Elimination of Optional Forms of Benefit Sample Clauses

Elimination of Optional Forms of Benefit. No Plan amendment will be effective to eliminate or restrict an optional form of benefit. The preceding sentence will not apply to a Plan amendment that eliminates or restricts the ability of a Participant to receive payment of the Participant’s Account balance under a particular optional form of benefit (including annuities and installments) if the amendment provides a single-sum distribution form that is otherwise identical to the optional form of benefit being eliminated or restricted. For this purpose, a single-sum distribution form is otherwise identical only if the single-sum distribution form is identical in all respects to the eliminated or restricted optional form of benefit (or would be identical except that it provides greater rights to the Participant) except with respect to the timing of payments after commencement. With respect to the modification or elimination of an optional form of benefit under which benefits are distributable to a Participant in a medium other than cash, the following provisions will apply:

Elimination of Optional Forms of Benefit. The Employer elects prospectively to eliminate the following optional forms of benefit: (Choose one or more of (1), (2) and (3) as applicable) o (1) QJSA and QPSA benefits as described in Plan Sections 6.04, 6.05 and 6.06 effective: . o (2) Installment distributions as described in Section 6.03 effective: . o (3) Other optional forms of benefit (Any election to eliminate must be consistent with Treas. Reg. §1.411(d)-4): . (n) Special effective date(s): Sections 1.11(e) and 3.02 are effective January 1, 2002 . For periods prior to the above-specified special effective date(s), the Plan terms in effect prior to its restatement under this Adoption Agreement will control for purposes of the designated provisions. A special effective date may not result in the delay of a Plan provision beyond the permissible effective date under any applicable law.

Elimination of Optional Forms of Benefit. The Employer elects prospectively to eliminate the following optional forms of benefit: (Choose one or more of (1), (2) and (3) as applicable) (1) QJSA and QPSA benefits as described in Plan Sections 6.04, 6.05 and 6.06 effective: _______________. [ ] (2) Installment distributions as described in Section 6.03 effective: ________________. (3) Other optional forms of benefit (Any election to eliminate must be consistent with Treas. Reg.ss.1.411(d)-4): _________________. [X] (n) SPECIAL EFFECTIVE DATE(S): See Addendum A. --------------- For periods prior to the above-specified special effective date(s), the Plan terms in effect prior to its restatement under this Adoption Agreement will control for purposes of the designated provisions. A special effective date may not result in the delay of a Plan provision beyond the permissible effective date under any applicable law. APPENDIX B GUST REMEDIAL AMENDMENT PERIOD ELECTIONS

Elimination of Optional Forms of Benefit. The Employer elects prospectively to eliminate the following optional forms of benefit: (Choose one or more of (1), (2) and (3) as applicable) o (1) QJSA and QPSA benefits as described in Plan Sections 6.04, 6.05 and 6.06 effective: . o (2) Installment distributions as described in Section 6.03 effective: . o (3) Other optional forms of benefit (Any election to eliminate must be consistent with Treas. Reg. §1.411(d)-4): .