Distributions Not Subject To Code Section 417. If payment in the form of a Qualified Joint and Survivor Annuity is not required with respect to a Participant, the rules in this subparagraph 6.7(b) are substituted for the rules in paragraph 6.4(c). If the value of a Participant’s Vested Account Balance derived from Employer and Employee contributions:
Appears in 5 contracts
Samples: Defined Contribution Plan (Georgetown Bancorp, Inc.), Defined Contribution Plan (Chicopee Bancorp, Inc.), Defined Contribution Plan (FNB United Corp.)
Distributions Not Subject To Code Section 417. If payment in the form of a Qualified Joint and Survivor Annuity is not required with respect to a Participant, the rules in this subparagraph 6.7(b) are substituted for the rules in paragraph 6.4(c). If the value of a Participant’s 's Vested Account Balance derived from Employer and Employee contributions:
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)