Common use of Definition of Mandatory Distribution Clause in Contracts

Definition of Mandatory Distribution. A Mandatory Distribution is a Plan required distribution without the Participant's consent upon the Participant's Separation from Service. A Mandatory Distribution does not include a distribution based on the Participant's death or on account of Plan termination.

Appears in 3 contracts

Samples: Plan and Trust Agreement (Bob Evans Farms Inc), Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Finisar Corp)

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Definition of Mandatory Distribution. A Mandatory Distribution is a Plan required distribution without the Participant's ’s consent upon the Participant's ’s Separation from Service. A Mandatory Distribution does not include a distribution based on the Participant's ’s death or on account of Plan termination.

Appears in 1 contract

Samples: Adoption Agreement (Knowles Corp)

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