Common use of DETERMINATION OF BENEFITS IN EVENT OF DISABILITY Clause in Contracts

DETERMINATION OF BENEFITS IN EVENT OF DISABILITY. In the event of a Participant's Total and Permanent Disability prior to the Participant's Retirement Date or other termination of employment, all amounts credited to such Participant's Combined Account shall, if elected in the Adoption Agreement, become fully Vested. In the event of a Participant's Total and Permanent Disability, the Administrator, in accordance with the provisions of Sections 6.5 and 6.7, shall direct the distribution to such Participant of the entire Vested interest in the Plan.

Appears in 3 contracts

Samples: MSC Software Corp, Wayne Savings Bancshares Inc /De/, Aceto Corp

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DETERMINATION OF BENEFITS IN EVENT OF DISABILITY. In the event of a Participant's Total and Permanent Disability prior to the Participant's his Retirement Date or other termination of his employment, all amounts credited to such Participant's Combined Account shall, if elected in the Adoption Agreement, shall become fully Vested. In the event of a Participant's Total and Permanent Disability, the AdministratorTrustee, in accordance with the provisions of Sections 6.5 and 6.7, shall direct the distribution distribute to such Participant of the entire Vested interest in the Planall amounts credited to such Participant's Combined Account as though he had retired.

Appears in 2 contracts

Samples: Aironet Wireless Communications Inc, Telxon Corp

DETERMINATION OF BENEFITS IN EVENT OF DISABILITY. In the event of a Participant's Total and Permanent Disability prior to the Participant's Retirement Date or other termination severance of employment, all amounts credited to such Participant's Combined Account shall, if elected in the Adoption Agreement, become fully Vested. In the event of a Participant's Total and Permanent Disability, the Administrator, Participant's entire Vested interest in the Plan will be distributable and may be distributed in accordance with the provisions of Sections 6.5 and 6.7, shall direct the distribution to such Participant of the entire Vested interest in the Plan.

Appears in 1 contract

Samples: www.mfs.com

DETERMINATION OF BENEFITS IN EVENT OF DISABILITY. In the event of a Participant's Total and Permanent Disability prior to the Participant's Retirement Date or other termination of employment, all amounts credited to such Participant's Combined Account shall, if elected in the Adoption Agreement, become fully Vested. In the event of a Participant's Total and Permanent Disability, the Administrator, in accordance with the provisions of Sections 6.5 and 6.7, shall direct the distribution to such Participant of the entire all Vested interest in the Planamounts credited to such Participant's Combined Account.

Appears in 1 contract

Samples: Adoption Agreement (Baldwin Technology Co Inc)

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DETERMINATION OF BENEFITS IN EVENT OF DISABILITY. In the event of a Participant's Total and Permanent Disability prior to the Participant's Retirement Date or other termination of employment, all amounts credited to such Participant's Combined Account shall, if elected in the Adoption Agreement, shall become fully Vested. In the event of a Participant's Total and Permanent Disability, the Administrator, in accordance with the provisions of Sections 6.5 and 6.7, shall direct the distribution to such Participant of the entire all Vested interest in the Planamounts credited to such Participant's Combined Account.

Appears in 1 contract

Samples: Winton Financial Corp

DETERMINATION OF BENEFITS IN EVENT OF DISABILITY. In the event of a Participant's Total and Permanent Disability prior to the Participant's his Retirement Date or other termination of his employment, all amounts credited to such Participant's Combined Account shall, if elected in the Adoption Agreement, shall become fully Vested. In the event of a Participant's Total and Permanent Disability, the AdministratorTrustee, in accordance with the provisions of Sections 6.5 6.05 and 6.76.07, shall direct the distribution distribute to such Participant of the entire Vested interest in the Planall amounts credited to such Participant's Combined Account as though he had retired.

Appears in 1 contract

Samples: Fulton Financial (Fulton Financial Corp)

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