Common use of DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS Clause in Contracts

DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option This Section applies to distributions made on or after January 1, 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a distributee's election under this Section, a distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.

Appears in 7 contracts

Samples: Qualified Retirement Plan (Teardrop Golf Co), Qualified Retirement Plan and Trust Defined (Alaska Pacific Bancshares Inc), Qualified Retirement Plan and Trust (Cornell Corrections Inc)

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DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option This Section applies to distributions made on or after January 1, . 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a distributee's election under this Section, a distributee may elect, at the time and in the manner prescribed practiced by the Plan Administrator, to have any portion of an eligible rollover distribution distributed that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.

Appears in 2 contracts

Samples: Nabi /De/, Nabi /De/

DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option DIRECT ROLLOVER OPTION This Section applies to distributions made on or after January 1, 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a distributee's election under this Section, a distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.

Appears in 2 contracts

Samples: Edutrek Int Inc, Bradford Funds Inc

DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option This Section applies to distributions made on or after January 1, 1993Jamary 1,1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit limlt a distributee's election distrlbutee's'election under this Section, a distributee may elect, at the time and in the manner prescribed by the Plan AdministratorAdmi~tor, to have any portion of an eligible rollover distribution that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.,

Appears in 1 contract

Samples: Weststar Financial Services Corp

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DIRECT ROLLOVERS OF ELIGIBLE ROLLOVER DISTRIBUTIONS. A. Direct Rollover Option - This Section applies to distributions made on or after January 1, 1993. Notwithstanding any provision of the Plan to the contrary that would otherwise limit a distributee's election under this Section, a distributee may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of an eligible rollover distribution that is equal to at least $500 paid directly to an eligible retirement plan specified by the distributee in a direct rollover.

Appears in 1 contract

Samples: New England Funds Trust I

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