Common use of Available Payment Options Clause in Contracts

Available Payment Options. Subject to the mandatory cash-out of small amounts provided in Section 8.10, a Retired, Deceased or Disabled Participant’s Account balance shall be distributed by the Trustees under such of the following payment options as the Participant (or, if a Deceased Participant shall have failed to select a payment option, as his Beneficiary) shall determine:

Appears in 5 contracts

Samples: Retirement and Savings Plan (Host Marriott Corp/), Retirement and Savings Plan (Host Marriott Corp/), Retirement and Savings Plan (Host Marriott L P)

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