Common use of Coordination with Minimum Distribution Requirements Previously in Effect Clause in Contracts

Coordination with Minimum Distribution Requirements Previously in Effect. If the effective date of this amendment is earlier than calendar years beginning with the 2003 calendar year, required minimum distributions for 2002 under this amendment will be determined as follows. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment equals or exceeds the required minimum distributions determined under this amendment, then no additional distributions will be required to be made for 2002 on or after such date to the distributee. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment is less than the amount determined under this amendment, then required minimum distributions for 2002 on and after such date will be determined so that the total amount of required minimum distributions for 2002 made to the distributee will be the amount determined under this amendment.

Appears in 4 contracts

Samples: Adoption Agreement (LSB Bancshares Inc /Nc/), Adoption Agreement (Americas Carmart Inc), Adoption Agreement (Americas Carmart Inc)

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Coordination with Minimum Distribution Requirements Previously in Effect. If the this Section specifies an effective date of this amendment that is earlier than calendar years beginning with the 2003 calendar year, required minimum distributions Required Minimum Distributions for 2002 under this amendment Section will be determined as follows. If the total amount of 2002 required minimum distributions Required Minimum Distributions under the Plan made to the distributee prior to the effective date of this amendment Section equals or exceeds the required minimum distributions Required Minimum Distributions determined under this amendmentSection, then no additional distributions will be required to be made for 2002 on or after such date to the distributee. If the total amount of 2002 required minimum distributions Required Minimum Distributions under the Plan made to the distributee prior to the effective date of this amendment Section is less than the amount determined under this amendmentSection, then required minimum distributions Required Minimum Distributions for 2002 on and after such date will be determined so that the total amount of required minimum distributions Required Minimum Distributions for 2002 made to the distributee will be the amount determined under this amendmentSection.

Appears in 2 contracts

Samples: And Trust Agreement (Bancfirst Corp /Ok/), And Trust Agreement (Bancfirst Corp /Ok/)

Coordination with Minimum Distribution Requirements Previously in Effect. If the effective date of this amendment Amendment is earlier than calendar years beginning with the 2003 calendar year, . required minimum distributions for 2002 under this amendment Amendment will be determined as follows. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment Amendment equals or exceeds the required minimum distributions determined under this amendmentAmendment, then no additional distributions will be required to be made for 2002 on or after such date to the distributee. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment Amendment is less than the amount determined under this amendmentAmendment, then required minimum distributions for 2002 on and after such date will be determined so that the total amount of required minimum distributions for 2002 made to the distributee will be the amount determined under this amendmentAmendment.

Appears in 1 contract

Samples: Talbots Inc

Coordination with Minimum Distribution Requirements Previously in Effect. If the adoption agreement specifies an effective date of this amendment Addendum that is earlier than calendar years beginning with the 2003 calendar year, required minimum distributions for 2002 under this amendment Addendum will be determined as follows. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment Addendum equals or exceeds the required minimum distributions determined under this amendmentAddendum, then no additional distributions will be required to be made for 2002 on or after such date to the distributee. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment Addendum is less than the amount determined under this amendmentAddendum, then required minimum distributions for 2002 on and after such date will be determined so that the total amount of required minimum distributions for 2002 made to the distributee will be the amount determined under this amendmentAddendum.

Appears in 1 contract

Samples: Trust Agreement (Nordson Corp)

Coordination with Minimum Distribution Requirements Previously in Effect. If the effective date of this amendment is earlier than calendar years beginning with the 2003 calendar year, required Required minimum distributions for 2002 under this amendment Amendment will be determined as follows. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment Amendment equals or exceeds the required minimum distributions determined under this amendmentAmendment, then no additional distributions will be required to be made for 2002 on or after such date to the distributee. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment Amendment is less than the amount determined under this amendmentAmendment, then required minimum distributions for 2002 on and after such date will be determined so that the total amount of required minimum distributions for 2002 made to the distributee will be the amount determined under this amendmentAmendment.

Appears in 1 contract

Samples: Trust Agreement (Nordson Corp)

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Coordination with Minimum Distribution Requirements Previously in Effect. If the effective date of this amendment Amendment is earlier than calendar years beginning with the 2003 calendar year, required minimum distributions for 2002 under this amendment Amendment will be determined as follows. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment Amendment equals or exceeds the required minimum distributions determined under this amendmentAmendment, then no additional distributions will be required to be made for 2002 on or after such date to the distributee. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment Amendment is less than the amount determined under this amendmentAmendment, then required minimum distributions for 2002 on and after such date will be determined so that the total amount of required minimum distributions for 2002 made to the distributee will be the amount determined under this amendmentAmendment.

Appears in 1 contract

Samples: Aceto Corp

Coordination with Minimum Distribution Requirements Previously in Effect. If the provisions above specify an effective date of this amendment that is earlier than calendar years beginning with the 2003 calendar year, required minimum distributions for 2002 under this amendment will be determined as follows. : If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment equals or exceeds the required minimum distributions determined under this amendment, then no additional distributions will be required to be made for 2002 on or after such date to the distributee. If the total amount of 2002 required minimum distributions under the Plan made to the distributee prior to the effective date of this amendment is less than the amount determined under this amendment, then required minimum distributions for 2002 on and after such date will be determined so that the total amount of required minimum distributions for 2002 made to the distributee will be the amount determined under this amendment.

Appears in 1 contract

Samples: For Trust Agreement (Clayton Williams Energy Inc /De)

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