In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan: (a) In-Service Accounts are allowed with respect to: XX Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: XX Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX Single lump sum payment. XX 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.
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Samples: Adoption Agreement (United Fire Group Inc), Adoption Agreement (Paperweight Development Corp), Adoption Agreement (Paperweight Development Corp)
In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan:
(a) In-Service Accounts are allowed with respect to: XX Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: XX __ Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX __ Single lump sum payment. XX payment __ 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 __ time
(b) No In-Service or Education Distributions permitted.
Appears in 1 contract
Samples: Executive Nonqualified Excess Plan Adoption Agreement (Webster Financial Corp)
In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan:
(a) In-Service Accounts are allowed with respect to: XX __ Participant Deferral Credits only. __ XX Employer Credits only. __ Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: XX __ Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX __ Single lump sum payment. XX __ 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 __ time
(b) No In-Service or Education Distributions permitted.
Appears in 1 contract
In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan:
(a) In-Service Accounts are allowed with respect to: XX Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: XX __ Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX __ Single lump sum payment. XX __ 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 Forfeited. __ Distributed at Separation from Service if vested at that time __ time.
(b) No In-Service or Education Distributions permitted.
Appears in 1 contract
In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan:
(a) In-Service Accounts are allowed with respect to: XX Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: XX __ Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX __ Single lump sum payment. XX __ 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.
Appears in 1 contract
Samples: Deferred Compensation Plan (Mdu Resources Group Inc)
In-Service or Education Distributions. In-Service and Education Accounts are permitted under the Plan:
(a) In-Service Accounts are allowed with respect to: XX Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: XX Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX Single lump sum payment. XX 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 __ time
(b) No In-Service or Education Distributions permitted.
Appears in 1 contract
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: XX X Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX X Single lump sum payment. XX X Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: XX X Participant Deferral Credits only. __ Employer Credits only. __ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX X Single lump sum payment. XX 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.
Appears in 1 contract
Samples: Executive Nonqualified Excess Plan Adoption Agreement (Paperweight Development Corp)
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: XX Participant Deferral Credits only. (Effective 1/1/09) ___ Employer Credits only. __ XX Participant Deferral and Employer Credits. (Effective through 12/31/08) In-service distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 3 years. Education Accounts are allowed with respect to: XX ___ Participant Deferral Credits only. ___ Employer Credits only. ___ Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX ___ Single lump sum payment. XX ___ 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.time
Appears in 1 contract
Samples: Adoption Agreement (CHS/Community Health Systems, Inc.)