Common use of Election Period Clause in Contracts

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 11 contracts

Samples: Defined Contribution Plan (ASB Bancorp Inc), Defined Contribution Plan (Fraternity Community Bancorp Inc), Savings and Investment Plan Document (Sterling Chemicals Inc)

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Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s 's death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 7 contracts

Samples: Defined Contribution Plan, Defined Contribution Plan, Defined Contribution Plan (1st Constitution Bancorp)

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s 's death. If a Participant separates from Service service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 5 contracts

Samples: 401(k) Plan Document (East West Bancorp Inc), Adoption Agreement (Shared Technologies Cellular Inc), 401(k) Plan Document (Inventa Technologies Inc)

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s 's death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 2 contracts

Samples: Defined Contribution Plan and Trust (First Keystone Corp), Profit Sharing Plan (First Keystone Corp)

Election Period. The period which begins starting on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends ending on the date of the Participant’s his or her death. If a Participant separates from Service prior to incurs a Termination of Employment before the first day of the Plan Year in which he or she attains age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance of his or her Individual Account (as of the date of separationthe termination) begins on the date of the termination.

Appears in 1 contract

Samples: Plan Document and Trust Agreement (Stonepath Group Inc)

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Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s death. If a Participant separates from Service service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation, the election period shall begin on the date of separation.

Appears in 1 contract

Samples: Adoption Agreement (Diebold Inc)

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s 's death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation, the election period shall begin on the date of separation.

Appears in 1 contract

Samples: 401(k) Retirement Plan Adoption Agreement (WHX Corp)

Election Period. The Election Period is the period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s death. If a Participant separates from Service service prior to the first day of the Plan Year in which he attains age thirty-five (35) is attained, with respect to the vested Accounts as of the date of separation, the Election Period election period shall begin on the date of separation, with respect . A Participant may make a valid qualified Election prior to the account balance first day of the Election Period; provided, however, such Qualified Election shall become invalid as of the date first day of separation.the Election

Appears in 1 contract

Samples: Retirement Plan (Ametek Inc/)

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