Common use of 114 Vested Account Balance Clause in Contracts

114 Vested Account Balance. The aggregate value of the Participant’s Vested Account Balances derived from Employer and Employee contributions (including Rollovers), whether vested before or upon death, including the proceeds of insurance contracts, if any, on the Participant’s life. The provisions of Article VIII shall apply to a Participant who is vested in amounts attributable to Employer contributions, Employee contributions (or both) at the time of death or distribution.

Appears in 6 contracts

Samples: Prototype Defined Contribution Plan (FNB United Corp.), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.), Prototype Defined Contribution Plan (United Community Bancorp)

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114 Vested Account Balance. The aggregate value of the Participant’s 's Vested Account Balances derived from Employer and Employee contributions (including Rollovers), whether vested before or upon death, including the proceeds of insurance contracts, if any, on the Participant’s 's life. The provisions of Article VIII shall apply to a Participant who is vested in amounts attributable to Employer contributions, Employee contributions (or both) at the time of death or distribution.

Appears in 6 contracts

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Measurement Specialties Inc, Prototype Defined Contribution (Spheris Leasing LLC)

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