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Common use of In-Service Distributions Clause in Contracts

In-Service Distributions. In-Service Accounts are permitted under the Plan: ☒ (a) In-Service Accounts are allowed with respect to: ☒ Participant Deferral Credits only. ☐ Employer Credits only.

Appears in 2 contracts

Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (Horizon Bancorp Inc /In/), Adoption Agreement (Five Below, Inc)

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In-Service Distributions. In-Service Accounts are permitted under the Plan: ☒ : (a) In-Service Accounts are allowed with respect to: ☒ Participant Deferral Credits only. ☐ Employer Credits only.

Appears in 2 contracts

Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (Mercantile Bank Corp), Adoption Agreement (Sanfilippo John B & Son Inc)

In-Service Distributions. In-Service Accounts are permitted under the Plan: ☒ (a) In-Service Accounts are allowed with respect to: Participant Deferral Credits only. ☐ Employer Credits only.

Appears in 1 contract

Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (Usana Health Sciences Inc)

In-Service Distributions. In-Service Accounts service accounts are permitted under the Plan: ☒ : (a) In-Service Accounts are allowed Yes, with respect to: o Participant Deferral Credits only. o Employer Credits only.

Appears in 1 contract

Samples: Adoption Agreement (Sandridge Energy Inc)

In-Service Distributions. In-Service Accounts are permitted under the Plan: (a) In-Service Accounts are allowed with respect to: Participant Deferral Credits only. ☐ Employer Credits only.

Appears in 1 contract

Samples: Adoption Agreement (Meta Financial Group Inc)

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In-Service Distributions. In-Service Accounts service accounts are permitted under the Plan: ☒ : (a) In-Service Accounts are allowed Yes, with respect to: ___ Participant Deferral Credits only. ___ Employer Credits only.

Appears in 1 contract

Samples: Executive Nonqualified Excess Plan Adoption Agreement (QC Holdings, Inc.)

In-Service Distributions. In-Service Accounts service accounts are permitted under the Plan: ☒ : (a) In-Service Accounts are allowed Yes, with respect to: ☒ Participant XX Salary Deferral Credits only. Employer Credits only.

Appears in 1 contract

Samples: Adoption Agreement (Paperweight Development Corp)

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