Common use of Distribution of Vested Interest Clause in Contracts

Distribution of Vested Interest. As a prerequisite to the commencement of a Vested Termination Benefit hereunder, a Participant otherwise entitled thereto shall file with the Committee an application for such benefit at least thirty-one (31) days prior to the Participant's Vested Termination Date. Distribution of any benefit payable under this Section shall be paid pursuant to the provisions of Article IX.