Distribution In Event Of Incapacity. If any person who is entitled to receive a distribution of benefits (the “Payee”) suffers from a Disability or is under a legal incapacity, payments may be made in one or more of the following ways as directed by the Plan Administrator: (a) to the Payee directly; or (b) to the guardian or legal representative of the Payee’s person or estate. The Plan Administrator’s determination of the minority or incapacity of any Payee will be final.
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Samples: Defined Contribution Plan, Defined Contribution Plan, Defined Contribution Plan (1st Constitution Bancorp)
Distribution In Event Of Incapacity. If any person who is entitled to receive a distribution of benefits (the “Payee”) suffers from a Disability or is under a legal incapacity, payments may be made in one or more of the following ways as directed by the Plan Administrator:
(a) to the Payee directly; or
(b) to the guardian or legal representative of the Payee’s person or estate. The Plan Administrator’s determination of the minority or incapacity of any Payee will be final.
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