Common use of Mandatory Distribution Clause in Contracts

Mandatory Distribution. The Plan will make a Mandatory Distribution following Severance from Employment to the extent permitted by the Investment Arrangement Documentation. Amount limit. The Mandatory Distribution maximum amount is equal to (Choose a., b., or c.; Choose d. if applicable): a. [ ] $5,000.

Mandatory Distribution. The Plan will make a Mandatory Distribution following Severance from Employment to the extent permitted by the Investment Arrangement Documentation. Amount limit. The Mandatory Distribution maximum amount is equal to (Choose a., b., b. or c.; Choose d. if applicable): a. [ ] $5,000.

Mandatory Distribution. The Plan will make a Mandatory Distribution following Severance from Employment to the extent permitted by the Investment Arrangement DocumentationDocumentation and the Participant's Accumulated Benefit does not exceed the Mandatory Distribution amount. Amount limit. The Mandatory Distribution maximum amount is equal to (Choose a., b., b. or c.; Choose d. if applicable): a. [ ] $5,000.