Common use of Annuity Starting Date Clause in Contracts

Annuity Starting Date. The term “Annuity Starting Date” means the first day of the first period for which a benefit is paid as an annuity, in the case of a benefit not payable as an annuity, the first day all events have occurred which entitle the Participant to the benefit. The first day of the first period for which a benefit is to be paid by reason of Disability will be treated as the Annuity Starting Date only if it is not an auxiliary benefit.

Appears in 2 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Michaels Stores Inc), 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)

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Annuity Starting Date. The term Annuity Starting Date” Date means the first day of the first period for which a benefit an amount is paid as an annuity, or, in the case of a benefit not payable as an annuity, the first day all events have occurred which entitle the Participant to the such benefit. The first day of the first period for which a benefit is to be paid received by reason of Disability will be treated as the Annuity Starting Date only if it such benefit is not an auxiliary benefit.

Appears in 1 contract

Samples: 401(k) Plan Agreement (Provident Bancorp Inc/Ny/)

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Annuity Starting Date. The term “Annuity Starting Date” means the first day of the first period for which a benefit an amount is paid as an annuity, in the case of a benefit not payable as an annuityannuity or in any other form. Notwithstanding the foregoing definition, the first day all events have occurred which entitle the Participant to the benefit. The first day of the first period for which a benefit is to be paid received by reason of Disability will disability shall be treated as the "Annuity Starting Date Date" only if it the benefit is not an auxiliary benefit.

Appears in 1 contract

Samples: Retirement Plan (Titan Corp)

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