Common use of DISTRIBUTION ELECTION Clause in Contracts

DISTRIBUTION ELECTION. Distribution Election" means the form of payment for benefits payable from each Account under this Plan, as elected by the Participant on an Enrollment Form prescribed by the Committee.

Appears in 4 contracts

Samples: Grant Agreement (Aerobic Creations, Inc.), Grant Agreement (Aerobic Creations, Inc.), Grant Agreement (Aerobic Creations, Inc.)

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DISTRIBUTION ELECTION. Distribution Election" means the election by a Participant as to the timing and/or form of payment for of benefits payable from each Account under this Plan, as elected by the Participant on an Enrollment Form a form prescribed by the CommitteeCommittee for this purpose and completed by the Participant.

Appears in 1 contract

Samples: Agreement (Interpublic Group of Companies Inc)

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