Availability of Involuntary Cash-Out Distributions. A Participant who terminates employment with a vested Account Balance of $5,000 or less will receive an Involuntary Cash-Out Distribution, subject to the Automatic Rollover provisions under Section 8.06 of the Plan. Alternatively, an Involuntary Cash-Out Distribution will be made to the following terminated Participants.
Appears in 5 contracts
Samples: 401(k) Plan Adoption Agreement, Volume Submitter Money Purchase Plan Adoption Agreement, Volume Submitter Money Purchase Plan Adoption Agreement
Availability of Involuntary Cash-Out Distributions. A Participant who terminates employment with a vested Account Balance of $5,000 or less will receive an Involuntary Cash-Out Distribution, subject to the Automatic Rollover provisions under Section 8.06 of the Plan. Alternatively, an Involuntary Cash-Out Distribution will be made to the following terminated Participants.:
Appears in 2 contracts
Samples: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement, Volume Submitter Profit Sharing/401(k) Plan Adoption Agreement (Rayonier Advanced Materials Inc.)
