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)
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)