FUN » Topics » Vesting

This excerpt taken from the FUN 10-K filed Feb 29, 2008.

Vesting

 

4.1 Vesting Events. A Participant shall become one hundred percent (100%) vested in his Account upon the earliest to occur of the following events:

 

  (a) Upon his Retirement, provided that he has at least twenty (20) Years of Service with Cedar Fair; or

 

  (b) Upon his death while employed by Cedar Fair; or

 

  (c) Upon his Disability while employed by Cedar Fair; or

 

  (d) Upon a Change in Control while employed by Cedar Fair.

 

4.2 Forfeiture of Account. Any Participant who Retires with less than twenty (20) Years of Service with Cedar Fair or who otherwise incurs a Separation from Service, other than as a result of death or Disability, shall forfeit his entire Account.
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