De Minimis and Specified Amounts Sample Clauses

De Minimis and Specified Amounts. The Plan may permit the acceleration of the time or schedule of payment to a Participant, provided that (i) the payment accompanies the termination of the entirety of the Participant’s interest in the Plan; (ii) the payment is made on or before the later of (A) December 31 of the Calendar Year in which occurs the Participant’s Separation from Service from the Plan Sponsor or (B) the date is 2 1/2 months after the Participant’s Separation from Service from the Plan Sponsor; and (iii) the payment is not greater than $10,000.