Common use of Death Before Date Distributions Begin Clause in Contracts

Death Before Date Distributions Begin. (a) Member Survived by Designated Beneficiary. If the Member dies before the date distributions begin and there is a designated beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Member’s death is the quotient obtained by dividing the Member’s account balance by the remaining life expectancy of the Member’s designated beneficiary, determined as provided in paragraph (D) (1).

Appears in 3 contracts

Samples: Adoption Agreement (Newport Bancorp Inc), Adoption Agreement (Sugar Creek Financial Corp), Trust Agreement (Northeast Community Bancorp Inc)

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Death Before Date Distributions Begin. (a) Member Participant Survived by Designated Beneficiary. If Except as otherwise elected under section 6, if the Member Participant dies before the date distributions begin and there is a designated beneficiaryBeneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Member’s Participant's death is the quotient obtained by dividing the Member’s Participant's account balance by the remaining life expectancy of the Member’s Participant's designated beneficiaryBeneficiary, determined as provided in paragraph (D) (1)section 4.1.

Appears in 2 contracts

Samples: Hudson City Bancorp Inc, Axsys Technologies Inc

Death Before Date Distributions Begin. (aA) Member Participant Survived by Designated Beneficiary. If Except as provided in the Member adoption agreement, if the Participant dies before the date distributions begin and there is a designated beneficiaryDesignated Beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the MemberParticipant’s death is the quotient obtained by dividing the Member’s Participant's account balance by the remaining life expectancy of the MemberParticipant’s designated beneficiaryDesignated Beneficiary, determined as provided in paragraph (Dsection 6.3(d) (1i).

Appears in 1 contract

Samples: advisor.gwnsecurities.com

Death Before Date Distributions Begin. (a) Member Survived by Designated Beneficiary. If the Member dies before the date distributions begin and there is a designated beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Member’s death is the quotient obtained by dividing the Member’s account balance by the remaining life expectancy of the Member’s designated beneficiary, determined as provided in paragraph (D) (1D)(1).

Appears in 1 contract

Samples: Adoption Agreement (Ottawa Savings Bancorp, Inc.)

Death Before Date Distributions Begin. (aA) Member Participant Survived by Designated Beneficiary. If Except as provided in subparagraph 8.13(g), if the Member Participant dies before the date distributions begin and there is a designated beneficiaryDesignated Beneficiary, the minimum amount that will be distributed for or each distribution calendar year after the calendar year of the MemberParticipant’s death is the quotient obtained by dividing the MemberParticipant’s account balance by the remaining life expectancy of the MemberParticipant’s designated beneficiaryBeneficiary, determined as provided in paragraph under clause (Di) (1)above.

Appears in 1 contract

Samples: Master Defined Contribution Plan (Southern National Bancorp of Virginia Inc)

Death Before Date Distributions Begin. (ai) Member Participant Survived by Designated Beneficiary. If Except as other- wise elected under Section 9.1(f), if the Member Participant dies before the date distributions begin and there is a designated beneficiaryBeneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the MemberParticipant’s death is the quotient obtained by dividing the MemberParticipant’s account Account balance by the remaining life expectancy of the MemberParticipant’s designated beneficiaryBeneficiary, determined as provided in paragraph (D) (1Section 9.1(d)(1).

Appears in 1 contract

Samples: www.fidelity.com

Death Before Date Distributions Begin. (a) Member Survived by Designated Beneficiary. If the Member dies before the date distributions begin and there is a designated beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Member’s 's death is the quotient obtained by dividing the Member’s 's account balance by the remaining life expectancy of the Member’s 's designated beneficiary, determined as provided in i n paragraph (D) (1D)(1).

Appears in 1 contract

Samples: Exhibit 10 (Atlantic Coast Federal Corp)

Death Before Date Distributions Begin. (a1) Member Survived by Designated Beneficiary. If the Member dies before the date distributions begin and there is a designated beneficiaryDesignated Beneficiary, the minimum amount that will be distributed for each distribution calendar year Distribution Calendar Year after the year of the Member’s death is the quotient obtained by dividing the Member’s account balance Account Balance by the remaining life expectancy Life Expectancy of the Member’s designated beneficiaryDesignated Beneficiary, determined as provided in paragraph (Dsubparagraph 4(a) (1)of this Article 29.

Appears in 1 contract

Samples: Trust Agreement (Royal Dutch Shell PLC)

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Death Before Date Distributions Begin. (ai) Member Survived Participant survived by Designated Beneficiarydesignated beneficiary. If Except as provided in Section 6.8(b)(3), if the Member Participant dies before the date distributions begin and there is a designated beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the MemberParticipant’s death is the quotient obtained by dividing the MemberParticipant’s account Account balance by the remaining life expectancy of the MemberParticipant’s designated beneficiary, determined as provided in paragraph (D) (1Section 6.8(d)(l).

Appears in 1 contract

Samples: Chevron Corp

Death Before Date Distributions Begin. (aA) Member Participant Survived by Designated Beneficiary. If the Member Participant dies before the date distributions begin and there is a designated beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the MemberParticipant’s death is the quotient obtained by dividing the MemberParticipant’s account Account balance by the remaining life expectancy of the MemberParticipant’s designated beneficiary, determined as provided in paragraph (D) (1Section 12.05(d)(1).

Appears in 1 contract

Samples: Custodial Agreement (Pepsiamericas Inc/Il/)

Death Before Date Distributions Begin. (ai) Member Participant Survived by Designated Beneficiary. If Except as provided in the Member Plan, if the participant dies before the date distributions begin and there is a designated beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Memberparticipant’s death is the quotient obtained by dividing the Memberparticipant’s account balance by the remaining life expectancy of the Memberparticipant’s designated beneficiary, determined as provided in paragraph (D) (1section 11.4(d)(1).

Appears in 1 contract

Samples: Employee Stock Ownership Plan (Guaranty Bancshares Inc /Tx/)

Death Before Date Distributions Begin. (aA) Member Participant Survived by Designated Beneficiary. If Except as provided in the Member adoption agreement, if the participant dies before the date distributions begin and there is a designated beneficiary, the minimum amount that will be distributed for each distribution calendar year after the year of the Memberparticipant’s death is the quotient obtained by dividing the Memberparticipant’s account balance by the remaining life expectancy of the Memberparticipant’s designated beneficiary, determined as provided in paragraph (D) (1Section 10.07(d)(1).

Appears in 1 contract

Samples: www.theentrustgroup.com

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