Common use of Distributions During Year Ending on the Determination Date Clause in Contracts

Distributions During Year Ending on the Determination Date. The present values of accrued benefits and the amounts of Account balances of an Employee as of the Determination Date shall be increased by the distributions made with respect to the Employee under the Plan and any plan aggregated with the Plan under section 416(g)(2) of the Code during the 1-year period ending on the Determination Date. The preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been aggregated with the Plan under section 416(g)(2)(A)(i) of the Code. In the case of a distribution made for a reason other than severance from employment, death, or disability, this provision shall be applied by substituting “5-year period” for “1-year period.”

Distributions During Year Ending on the Determination Date. The present values of accrued benefits and the amounts of Account account balances of an Employee employee as of the Determination Date determination date shall be increased by the distributions made with respect to the Employee employee under the Plan plan and any plan aggregated with the Plan plan under section 416(g)(2) of the Code during the 1-year period ending on the Determination Datedetermination date. The preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been aggregated with the Plan plan under section 416(g)(2)(A)(i416(g)(2)(A) (i) of the Code. In the case of a distribution made for a reason other than severance from employment, death, or disability, this provision shall be applied by substituting “5-5- year period” for “1-year period.”

Distributions During Year Ending on the Determination Date. The present values of accrued benefits and the amounts of Account balances of an Employee as of the Determination Date determination date shall be increased by the distributions made with respect to the Employee employee under the Plan and any plan aggregated with the Plan under section Section 416(g)(2) of the Code during the 1-year period ending on the Determination Datedetermination date. The preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been aggregated with the Plan under section Section 416(g)(2)(A)(i) of the Code. In the case of a distribution made for a reason other than severance from employment, death, or disability, this provision shall be applied by substituting “5-year period” period for “1-year period.”

Distributions During Year Ending on the Determination Date. The present values of accrued benefits and the amounts of Account account balances of an Employee employee as of the Determination Date determination date shall be increased by the distributions made with respect to the Employee employee under the Plan plan and any plan aggregated with the Plan plan under section Section 416(g)(2) of the Code during the 1-year period ending on the Determination Datedetermination date. The preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been aggregated with the Plan plan under section Section 416(g)(2)(A)(i) of the Code. In the case of a distribution made for a reason other than severance separation from employmentservice, death, or disability, this provision shall be applied by substituting “"5-year period” " for “"1-year period.”"

Distributions During Year Ending on the Determination Date. The present values of accrued benefits and the amounts of Account balances of an Employee as of the Determination Date shall be increased by the distributions made with respect to the Employee under the Plan and any plan aggregated with the Plan under section 416(g)(2) of the Code during the 1-year period ending on the Determination Date. The preceding sentence shall also apply to distributions under a terminated plan which, had it not been terminated, would have been aggregated with the Plan under section 416(g)(2)(A)(i) of the Code. In the case of a distribution made for a reason other than severance separation from employmentservice, death, or disability, this provision shall be applied by substituting “5-year period” for “1-year period.”