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)

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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)

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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

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