Common use of Deceased Participant's Nonforfeitable Accrued Clause in Contracts

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: Direct Focus Inc, Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Contribution Prototype Plan and Trust Agreement (Quicksilver Resources Inc)

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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: Stock Ownership Plan and Trust Agreement (Exigent International Inc), 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 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 Maser 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, 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: 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 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)

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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 (Amerisource Distribution Corp)

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: Adoption Agreement (Reptron Electronics 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: The Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc)

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