Common use of Certain Requirements Not Applicable Clause in Contracts

Certain Requirements Not Applicable. Although a non-spouse beneficiary may roll over directly a distribution as provided in Section 7.1, any distribution made prior to January 1, 2010 is not subject to the direct rollover requirements of Code §401(a)(31) (including Code §401(a)(31)(B), the notice requirements of Code §402(f) or the mandatory withholding requirements of Code §3405(c)). If a non-spouse beneficiary receives a distribution from the Plan, the distribution is not eligible for a “60-day” rollover.

Appears in 2 contracts

Samples: Adoption Agreement (Knowles Corp), PPD Adoption Agreement (Simpson Manufacturing Co Inc /Ca/)

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Certain Requirements Not Applicable. Although a non-spouse beneficiary may roll over directly a distribution as provided in this Section 7.13.5, any such a distribution made prior to January 1, 2010 is not subject to the direct rollover requirements of Code §401(a)(31) (including Code §401(a)(31)(B), the notice requirements of Code §402(f) or the mandatory withholding requirements of Code §3405(c)). If a non-spouse beneficiary receives a distribution from the Plan, the distribution is not eligible for a “60-day” 60 day rollover.

Appears in 2 contracts

Samples: Single Defined Benefit Plan, Single Defined Benefit Plan

Certain Requirements Not Applicable. Although a non-spouse beneficiary may roll over directly a distribution as provided in Section 7.1, any distribution made prior to January 1, 2010 is not subject to the direct rollover requirements of Code §401(a)(31) (including Code §401(a)(31)(B), the notice requirements of Code §402(f) or the mandatory withholding requirements of Code §3405(c)). If a non-spouse beneficiary receives a distribution from the Plan, the distribution is not eligible for a "60-day" rollover.

Appears in 1 contract

Samples: Participation Agreement (Nci Building Systems Inc)

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Certain Requirements Not Applicable. Although a non-spouse beneficiary may roll over directly a distribution as provided in Section 7.1(a) above, any the distribution made prior to January 1, 2010 is not subject to the direct rollover requirements of Code §401(a)(31) (including Code §401(a)(31)(B), the notice requirements of Code §402(f) or the mandatory withholding requirements of Code §3405(c)). If a non-spouse beneficiary receives a distribution from the Plan, the distribution is not eligible for a “60-day” rollover.

Appears in 1 contract

Samples: Amendatory Agreement (Regency Centers Corp)

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