Common use of Alternate Payee Clause in Contracts

Alternate Payee. “Alternate Payee” means any spouse, former spouse, child or other dependent of a Participant who is recognized as such under the definition in Code Section 414(p)(8).

Appears in 2 contracts

Samples: Defined Contribution Plan (United Community Bancorp), Directed Trust Agreement

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Alternate Payee. The term “Alternate Payee” means any spouse, former spouse, child child, or other dependent of a Participant who is recognized by a Domestic Relations Order as such having a right to receive all, or a portion of, the benefits payable under the definition in Code Section 414(p)(8)Plan with respect to such Participant.

Appears in 1 contract

Samples: Investment, Savings and Employee Stock Ownership Plan (Toro Co)

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Alternate Payee. “Alternate Payee” means any spousethe Spouse, former spouseSpouse, child or other dependent of a Participant who is recognized by a domestic relations order as such having a right to receive some or all of the benefits payable under the definition in Code Section 414(p)(8)Plan with respect to such Participant.

Appears in 1 contract

Samples: Retirement Plan Agreement

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