Common use of BENEFIT PAYMENT ELECTIONS Clause in Contracts

BENEFIT PAYMENT ELECTIONS. Participant Elections After Separation from Service. A Participant who is eligible to make distribution elections under Section 6.03 of the Plan may elect to commence distribution of his Nonforfeitable Accrued Benefit: (Choose at least one of (a) through (c)) (a) As of any distribution date, but not earlier than -------------- of the Plan Year beginning after the Participant's -------------- Separation from Service. [X] (b) As of the following date(s): (Choose at least one of Options (1) through (6)) (1) Any distribution date after the close of the Plan Year in which the Participant attains Normal Retirement Age. [X] (2) Any distribution date following his Separation from Service with the Employer.

BENEFIT PAYMENT ELECTIONS. Participant Elections After Separation from Service. A Participant who is eligible to make distribution elections under Section 6.03 of the Plan may elect to commence distribution of his Nonforfeitable Accrued Benefit: (Choose at least one of (a) through (c)) ) [N/A] (a) As of any distribution date, but not earlier than -------------- ___________________________________ of the _____________ Plan Year beginning after the Participant's -------------- Separation from Service. [Xx] (b) As of the following date(s): (Choose at least one of Options (1) through (6)) ) [N/A] (1) Any distribution date after the close of the Plan Year in which the Participant attains Normal Retirement Age. [X] (2) Any distribution date following his Separation from Service with the Employer.

BENEFIT PAYMENT ELECTIONS. Participant Elections After Separation from Service. A Participant who is eligible to make distribution elections under Section 6.03 of the Plan may elect to commence distribution of his Nonforfeitable Accrued Benefit: (Choose at least one of (a) through (c)) (a) As of any distribution date, but not earlier than -------------- _______________ ______________ of the _________________________ Plan Year beginning after the Participant's -------------- Separation from Service. [Xx] (b) As of the following date(s): (Choose at least one of Options (1) through (6)) (1) Any distribution date after the close of the Plan Year in which the Participant attains Normal Retirement Age. [X] (2) Any distribution date following his Separation from Service with the Employer.

BENEFIT PAYMENT ELECTIONS. Participant Elections After Separation from ServicePARTICIPANT ELECTIONS AFTER SEPARATION FROM SERVICE. A Participant who is eligible to make distribution elections under Section 6.03 of the Plan may elect to commence distribution of his Nonforfeitable Accrued Benefit: (Choose at least one of (a) through (c)) ) [ ] (a) As of any distribution date, but not earlier than -------------- _______________ ________ of the ______________ Plan Year beginning after the Participant's -------------- Separation from Service. [X] (b) As of the following date(s): (Choose at least one of Options (1) through (6)) (1) Any distribution date after the close of the Plan Year in which the Participant attains Normal Retirement Age. [X] (2) Any distribution date following his Separation from Service with the Employer.