Common use of Manner of Distribution Clause in Contracts

Manner of Distribution. I hereby elect to have my Account distributed in the following manner: [ ] in a single lump sum. [ ] in substantially equal annual installments over a period of ___ years (not to exceed 10 years from the date that payments commence).

Manner of Distribution. I hereby elect to have my Account distributed in the following manner: [ ] |_| in a single lump sum. [ ] |_| in substantially equal annual installments over a period of ___ years (not to exceed 10 years from the date that payments commencefollowing termination of my Continuous Service).