Common use of FORM OF DISTRIBUTION TO BENEFICIARY Clause in Contracts

FORM OF DISTRIBUTION TO BENEFICIARY. A. Value of Individual Account Does Not Exceed $3,500 - If the value of the Participant's Individual Account derived from Nondeductible Employee Contributions and Employer Contributions does not exceed $3,500, the Plan Administrator shall direct the Trustee (or Custodian, if applicable) to make a distribution to the Beneficiary in a single lump sum in lieu of all other forms of distribution from the Plan.

Appears in 4 contracts

Samples: Qualified Retirement Plan and Trust Defined (Alaska Pacific Bancshares Inc), Qualified Retirement Plan and Trust (Camco Financial Corp), Qualified Retirement Plan (Teardrop Golf Co)

AutoNDA by SimpleDocs

FORM OF DISTRIBUTION TO BENEFICIARY. A. A-. Value of Individual Account Does Not Exceed $3,500 - If the value of the - Participant's Individual Account derived from Nondeductible Employee Contributions and Employer Contributions does not exceed $3,500, the Plan Administrator shall direct the Trustee (or Custodian, if applicable) to make a distribution to the Beneficiary in a single lump sum in lieu of all other forms of distribution from the Plan.

Appears in 2 contracts

Samples: Nabi /De/, Nabi /De/

FORM OF DISTRIBUTION TO BENEFICIARY. A. Value of Individual Account Does Not Exceed VALUE OF INDIVIDUAL ACCOUNT DOES NOT EXCEED $3,500 - If the value of the Participant's Individual Account derived from Nondeductible Employee Contributions and Employer Contributions does not exceed $3,500, the Plan Administrator shall direct the Trustee (or Custodian, if applicable) to make a distribution to the Beneficiary in a single lump sum in lieu of all other forms of distribution from the Plan.

Appears in 1 contract

Samples: Bradford Funds Inc

FORM OF DISTRIBUTION TO BENEFICIARY. A. Value of Individual Account Does Not Exceed $3,500 - If -If the value of the Participant's Individual Account derived from Nondeductible Employee Contributions and Employer Contributions does not exceed $3,500, the Plan Administrator shall direct the Trustee (or Custodian, if applicable) to make a distribution to the Beneficiary in a single lump sum in lieu of all other forms of distribution from the Plan.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Connecticut Water Service Inc / Ct)

AutoNDA by SimpleDocs

FORM OF DISTRIBUTION TO BENEFICIARY. A. Value of Individual Account Does Not Exceed $3,500 - 3,500- If the value of the Participant's Individual Account derived from Nondeductible Employee Contributions and Employer Contributions does not exceed $3,500, the Plan Administrator shall direct the Trustee (or Custodian, if applicable) to make a distribution to the Beneficiary in a single lump sum in lieu of all other forms of distribution from the Plan.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Edelbrock Corp)

FORM OF DISTRIBUTION TO BENEFICIARY. A. Value of Individual Account Does Not Exceed $3,500 - -- If the value of the Participant's Individual Account derived from Nondeductible Employee Contributions and Employer Contributions does not exceed $3,500, the Plan Administrator shall direct the Trustee (or Custodian, if applicable) to make a distribution to the Beneficiary in a single lump sum in lieu of all other forms of distribution from the Plan.

Appears in 1 contract

Samples: Janus Investment Fund

Time is Money Join Law Insider Premium to draft better contracts faster.