Common use of Application of Involuntary Cash-out Provisions Clause in Contracts

Application of Involuntary Cash-out Provisions. [ ] 1. The Plan shall not make involuntary cash-outs to any terminated vested Participant. Distributions will only be made with the consent of the Participant.

Appears in 4 contracts

Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp), Defined Contribution Plan (Savannah Bancorp Inc), Adoption Agreement (Connecticut Water Service Inc / Ct)

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Application of Involuntary Cash-out Provisions. [ ] ¨ 1. The Plan shall not make involuntary cash-outs to any terminated vested Participant. Distributions will only be made with the consent of the Participant.

Appears in 3 contracts

Samples: Defined Contribution Plan (ASB Bancorp Inc), Nonstandardized Adoption Agreement (United Community Bancorp), Defined Contribution Plan (Fraternity Community Bancorp Inc)

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