In-Service or Education Distributions Sample Clauses

In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan:
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In-Service or Education Distributions. If the Employer designates in the Adoption Agreement that in-service or education distributions are permitted under the Plan, a Participant may designate in the Participation Agreement to have a specified amount credited to the Participant’s In-Service or Education Account for in-service or education distributions at the date specified by the Participant. In no event may an in-service or education distribution of an amount be made before the date that is two years after the first day of the year in which such amount was credited to the In-Service or Education Account. Notwithstanding the foregoing, if a Participant incurs a Qualifying Distribution Event prior to the date on which the entire balance in the In-Service or Education Account has been distributed, then the balance in the In-Service or Education Account on the date of the Qualifying Distribution Event shall be paid as provided under Section 7.1 for payments on such Qualifying Distribution Event.
In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan: o (a) In-Service Accounts are allowed with respect to: o Participant Deferral Credits only. o Employer Credits only.
In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan: XX (a) In-Service Accounts are allowed with respect to:
In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan: X (a) In-Service Accounts are allowed with respect to: X Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: X Single lump sum payment. X Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: X Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: X Single lump sum payment. X Annual installments over a term certain not to exceed 5 years. If applicable, amounts not vested at the time payments due under this Section cease will be: __ Forfeited __ Distributed at Separation from Service if vested at that time __ (b) No In-Service or Education Distributions permitted.
In-Service or Education Distributions. If applicable, amounts not vested at the time payments due under this Section cease will be distributed annually when vested. EXHIBIT D

Related to In-Service or Education Distributions

  • In-Service Distributions [X] (1) In-service distributions may be made from any of the Participant's vested Accounts, at any time upon or after the occurrence of the following events (select all applicable): [X] (a) a Participant's attainment of age 59-1/2. [X] (b) due to hardships as defined in Section 5.9 of the Plan. [ ] (2) In-service distributions are not permitted.

  • Distributions, Etc Upon the dissolution, winding up, liquidation or reorganization of the Tenant, whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Tenant, if any sum shall be paid or any property shall be distributed upon or with respect to any of the Pledged Collateral, such sum shall be paid over to the Secured Parties, to be held as collateral security for the Secured Obligations. If any dividend shall be declared on any of the Pledged Collateral (excluding cash dividends), or any share of beneficial interest or fraction thereof shall be issued pursuant to any split of beneficial interests involving any of the Pledged Collateral, or any distribution of capital shall be made on any of the Pledged Collateral, or any property shall be distributed upon or with respect to the Pledged Collateral pursuant to recapitalization or reclassification of the capital of the Tenant, the shares or other property so distributed shall be delivered to the Secured Parties to be held as collateral security for the Secured Obligations.

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