Common use of Commencement of Benefits Clause in Contracts

Commencement of Benefits. (a) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth day after the close of the Plan Year in which the latest of the following events occurs:

Appears in 19 contracts

Samples: Prototype Defined Contribution Plan (1st Constitution Bancorp), Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Savannah Bancorp Inc)

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Commencement of Benefits. (a) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth 60th day after the close of the Plan Year in which the latest of the following events occurs:

Appears in 10 contracts

Samples: East West Bancorp Inc, Adoption Agreement (Shared Technologies Cellular Inc), Non Standardized Adoption Agreement (Princeton Review Inc)

Commencement of Benefits. (a) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth day after the close of the Plan Year in which the latest of the following events occurs:

Appears in 2 contracts

Samples: Prototype Defined Contribution Plan, Prototype Defined Contribution Plan

Commencement of Benefits. (ai) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth 60th day after the latest of the close of the Plan Year in which the latest of the following events occurswhich:

Appears in 1 contract

Samples: WHX Corp

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Commencement of Benefits. (aA) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth 60th day after the close of the Plan Year in which the latest of the following events occurs:

Appears in 1 contract

Samples: Standarized Adoption Agreement (Oregon Trail Financial Corp)

Commencement of Benefits. (a) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth day sixtiethday after the close of the Plan Year in which the latest of the following events occurs:

Appears in 1 contract

Samples: Measurement Specialties Inc

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