Domestic Relations Order. The Plan may permit direct payment of a Participant’s Benefits to an individual other than a Participant as necessary to fulfill a domestic relations order, as defined in Section 414(p)(1)(B) of the Code.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan (Somerset Hills Bancorp), Supplemental Executive Retirement Plan (Somerset Hills Bancorp), Supplemental Executive Retirement Plan (Somerset Hills Bancorp)