Common use of Accounts for Alternate Payees Clause in Contracts

Accounts for Alternate Payees. A separate Account shall be established for an Alternate Payee entitled to any portion of a Participant's Account under a QDRO as of the date and in accordance with the directions specified in the QDRO. In addition, a separate Account may be established during the period of time the Administrator, a court of competent jurisdiction or other appropriate person is determining whether a domestic relations order qualifies as a QDRO. Such a separate Account shall be valued and accounted for in the same manner as any other Account.

Accounts for Alternate Payees. A separate Account shall will be established for an Alternate Payee entitled to any portion of a Participant's Account under a QDRO as of the date date, and in accordance with the directions specified specified, in the QDRO. In addition, a separate Such Account may be established during the period of time the Administrator, a court of competent jurisdiction or other appropriate person is determining whether a domestic relations order qualifies as a QDRO. Such a separate Account shall will be valued and accounted for in the same manner as any other Account.. An Alternate Payee will be treated as a Participant to the extent provided as follows:

Accounts for Alternate Payees. A separate Account shall will be established for an Alternate Payee entitled to any portion of a Participant's Account under a QDRO as of the date date, and in accordance with the directions specified in the QDRO. In addition, a separate Such Account may be established during the period of time the Administrator, a court of competent jurisdiction or other appropriate person is determining whether a domestic relations order qualifies as a QDRO. Such a separate Account shall will be valued and accounted for in the same manner as any other Account.. An Alternate Payee will be treated as a Participant to the extent provided as follows: