Common use of Death Prior to Full Distribution Clause in Contracts

Death Prior to Full Distribution. If a Participant dies after his Event of Maturity but before distribution of his Vested Total Account has been completed, the remainder of his undistributed Vested Total Account shall be distributed in the same manner as hereinbefore provided in the Event of Maturity by reason of death. If, at the death of the Participant, any payment to the Participant was due or otherwise pending but not actually paid, the amount of such payment shall be included in the Vested Total Account which is payable to the Beneficiary (and shall not be paid to the Participant's estate).

Appears in 1 contract

Samples: Western Bancorp

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Death Prior to Full Distribution. If a Participant dies after his the Participant's Event of Maturity but before distribution of his the Participant's Vested Total Account has been completedmade, the remainder of his undistributed Vested Total Account shall be distributed in the same manner as hereinbefore provided in the Event of Maturity by reason of death. If, at the death of the Participant, any payment to the Participant was due or otherwise pending but not actually paid, the amount of such payment shall be included in the Vested Total Account which is payable to the Beneficiary (and shall not be paid to the Participant's estate).

Appears in 1 contract

Samples: Employee Stock Ownership Plan Trust Agreement (Entegris Inc)

Death Prior to Full Distribution. If a Participant dies after his the Participant's Event of Maturity but before distribution of his the Participant's Vested Total Account has been completedmade, the remainder of his undistributed Vested Total Account shall be distributed in the same manner as hereinbefore provided in the Event of Maturity by reason of death. If, at the death of the Participant, any payment to the Participant was due or otherwise pending but not actually paid, the amount of such payment shall be included in the Vested Total Account which is payable to the Beneficiary (and shall not be paid to the Participant's estate).

Appears in 1 contract

Samples: Trust Agreement (Entegris Inc)

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Death Prior to Full Distribution. If a Participant dies after his the Participant's Event of Maturity but before distribution of his the Participant's Vested Total Account has been completed, the remainder of his the undistributed Vested Total Account shall be distributed in the same manner as hereinbefore provided in the Event of Maturity by reason of death. If, at the death of the Participant, any payment to the Participant was due or otherwise pending but not actually paid, the amount of such payment shall be included in the Vested Total Account which is payable to the Beneficiary (and shall not be paid to the Participant's estate).

Appears in 1 contract

Samples: Northstar Computer Forms Inc/Mn

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