Common use of 2009 Required Minimum Distributions Clause in Contracts

2009 Required Minimum Distributions. Notwithstanding the preceding provisions of this Section 6.6, a Participant or Beneficiary who would have been required to receive required minimum distributions for 2009 but for the enactment of section 401(a)(9)(H) of the Code (“2009 RMDs”), and who would have satisfied that requirement by receiving distributions that are (a) equal to the 2009 RMDs or (b) one or more payments in a series of substantially equal distributions (that include the 2009 RMDs) made at least annually and expected to last for the life (or life expectancy) of the Participant, the joint lives (or joint life expectancy) of the Participant and the Participant’s Designated Beneficiary, or for a period of at least 10 years, will not receive those distributions for 2009 unless the Participant or Beneficiary chooses to receive such distributions. Participants and Beneficiaries described in the preceding sentence will be given the opportunity to elect to receive the distributions described in the preceding sentence. The opportunity to make a direct rollover pursuant to Section 6.9 of the Plan will be offered for 2009 RMDs.

2009 Required Minimum Distributions. Notwithstanding paragraph 7.3 of the preceding provisions of this Section 6.6Plan, a Participant or Beneficiary who would have been required to receive required minimum distributions Required Minimum Distributions for 2009 but for the enactment of section Code Section 401(a)(9)(H) of the Code (“2009 RMDsRequired Minimum Distributions”), and who would have satisfied that requirement by receiving distributions that are (a1) equal to the 2009 RMDs Required Minimum Distributions or (b2) one or more payments in a series of substantially equal distributions (that include the 2009 RMDsRequired Minimum Distributions) made at least annually and expected to last for the life (or life expectancy) of the Participant, the joint lives (or joint life expectancy) of the Participant and the Participant’s Designated Beneficiary, or for a period of at least 10 ten (10) years, will not receive those distributions for 2009 unless the Participant or Beneficiary chooses to receive such distributions. Participants and Beneficiaries described in the preceding sentence will be were given the opportunity to elect to receive the distributions described in the preceding sentence. The opportunity In applying the five (5) year rule, the relief allows the 2009 calendar year to make a direct rollover pursuant to Section 6.9 be ignored. For Beneficiaries of deceased Participants, 2009 will not be counted as part of the Plan will be offered for 2009 RMDsfive (5) year period during which they must take a distribution.

2009 Required Minimum Distributions. Notwithstanding the preceding provisions of this Section 6.66.6(2), a Participant Member or Designated Beneficiary who would have been required to receive required minimum distributions for 2009 but for the enactment of section 401(a)(9)(H) of the Code (“2009 RMDs”), and who would have satisfied that requirement by receiving distributions that are (a) equal to the 2009 RMDs or (b) one or more payments in a series of substantially equal distributions (that include the 2009 RMDs) made at least annually and expected to last for the life (or life expectancy) of the ParticipantMember, the joint lives (or joint life expectancy) of the Participant Member and the ParticipantMember’s Designated Beneficiary, or for a period of at least 10 years, will not receive those distributions for 2009 unless the Participant Member or Designated Beneficiary chooses to receive such distributions. Participants Members and Designated Beneficiaries described in the preceding sentence will be given the opportunity to elect to receive the distributions described in the preceding sentence. The opportunity to make a direct rollover pursuant to Section 6.9 of the Plan will be offered only for 2009 RMDsdistributions that would be eligible rollover distributions without regard to section 401(a)(9)(H) of the Code.

2009 Required Minimum Distributions. Notwithstanding the preceding provisions any other provision of this Section 6.6Article 9, a Participant or Beneficiary who would have been required to receive required minimum distributions for 2009 but for the enactment of section Section 401(a)(9)(H) of the Code (“2009 RMDs”), and who would have satisfied that requirement by receiving distributions that are (a1) equal to the 2009 RMDs or (b2) one or more payments in a series of substantially equal distributions (that include the 2009 RMDs) made at least annually and expected to last for the life (or life expectancy) of the Participantparticipant, the joint lives (or joint life expectancy) of the Participant participant and the Participantparticipant’s Designated Beneficiarydesignated beneficiary, or for a period of at least 10 yearsyears (“Extended 2009 RMDs”), will not receive those distributions for 2009 unless the Participant or Beneficiary chooses to receive such distributions. Participants and Beneficiaries described in the preceding sentence will be given the opportunity to elect to receive the distributions described in the preceding sentence. The opportunity to make a direct rollover pursuant to In addition, notwithstanding the definition of Eligible Rollover Distribution in Section 6.9 2.1, and solely for purposes of applying the Direct Rollover provisions of the Plan Plan, 2009 RMDs and Extended 2009 RMDs will be offered for 2009 RMDstreated as Eligible Rollover Distributions in 2009.