Limitations on Death Benefits. Benefits payable under the Plan shall not be provided in any form that would cause a Participant’s or former Participant’s death benefit to be more than incidental. Any distribution required to satisfy the incidental benefit requirement shall be considered a required distribution for purposes of section 401(a)(9) of the Code.
Appears in 9 contracts
Samples: 401(k) Savings Plan Amendment (Quanex Corp), 401(k) Savings Plan Amendment (Quanex Corp), 401(k) Savings Plan Amendment (Quanex Corp)
Limitations on Death Benefits. Benefits payable under the Plan shall not be provided in any form that would cause a Participant’s or former Participant’s Member's death benefit to be more than incidental. Any distribution required to satisfy the incidental benefit requirement shall be considered a required distribution for purposes of section 401(a)(9) of the Code.
Appears in 4 contracts
Samples: 401(k) Savings Plan (Kaneb Services LLC), 401(k) Savings Plan Amendment and Restatement (Mens Wearhouse Inc), 401(k) Savings Plan Amendment and Restatement (Mens Wearhouse Inc)
Limitations on Death Benefits. Benefits payable under the Plan shall not be provided in any form that would cause a Participant’s or former Participant’s 's death benefit to be more than incidental. Any distribution required to satisfy the incidental benefit requirement shall be considered a required distribution for purposes of section 401(a)(9) of the Code.
Appears in 4 contracts
Samples: 401(k) Savings Plan Amendment and Restatement (Quanex Corp), Employee Savings Plan (Quanex Corp), Employee Savings Plan (Quanex Corp)
Limitations on Death Benefits. Benefits payable under the Plan shall not be provided in any form that would cause a Participant’s or former Participant’s Participant death benefit to be more than incidental. Any distribution required to satisfy the incidental benefit requirement shall be considered a required distribution for purposes of section 401(a)(9) of the Code.
Appears in 2 contracts
Samples: 401(k) Savings Investment Plan (Furmanite Corp), 401(k) Savings Investment Plan Amendment (Furmanite Corp)
Limitations on Death Benefits. Benefits payable under the Plan shall not be provided in any form that would cause a ParticipantMember’s or former ParticipantMember’s death benefit to be more than incidental. Any distribution required to satisfy the incidental benefit requirement shall be considered a required distribution for purposes of section 401(a)(9) of the Code.
Appears in 2 contracts
Samples: 401(k) Savings Plan (Mens Wearhouse Inc), Employee Stock Ownership Plan (Mens Wearhouse Inc)
Limitations on Death Benefits. Benefits payable under the Plan shall not be provided in any form that would cause a Participant’s 's or former Participant’s 's death benefit to be more than incidental. Any distribution required to satisfy the incidental benefit requirement shall be considered a required distribution for purposes of section 401(a)(9) of the Code.
Appears in 2 contracts
Samples: Hourly Bargaining Unit Employees Savings Plan (Quanex Corp), 401(k) Savings Plan Amendment and Restatement (Quanex Corp)
Limitations on Death Benefits. Benefits payable under the Plan shall not be provided in any form that would cause a Participant’s Member's or former Participant’s Member's death benefit to be more than incidental. Any distribution required to satisfy the incidental benefit requirement shall be considered a required distribution for purposes of section 401(a)(9) of the Code.
Appears in 1 contract
