HomeMy WebLinkAbout1923 7.04 Upon termination of a Participant's.em~loyment, the
values standing to his account under the Trust shall be vested in
him in an amaunt determined by his qears of Participation as
,
follows: `
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-Less than 1 year ~ 0~ . i
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s
1 year but less th~an 2 years 10~
2 years but less than 3 years 20~
3 years but less than 4 years 30~
4 years but less than 5 years 409;
5 years but less than 6 qears 50~
6 years and over 100~
7.05 If such termination of employment shall be dse to the
Participants dishonesty or any wilful act in the course of his
employment to the in3ury of the Employer or his fe~low F~nployees, +
he shall forfeit any and all interest in any values umder this
trust.
ARTICI.E VIII -
CO~iTRIBUTIO~iS AI~ PAYI~NTS TO Ti~ TRIIST ~
8.01 Subject to the provisions of Section 9.01, the ~ployer ~
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agreea to pay to the Trustees as of each Bntry Date such amiual
deposits as may be required by the texms of this Trust, including
those--amounts requ~red uader Article XIII. An F~nploqee who is a
Participant under this Trust may make volvatary contributions~not
in excess of 10~ of his campensation in order to increase his
benefits hereunder. Notwithstanding anq provisions to the contrary
herein, any amounts created by such voluntary contributions shall
be fully vested in the Participant.
8.02 Bxcept as provided in Sections 1.03 and 1.04, all
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amounts, except advances made pursuant to Section 8.01, which are ~
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