Deceased Participant's Nonforfeitable Accrued. Benefit Does Not Exceed $3,500. The Advisory Committee, subject to the requirements of Section 6.04, must direct the Trustee to distribute the deceased Participant's Nonforfeitable Accrued Benefit in a single sum, as soon as administratively practicable following the Participant's death or, if later, the date on which the Advisory Committee receives notification of or otherwise confirms the Participant's death.
Appears in 7 contracts
Samples: Defined Contribution Prototype Plan and Trust Agreement (Direct Focus Inc), Defined Contribution Master Plan and Trust Agreement (American Stone Industries Inc), Defined Contribution Prototype Plan and Trust Agreement (Bankunited Financial Corp)
Deceased Participant's Nonforfeitable Accrued. Benefit Does Not Exceed $3,5005,000. The Advisory Committee, subject to the requirements of Section 6.04, Committee must direct the Trustee to distribute the deceased Participant's Nonforfeitable Accrued Benefit in a single lump sum, as soon as administratively practicable following the Participant's death or, if later, the date on which the Advisory Committee receives notification of or otherwise confirms the Participant's death.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan (Exigent International Inc), Employee Stock Ownership Plan and Trust Agreement (Millers Mutual Fire Insurance Co)
Deceased Participant's Nonforfeitable Accrued. Benefit Does Not Exceed $3,500. The Advisory Committee, subject to the requirements of Section 6.04, must direct the Trustee to distribute pay the deceased Participant's Nonforfeitable Accrued Benefit in a single cash sum, as soon as administratively practicable following the Participant's death or, if later, the date on which the Advisory Committee receives notification of or otherwise confirms the Participant's death.
Appears in 1 contract
Samples: Employee Stock Ownership Plan and Trust Agreement (Fronteer Directory Company Inc)
Deceased Participant's Nonforfeitable Accrued. Benefit Does Not No Exceed $3,500. The Advisory Committee, subject to the requirements of Section 6.04, must direct the Custodian/Trustee to distribute pay the deceased Participant's Nonforfeitable Accrued Benefit in a single cash sum, as soon as administratively practicable following the Participant's death or, if later, the date on which the Advisory Committee receives notification of or otherwise confirms the Participant's death.practicable
Appears in 1 contract
Samples: 401(k) Retirement Savings Plan (Reptron Electronics Inc)
Deceased Participant's Nonforfeitable Accrued. Benefit Does Not Exceed $3,500. The Advisory Committee, subject to the requirements of Section 6.04, must direct the Trustee to distribute the deceased Participant's Nonforfeitable Accrued Benefit in a single cash sum, as soon as administratively practicable following the Participant's death or, if later, the date on which the Advisory Committee receives notification of or otherwise confirms the Participant's death.
Appears in 1 contract
Samples: Employee Stock Ownership Plan Amendment (Amerisource Distribution Corp)
Deceased Participant's Nonforfeitable Accrued. Benefit Does Not Exceed $3,5005,000. The Advisory Committee, subject to the requirements of Section 6.04, must direct the Trustee to distribute pay the deceased Participant's Nonforfeitable Accrued Benefit in a single cash sum, as soon as administratively practicable on the annual or quarterly distribution date following the end of the calendar quarter in which the Participant's death occurs, or, if later, the date on in which the Advisory Committee receives notification of or otherwise confirms the Participant's death, or as soon as administratively practicable thereafter.
Appears in 1 contract
Samples: Profit Sharing Plan and Trust Agreement (DST Systems Inc)
Deceased Participant's Nonforfeitable Accrued. Benefit Does Not Exceed $3,500. The Advisory Committee, subject to the requirements of Section 6.04, must 6.04,must direct the Trustee to distribute the deceased Participant's Nonforfeitable Accrued Benefit in a single sum, as soon as administratively practicable following the Participant's death or, if later, the date on which the Advisory Committee receives notification of or otherwise confirms the Participant's death.
Appears in 1 contract
Samples: Defined Contribution Master Plan and Trust Agreement (Washington Homes Inc)
Deceased Participant's Nonforfeitable Accrued. Benefit Does Not Exceed $3,5005,000. The Advisory Committee, subject to the requirements of Section 6.04, Committee must direct the Trustee to distribute pay the deceased Participant's Nonforfeitable Accrued Benefit in a single cash sum, as soon as administratively practicable on the annual or quarterly distribution date following the calendar quarter in which the Participant's death occurs, or, if later, the date on in which the Advisory Committee receives notification of or otherwise confirms the Participant's death, or as soon as administratively practicable thereafter.
Appears in 1 contract
Samples: Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc)