Common use of Determination and Distribution upon Disability Clause in Contracts

Determination and Distribution upon Disability. (Articles 2.15 and 5.4 of the Plan). If a Participant becomes Disabled while employed with the Employer, the unpaid portion of his or her Participant’s Account balance, if any, shall be distributed in a single sum. A Participant shall be deemed Disabled (check one; if not checked, the first box below is the default definition):

Appears in 4 contracts

Samples: Nonqualified Deferred Compensation Adoption Agreement (InterDigital, Inc.), Adoption Agreement (Acadia Healthcare Company, Inc.), Adoption Agreement (Fairpoint Communications Inc)

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