Common use of Limits on Distribution Periods Clause in Contracts

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant, (b) the life of the Participant and a Designated Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 6 contracts

Samples: Defined Contribution Plan, Defined Contribution Plan (1st Constitution Bancorp), Defined Contribution Plan (Savannah Bancorp Inc)

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Limits on Distribution Periods. As of the First first Distribution Calendar Year, distributions, if distributions not made in a single sum, sum may only be made only over one or a combination of the following periods (or a combination thereof):periods: (a) the life of the Participant, (b) the life of the Participant and a his Designated Beneficiary, (c) a period certain not extending beyond the life expectancy Life Expectancy of the Participant, or (d) a period certain not extending beyond the joint Joint and last survivor life expectancy Last Survivor Expectancy of the Participant and a his Designated Beneficiary.

Appears in 4 contracts

Samples: 401(k) and Profit Sharing Plan Agreement (Earthlink Inc), 401(k) and Profit Sharing Plan Agreement (Ico Inc), 401(k) and Profit Sharing Plan Agreement (American Science & Engineering Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, distributions if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant, (b) the life of the Participant and a Designated Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participantparticipant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiarydesignated beneficiary.

Appears in 4 contracts

Samples: 401(k) Plan Document (East West Bancorp Inc), Adoption Agreement (Shared Technologies Cellular Inc), Non Standardized Adoption Agreement (Princeton Review Inc)

Limits on Distribution Periods. As of the First first Distribution Calendar Year, distributionsdistributions to a Participant, if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (aA) the The life of the Participant, (bB) the life The joint lives of the Participant and a Designated Beneficiary, (cC) a A period certain not extending beyond the life expectancy of the Participant, or (dD) a A period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 3 contracts

Samples: Individual 401(k) Plan Purchase Agreement, Employer Sponsored Plan Account Agreement, Employer Sponsored Plan Account Agreement

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant, (b) the life of the Participant and a Designated their Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated their Beneficiary.

Appears in 3 contracts

Samples: Defined Contribution Plan (United Community Bancorp), 401(k) Defined Contribution Plan (Measurement Specialties Inc), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

Limits on Distribution Periods. As of the First first Distribution Calendar Year, distributions, distributions (if not made in a single sum, ) may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant, (b) the life of the Participant and a Designated Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 3 contracts

Samples: 401(k) Adoption Agreement (Oshkosh B Gosh Inc), Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc), Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) 1. the life of the Participant, (b) 2. the life of the Participant and a Designated designated Beneficiary, (c) 3. a period certain not extending beyond the life expectancy of the Participant, or (d) 4. a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated designated Beneficiary.

Appears in 3 contracts

Samples: 457(b) Plan Document, Defined Contribution Plan Document (Janus Investment Fund), Basic Plan Document (Edelbrock Corp)

Limits on Distribution Periods. As of the First first Distribution Calendar Year, distributionsdistributions to a Member, if not made in a single sum, may only be made over one of the following periods (or a combination thereof):periods: (a) the life of the Participant,Member (b) the life joint lives of the Participant Member and a Designated designated Beneficiary, (c) a period certain not extending beyond the life expectancy Life Expectancy of the ParticipantMember, or (d) a period certain not extending beyond the joint life and last survivor life expectancy of the Participant Member and a Designated designated Beneficiary.

Appears in 3 contracts

Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/), Adoption Agreement (Cape Bancorp, Inc.), Adoption Agreement (First Savings Financial Group Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) 1. the life of the Participant, (b) 2. the life of the Participant and a Designated designated Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 3 contracts

Samples: Tax Sheltered Custodial Account Agreement (New England Funds Trust I), Qualified Retirement Plan (Teardrop Golf Co), 401(k) Profit Sharing Plan Adoption Agreement (Antigenics Inc /De/)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributionsdistributions to a Member, if not made in a single sum, may only be made over one of the following periods (or a combination thereof):periods: (a) the life of the Participant,Member (b) the life joint lives of the Participant Member and a Designated Beneficiary,designated beneficiary (c) a period certain not extending beyond the life expectancy of the ParticipantMember, or (d) a period certain not extending beyond the joint life and last survivor life expectancy of the Participant Member and a Designated Beneficiarydesignated beneficiary.

Appears in 3 contracts

Samples: Adoption Agreement (Northeast Community Bancorp Inc), Adoption Agreement (Sugar Creek Financial Corp), Adoption Agreement (Newport Bancorp Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) ): the life of the Participant, (b) , the life of the Participant and a Designated Beneficiary, (c) , a period certain not extending beyond the life expectancy of the Participant, or (d) or a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 2 contracts

Samples: Defined Contribution Plan (ASB Bancorp Inc), Defined Contribution Plan (Fraternity Community Bancorp Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributionsdistributions to a Participant, if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof):periods: (ai) the life of the Participant, (bii) the life joint lives of the Participant and a Designated designated Beneficiary, (ciii) a period certain not extending beyond the life expectancy of the Participant, or (div) a period certain not extending beyond the joint life and last survivor life sur- vivor expectancy of the Participant and a Designated designated Beneficiary.

Appears in 2 contracts

Samples: Retirement Plan Agreement, Retirement Plan Agreement

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, distributions if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant, (b) the life of the Participant and a Designated Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participantparticipant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 2 contracts

Samples: 401(k) Plan Document (Berkshire Hills Bancorp Inc), Defined Contribution Plan and Trust (First Keystone Corp)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, distributions if not made in a single sum, single-sum may only be made over one of the following periods (or a combination thereof): (aA) the The life of the Participant, (bB) the The life of the Participant and a Designated Beneficiary, (cC) a A period certain not extending beyond the life expectancy of the Participantparticipant, or (dD) a A period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiarydesignated beneficiary.

Appears in 1 contract

Samples: Adoption Agreement (Oregon Trail Financial Corp)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributions, if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant, ; (b) the life of the Participant and a Designated Beneficiary, designated beneficiary; (c) a period certain not extending beyond the life expectancy of the Participant, or ; or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiarydesignated beneficiary.

Appears in 1 contract

Samples: Plan and Trust Agreement (St Joseph Capital Corp)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributions, if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (a) the The life of the Participant,; (b) the The life of the Participant and a Designated designated Beneficiary, ; (c) a A period certain not extending beyond the life expectancy of the Participant, or or (d) a A period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated designated Beneficiary.

Appears in 1 contract

Samples: Regional Prototype Profit Sharing Plan and Trust/Custodial Account Nonstandard Plan Adoption Agreement (Greater Bay Bancorp)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) 1. the life of the Participant, (b) 2. the life of the Participant and a Designated Beneficiary, (c) 3. a period certain not extending beyond the life expectancy of the Participant, or (d) 4. a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 1 contract

Samples: Defined Contribution Plan (Wellesley Bancorp, Inc.)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributions, if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (a1) the The life of the Participant, (b2) the The life of the Participant and a Designated designated Beneficiary, , (c3) a A period certain not extending beyond the life expectancy of the Participant, or or (d4) a A period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated designated Beneficiary.

Appears in 1 contract

Samples: Tax Sheltered Custodial Account Agreement (New England Funds Trust I)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributions, if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (a1) the life of the Participant, (b2) the life of the Participant and a Designated designated Beneficiary, (c3) a period certain not extending beyond the life expectancy of the Participant, or (d4) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated designated Beneficiary.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Priority Healthcare Corp)

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Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributions, if not made in a single sum, may only be made over one (or a combination) of the following periods (or a combination thereof):periods: (a) the 1. The life of the Participant,; (b) the 2. The life of the Participant and a Designated his or her Beneficiary,; 3. A specified period not longer than the "Life Expectancy" (cas defined in Section 6.07('P)(3)) a period certain not extending beyond the life expectancy of the Participant, ; or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 1 contract

Samples: 401(k) Profit Sharing Adoption Agreement (Kevco Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, distribu- tions if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant, (b) the life of the Participant and a Designated Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participantparticipant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiarydesignated beneficiary.

Appears in 1 contract

Samples: 401(k) Plan Document (Inventa Technologies Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributionsDistributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof):periods: (a1) the life of the Participant, ; (b2) the life lives of the Participant and his spouse if payments are to be made to the spouse, otherwise his designated Beneficiary; (3) a Designated Beneficiary, period certain not extending beyond the Participant's life expectancy; or (c4) a period certain not extending beyond the life expectancy of the Participant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated his spouse if applicable, otherwise his designated Beneficiary.

Appears in 1 contract

Samples: Employee Investment Opportunity Plan (Richfood Holdings Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Yearfirst distribution calendar year, distributions, if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (ai) the life of the Participant, (bii) the life of the Participant and a Designated designated Beneficiary, (ciii) a period certain not extending beyond the life expectancy of the Participant, or (div) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated designated Beneficiary.

Appears in 1 contract

Samples: Adoption Agreement (First Bancorp /Pr/)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, distributions if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant, (b) the life of the Participant and a Designated Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participantparticipant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 1 contract

Samples: Profit Sharing Plan (First Keystone Corp)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) ): the life of the Participant, (b) , the life of the Participant and a Designated their Beneficiary, (c) a period certain not extending beyond the life expectancy of the Participant, or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 1 contract

Samples: Defined Contribution Plan (Century Bancorp Inc)

Limits on Distribution Periods. As of the First Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) ): the life of the Participant, (b) , the life of the Participant and a Designated their Beneficiary, (c) , a period certain not extending beyond the life expectancy of the Participant, or (d) or a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated their Beneficiary.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

Limits on Distribution Periods. As of the First first Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a) 1. the life of the Participant, (b) 2. the life of the Participant and a Designated designated Beneficiary, (c) 3. a period certain not extending beyond the life expectancy Life Expectancy of the Participant, or (d) 4. a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated designated Beneficiary.

Appears in 1 contract

Samples: Retirement Plan Document (Merchants & Manufacturers Bancorporation Inc)

Limits on Distribution Periods. As of the First first Distribution Calendar Year, distributions, if not made in a single single-sum, may only be made over one of the following periods (or a combination thereof): (ai) the The life of the Participant, (bii) the The joint lives life of the Participant and a Designated Beneficiary, (ciii) a A period certain not extending beyond the life expectancy Life Expectancy of the Participant, or (div) a A period certain not extending beyond the joint life and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 1 contract

Samples: Profit Sharing Plan Adoption Agreement (Southern National Bancorp of Virginia Inc)

Limits on Distribution Periods. As of the First first Distribution Calendar Year, distributions, if not made in a single sum, may only be made over one of the following periods (or a combination thereof): (a1) the life of the ParticipantMember, (b2) the life of the Participant Member and a Designated Beneficiary, (c3) a period certain not extending beyond the life expectancy Life Expectancy of the ParticipantMember, or (d4) a period certain not extending beyond the joint Joint and last survivor life expectancy Last Survivor Expectancy of the Participant Member and a Designated Beneficiary.

Appears in 1 contract

Samples: Prototype Plan Amendment (Maic Holdings Inc)

Limits on Distribution Periods. As of the First first Distribution Calendar Year, distributions, if not made in a single sumone lump-sum payment, may only be made over one of the following periods (or a combination thereof): (a) the life of the Participant,; or (b) the life of the Participant and a Designated Beneficiary,; or (c) a period certain not extending beyond the life expectancy Life Expectancy of the Participant, ; or (d) a period certain not extending beyond the joint and last survivor life expectancy of the Participant and a Designated Beneficiary.

Appears in 1 contract

Samples: 401(k) Salary Reduction Adoption Agreement (PCB Holding Co)

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