Common use of Involuntary Cashouts Clause in Contracts

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 3 contracts

Samples: Adoption Agreement (IHS Markit Ltd.), Adoption Agreement (Vmware, Inc.), Adoption Agreement (Vmware, Inc.)

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Involuntary Cashouts. x o If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 $ (insert dollar amount) distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ þ There are no involuntary cashouts.

Appears in 2 contracts

Samples: Salaried Retirement Equalization Savings Program (Delphi Corp), Salaried Retirement Equalization Savings Program (Delphi Corp)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 $ distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 2 contracts

Samples: Adoption Agreement (Cbre Group, Inc.), Adoption Agreement (Cbre Group, Inc.)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 10,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 2 contracts

Samples: Adoption Agreement (Markel Corp), Adoption Agreement (BMC Software Inc)

Involuntary Cashouts. x þ If the Participant’s vested Account and any Other Accounts at the time of his Separation from Service does not exceed $50,000 15,000, then distribution of the vested Account and the Other Accounts shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ o There are no involuntary cashouts.

Appears in 2 contracts

Samples: Adoption Agreement (Juniper Networks Inc), Adoption Agreement (Juniper Networks Inc)

Involuntary Cashouts. x ¨ If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 $ distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ x There are no involuntary cashouts, except as provided in Section 9.9(c) of the Plan.

Appears in 1 contract

Samples: Adoption Agreement (Lsi Corp)

Involuntary Cashouts. x ¨ If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 $ distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ x There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (BSB Bancorp, Inc.)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 , distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 1 contract

Samples: Executive Deferred Compensation Plan (Marathon Petroleum Corp)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 $ distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashoutscashouts other than those permitted under Section 9.9 of the Plan.

Appears in 1 contract

Samples: Adoption Agreement (Kennametal Inc)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 20,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 1 contract

Samples: Deferred Compensation Plan (Del Monte Foods Co)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 $ distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (Us Concrete Inc)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 the dollar amount of the IRC 402(g) limit in effect for the year of the Participant’s Separation from Service, distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ o There are no involuntary cashouts.

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan (Amylin Pharmaceuticals Inc)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 30,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ o There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (Enable Midstream Partners, LP)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 50,000, distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan Adoption Agreement (Vmware, Inc.)

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Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ X There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (CSG Systems International Inc)

Involuntary Cashouts. x X If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ __ There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (IHS Inc.)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 ______ distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ X There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (Western Refining, Inc.)

Involuntary Cashouts. x þ If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 10,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ o There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (Shaw Group Inc)

Involuntary Cashouts. x If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 15,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ o There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (Valspar Corp)

Involuntary Cashouts. x If the Participant’s 's vested Account at the time of his Separation from Service does not exceed $50,000 30,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (Enable Midstream Partners, LP)

Involuntary Cashouts. x o If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ o There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (Kapstone Paper & Packaging Corp)

Involuntary Cashouts. x þ If the Participant’s vested Account at the time of his Separation from Service does not exceed $50,000 distribution of the vested Account shall automatically be made in the form of a single lump sum in accordance with Section 9.5 of the Plan. ¨ There are no involuntary cashouts.

Appears in 1 contract

Samples: Adoption Agreement (Vmware, Inc.)

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