How is Length of Service defined in a legal contract?
- Length of Service means the total time during which an individual has been actively serving in a role, which includes times when the individual was on leave or vacation. Seen in 20 SEC filings
- Length of Service means all the hours during which an individual was in paid status, be it during the school year, a holiday, recess, or any other time. However, it does not take into account any hours compensated solely on an overtime basis. Seen in 19 SEC filings
- Length of Service means the total amount of time an individual is in active service, considering all periods of service, even those when the individual was on leave or vacation. Seen in 10 SEC filings
- Length of Service means the accumulated service time as a full-time or part-time member, provided that the service is not interrupted. Seen in 8 SEC filings
- Length of Service means the entire time period during which an individual has been of active service. Seen in 7 SEC filings
Please note that definitions of the term may vary based on the specific context or the provisions of the contract.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of length of service' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Length of Service means the accumulated time an individual has been actively employed, including periods of leave.
Relevant Contract Types
Relevant Circumstances
- Evaluation of eligibility for employee benefits
- Determining entitlements for leave, pay increments, severance, retirement
- Performance assessments and review processes
Relevant Sectors
Genie Definition 2
- Length of Service means the comprehensive hours an individual has been in compensated status, excluding overtime.
Relevant Contract Types
Relevant Circumstances
- Payroll management and overtime calculation
- Determination of full-time / part-time status based on hours worked
Relevant Sectors
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Length of Service means the accumulated time an individual has been actively employed, including periods of leave.
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