Common use of For Five-Percent Owners Clause in Contracts

For Five-Percent Owners. April 1 that follows the end of the calendar year in which the Participant attains age 70-1/2.

Appears in 3 contracts

Sources: Defined Contribution Plan and Trust (National Penn Bancshares Inc), Defined Contribution Prototype Plan and Trust Agreement (Mercantile Bancorp, Inc.), Profit Sharing/401(k) Prototype Plan and Trust (Capital Corp of the West)

For Five-Percent Owners. April 1 that follows the end of the calendar year in which the Participant attains age 70-1/2.70½.

Appears in 1 contract

Sources: Governmental 457(b) Plan Basic Plan Document