Common use of DISTRIBUTION UPON TERMINATION OF EMPLOYMENT Clause in Contracts

DISTRIBUTION UPON TERMINATION OF EMPLOYMENT. Subject to Section 5.1.2, a Participant's Benefit Commencement Date shall be as soon as practicable following his or her Fully Vested Separation, Partially Vested Separation or Nonvested Separation, if applicable, and in accordance with Section 5.6. If the Plan includes a CODA feature, each 401(k) Contributions Account of a Participant shall be payable in accordance with the events specified in Section 1.27

Appears in 4 contracts

Samples: Defined Contribution Plan (Innerdyne Inc), Prototype Defined Contribution Plan Adoption Agreement (Media 100 Inc), 401(k) Plan Adoption Agreement (Pennfed Financial Services Inc)

AutoNDA by SimpleDocs

DISTRIBUTION UPON TERMINATION OF EMPLOYMENT. 5.1.1 Subject to Section 5.1.2, a Participant's Benefit Commencement Date shall be as soon as practicable following his or her Fully Vested Separation, Partially Vested Separation or Nonvested Separation, if applicable, and in accordance with Section 5.6. If the Plan includes a CODA feature, each 401(k) Contributions Account of a Participant shall be payable in accordance with the events specified in Section 1.27

Appears in 4 contracts

Samples: 401(k) Plan Adoption Agreement (Gadzooks Inc), Prototype Defined Contribution Plan Adoption Agreement (MSC Industrial Direct Co Inc), 401(k) Plan Adoption Agreement (Sterling Financial Corp /Wa/)

AutoNDA by SimpleDocs

DISTRIBUTION UPON TERMINATION OF EMPLOYMENT. Subject to Section 5.1.2, a Participant's Benefit Commencement Date shall be as soon as practicable following his or her Fully Vested Separation, Partially Vested Separation or Nonvested Separation, if applicable, and in accordance with Section 5.6. If the Plan includes a CODA feature, each 401(k) Contributions Account of a Participant shall be payable in accordance with the events specified in Section 1.27

Appears in 1 contract

Samples: Prototype Defined Contribution Plan Adoption Agreement (Labor Ready Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!