Forfeitures. (a) If a Participant terminates employment with the Employer and the Actuarial Value of the Participant's vested Accrued Benefit derived form Employer and Employee contributions is not greater than $3,500, the Employee shall receive a distribution of the Actuarial Value of the entire vested portion of such Accrued Benefit, and the nonvested portion will be treated as a forfeiture. For purposes of this Section 6.6, if the Actuarial Value of a Participant's vested Accrued Benefit is zero, the Participant shall be deemed to have received a distribution of such vested Accrued Benefit.
Appears in 10 contracts
Samples: Adoption Agreement Dreyfus Standardized (Dreyfus Growth Opportunity Fund Inc), Adoption Agreement Dreyfus Standardized (Dreyfus Lifetime Portfolios Inc), Adoption Agreement Dreyfus Standardized (Premier Strategic Growth Fund)
