Common use of Annuity Contracts Clause in Contracts

Annuity Contracts. Any annuity contract distributed by the Plan to a Participant or a Beneficiary shall be nontransferable and the terms of such contract shall comply with the applicable requirements of this Plan and the Code.

Appears in 4 contracts

Samples: Community First Banking Co, Oshkosh B Gosh Inc, Oshkosh B Gosh Inc

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Annuity Contracts. Any annuity contract distributed under the Plan (if permitted or required by this Article 6) must be nontransferable. The terms of any annuity contract purchased and distributed by the Plan to a Participant or a Beneficiary shall be nontransferable and the terms of such contract shall spouse must comply with the applicable requirements of this Plan and the CodePlan.

Appears in 2 contracts

Samples: Plan Document and Trust Agreement (Stonepath Group Inc), Kevco Inc

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Annuity Contracts. Any annuity contract distributed by under the Plan must be nontransferable. In addition, the terms of any annuity contract purchased and distributed to a Participant or a Beneficiary shall be nontransferable and the terms of such contract shall must comply with the applicable all requirements of under this Plan and the CodePlan.

Appears in 1 contract

Samples: www.fortmyersbeachfl.gov

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