Common use of Distributions after the Participant’s Death Clause in Contracts

Distributions after the Participant’s Death. If a Participant dies before distribution of the balance in the Participant Account has been completed, the remaining amount, as well as all assets subsequently credited to the Participant Account, if any, shall be distributed to the Participant’s Beneficiary in the form, at the time and from among the methods prescribed in Section 9.2 of this Section as elected by the Beneficiary, subject to the following:

Appears in 4 contracts

Samples: 4kmc.com, 4kmc.com, 4kmc.com

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Distributions after the Participant’s Death. If a Participant dies before distribution of the balance in the Participant Account has been completed, the remaining amount, as well as all assets subsequently credited to the Participant Account, if any, shall be distributed to the Participant’s Beneficiary in the form, at the time and from among the methods prescribed in Section Paragraph 9.2 of this Section as elected by the Beneficiarybeneficiary, subject to the followingfollowing clauses:

Appears in 3 contracts

Samples: Account Application and Agreement, Terms and Conditions, central.verityinvest.com

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