Common use of Account Sources for Withdrawal Clause in Contracts

Account Sources for Withdrawal. All available amounts must first be withdrawn from his or her Accounts under Section 10.02 or 10.03. The remaining withdrawal amount shall come only from his or her Accounts, in the following priority order of Accounts: Post-Tax Account QVEC Account TRASOP Account ESOP Account Rollover Account Former Matching Contribution Account Pay Based Account Matching Account (this is an account source prior to January 1, 1999) Catch-up Account Pre-Tax Account Special Account The amount that may be withdrawn from a Participant’s Pre-Tax Account shall not include earnings and Special Contributions posted to his or her Pre-Tax Account after the end of the Plan Year which ends before July 1, 1989.

Appears in 1 contract

Samples: Custodial Agreement (Pepsiamericas Inc/Il/)

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Account Sources for Withdrawal. All available amounts must first be withdrawn from his or her Accounts under Section 10.02 or 10.03. The remaining withdrawal amount shall come only from his or her Accounts, in the following priority order of Accounts: Post-Tax Account QVEC Account TRASOP Account ESOP Account Rollover Account Former Matching Contribution Account Pay Based Account Matching Account (this is an account source prior to January 1, 1999) Catch-up Account Pre-Tax Account Special Account The amount that may be withdrawn from a Participant’s Pre-Tax Account shall not include earnings and Special Contributions posted to his or her Pre-Tax Account after the end of the Plan Year which ends before July 1, 1989.

Appears in 1 contract

Samples: Custodial Agreement (Pepsiamericas Inc/Il/)

Account Sources for Withdrawal. All available amounts must first be withdrawn from his or her Accounts under Section 10.02 or 10.0310.03 to the extent either such Section applies to such Participant (as specified in an applicable Appendix). The remaining withdrawal amount shall come only from his or her Accounts, to the extent vested, in the following priority order of Accounts: Post-Tax Account QVEC Account TRASOP Account ESOP Account Rollover Account Former Matching Contribution Account Pay Based Account Matching Account (this is an account source prior to January 1, 1999) Catch-up Account Pre-Tax Account Special Account The amount that may be withdrawn from a Participant’s Pre-Tax Account shall not include earnings and Special Contributions posted to his or her Pre-Tax Account after the end of the Plan Year which ends before July 1, 1989.

Appears in 1 contract

Samples: Custodial Agreement (Pepsiamericas Inc/Il/)

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Account Sources for Withdrawal. All available amounts must first be withdrawn from his or her Accounts under Section 10.02 10.2 or 10.0310.3 to the extent either such Section applies to such Participant (as specified in an applicable Appendix). The remaining withdrawal amount shall come only from his or her Accounts, to the extent vested, in the following priority order of Accounts: Post-Tax Account QVEC Account TRASOP Account ESOP Account Rollover Account Former Matching Contribution Account Pay Formula Based Account Matching Account (this is an account source prior to January 1, 1999) Catch-up Account Pre-Tax Account Special Account The amount that may be withdrawn from a Participant’s Pre-Tax Account shall not include earnings and Special Contributions posted to his or her Pre-Tax Account after the end of the Plan Year which ends before July 1, 1989.

Appears in 1 contract

Samples: Adoption Agreement (Pepsiamericas Inc/Il/)

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