Define: Years of Service
What does "Years of Service" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (CrowdStrike Holdings, Inc., seen in 1 filing)
Years of Service means service performed for the Employer (and potentially a Related Employer), determined by a method such as the elapsed time method or general method.
Source: CrowdStrike Holdings, Inc. 10-K
Definition 2 (DIGITAL REALTY TRUST, INC., seen in 1 filing)
Years of Service means the aggregate period of time, expressed as a number of whole years and fractions thereof, during which Employee was an employee of the Company or its subsidiaries or affiliates in paid status.
Source: DIGITAL REALTY TRUST, INC. 10-K
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.