.: _ -_ _ _ _ . <br /> ..r.__._. _���� _ <br /> � <br /> VESTING <br /> 4.1 Vesting in Employer Contrlbntion Account <br /> Each Participant shall be one hundred percent (100%) Vested in lus or her Employer <br /> Contribution Account at all times. <br /> 4.2 Vesting in Employee Contribution Account <br /> Each Participant shall be one hundred percent (100%) Vested in lus or her Employee <br /> Contribution Account at all times. <br /> 4.3 Full or Partial Termination <br /> Notwithstanding the vesting schedule in Section 4.1 and 4.2, upon the complete <br /> discontinuance of Employer Contributions or Employee Contributions to the Plan or <br /> upon any full or partial termination of the Plan, all amounts credited to the account of any <br /> affected Participant shall become one hundred percent (100%) Vested and shall not <br /> thereafter be subject to forfeiture for any reason. <br /> 6 <br /> NB I :538180.2 <br /> _ __ ._.... _ __. _ <br />
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