Common use of Distribution of Benefit Clause in Contracts

Distribution of Benefit. The Corporation shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month within thirty (30) days following Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years.

Distribution of Benefit. The Corporation shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Executive’s Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years. During the applicable installment period, interest will be applied to the Account Value at the Discount Rate, compounded monthly.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day within thirty (30) days following Termination of the month following Normal Retirement AgeEmployment. The annual benefit shall be distributed to the Executive for fifteen (15) years.

Distribution of Benefit. The Corporation shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Executive’s Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years. During the applicable installment period, interest will be applied to the Account Value at the Discount Rate, compounded monthly.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Normal Retirement AgeDate. The annual benefit shall be distributed to the Executive for fifteen twenty (1520) years.

Distribution of Benefit. The Corporation shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement AgeSeparation from Service. The annual benefit shall be distributed to the Executive for the greater of fifteen (15) years, or the Executive’s lifetime.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Executive’s attainment of Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen twenty (1520) years.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen twenty (1520) years.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal consecutive monthly installments payments commencing on the first day of the month within thirty (30) days following Normal Retirement AgeDate. The annual benefit shall be distributed to the Executive paid for fifteen (15) years.

Distribution of Benefit. The Corporation shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (15) years, or the Executive’s lifetime.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen twenty (1520) years.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen ten (1510) years.

Distribution of Benefit. The Corporation Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Executive’s Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years. During the applicable installment period, interest will be applied to the Account Value at the Discount Rate, compounded monthly.

Distribution of Benefit. The Corporation Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Executive’s Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years. During the applicable installment period, interest will be applied to the Account Value at the Discount Rate, compounded monthly.

Distribution of Benefit. The Corporation shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement AgeSeparation from Service. The annual benefit shall be distributed to the Executive for the greater of fifteen (15) years, or the Executive's lifetime.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve one hundred twenty (12120) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit Interest shall be distributed credited from during the installment period at a rate equal to the Executive for fifteen (15) yearsDiscount Rate in effect at the time of Separation from Service.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement AgeDate. The annual benefit shall be distributed to the Executive for fifteen (15) years.

Distribution of Benefit. The Corporation Company shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement AgeDate. The annual benefit shall be distributed to the Executive for fifteen twenty (1520) years.

Distribution of Benefit. The Corporation shall pay distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Normal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (15) years, or the Executive's lifetime.