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UNH » Topics » 8. SPECIAL ELIGIBILITY RULE FOR FORMER PARTICIPANTS. Effective for Plan Years beginning on or after January 1, 2008, Section 2 of the Plan Statement shall be amended by adding thereto the following new Section 2.3:

This excerpt taken from the UNH 10-K filed Feb 21, 2008.

8. SPECIAL ELIGIBILITY RULE FOR FORMER PARTICIPANTS. Effective for Plan Years beginning on or after January 1, 2008, Section 2 of the Plan Statement shall be amended by adding thereto the following new Section 2.3:

2.3. Special Rule For Former Participants. If a Participant terminates employment with the Employer and all Affiliates and such Participant:

 

  (a) has been paid all amounts deferred under the Plan (and all other account balance deferred compensation plans of the Employer and all Affiliates),

 

  (b) is subsequently reemployed by the Employer in an Eligible Grade Level, and

 

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  (c) is selected for participation in this Plan by the Executive Vice President, Human Capital (or, for a Section 16 Officer, by the Board of Directors),

the Executive Vice President, Human Capital (or, for a Section 16 Officer, the Board of Directors) may designate that such employee will be allowed to reenter the Plan as a Participant as of a fixed prospective date that is other than the first day of a Plan Year so long as that prospective date is within thirty (30) days of selection. In such a case, the references to Plan Year shall, as the context requires, refer to the initial short Plan Year and the reference to first day of the Plan Year shall, as the context requires, refer to the first day of that short Plan Year.

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