Common use of Death, Disability and Retirement Clause in Contracts

Death, Disability and Retirement. The Employer Account and Matching Account of each Participant who reaches Early Retirement Age or Normal Retirement Age while an Employee shall become completely nonforfeitable on such date. The Employer Account and Matching Account of each Participant who dies while an Employee or who becomes Disabled while an Employee 8.1 (b) (1) Standard Option - shall become completely nonforfeitable on such date.

Appears in 3 contracts

Samples: Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc), 401(k) Adoption Agreement (Oshkosh B Gosh Inc), Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc)

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Death, Disability and Retirement. The Employer Account and Matching Account of each Participant who reaches Early Retirement Age or Normal Retirement Age while an Employee shall become completely nonforfeitable on such date. The Employer Account and Matching Account of each Participant who dies while an Employee or who becomes Disabled while an Employee 8.1 (b) (1) Standard Option - shall become completely nonforfeitable on such date.

Appears in 1 contract

Samples: Adoption Agreement (Community First Banking Co)

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