Distributions Prior to Termination of Employment. (a) Employee After-Tax Contributions, Rollover Contributions, and transfers. A Participant may withdraw at any time, upon written request, all or any portion of his/her Account Balance attributable to Employee After-Tax Contributions or Rollover Contributions. Any amounts transferred to the Plan pursuant to a Qualified Transfer (as defined in Section 3.3(d)) also may be withdrawn at any time pursuant to a written request. No forfeiture will occur solely as a result of an Employer's withdrawal of Employee After-Tax Contributions. The Employer may elect in Part 10, #39.d. of the Nonstandardized Agreement [Part 10, #57.d. of the Nonstandardized Profit Sharing/401(k) Agreement] to modify the availability of in-service withdrawals of Employee After-Tax Contributions, Rollover Contributions, or Qualified Transfers. With respect to transfers (other than Qualified Transfers) and subject to the restrictions on distributions of transferred assets under Section 3.3, a Participant may request a distribution of all or any portion of his/her Transfer Account only as permitted under this Article with respect to contributions of the same type as are being withdrawn.
Distributions Prior to Termination of Employment. Distribution of benefits to a participant who attains age 70-1/2 in a plan year must commence not later than the April 1st of the next plan year, even if such participant has not yet terminated employment. Distributions to such participants shall be made in one lump sum. A participant who has attained age 55 and completed at least ten (10) years of participation in the Plan shall be notified of his or her right to elect to withdraw a portion of his or her Company Stock Account. An election to withdraw must be made on such forms as are prescribed by the Plan Administrator, and shall be filed with the Plan Administrator within ninety (90) days after the close of each plan year in the election period. For purposes of this paragraph, the "election period" means the period of six (6) consecutive plan years beginning with the plan year in which the participant first becomes eligible to make a withdrawal. For each of the first five plan years in the election period, the participant may elect to withdraw an amount which does not exceed twenty-five percent (25%) of the balance in his or her Company Stock Account, less any amounts previously withdrawn under the provisions of this paragraph. In the sixth plan year in the election period, the participant may elect to withdraw an amount which does not exceed fifty percent (50%) of the balance in his or her Company Stock Account, less all amounts previously withdrawn. The Trustee shall distribute, at the direction of the Plan Administrator, all amounts withdrawn pursuant to the provisions of this paragraph within ninety (90) days after the end of the applicable election period.
Distributions Prior to Termination of Employment. The Participant's Account may be distributed to the Participant prior to termination of employment with the Employer as follows: (a)
Distributions Prior to Termination of Employment
