Common use of Minimum Required Distributions Clause in Contracts

Minimum Required Distributions. Monitor and process minimum required distribution (“MRD”) amounts as follows: the Trustee shall notify the MRD Participant and, upon notification from the MRD Participant, shall use the MRD Participant’s information to process their distribution. If the MRD Participant has terminated employment and does not respond to the Trustee’s notification, the Sponsor hereby directs the Trustee to automatically begin the required distribution for the MRD Participant.

Minimum Required Distributions. Monitor and process minimum required distribution (“MRD”) amounts as follows: the Trustee shall notify the MRD Participant and, upon notification from the MRD Participant, shall use the MRD Participant’s information to process their distribution. If the MRD Participant has terminated employment and does not respond to the Trustee’s notification, the Sponsor hereby directs the Trustee to automatically begin the required distribution for the MRD Participant. In the case of any other MRD Participant who does not respond to the Trustee’s notification, the Trustee shall not proceed with the distribution.

Minimum Required Distributions. Monitor and process minimum required distribution (“MRD”) amounts as follows: the Trustee shall will notify the MRD Participant and, upon notification from the MRD Participant, shall will use the MRD Participant’s information to process their distributiondistributions. If the MRD Participant has terminated employment and does not respond to the Trustee’s notification, the Sponsor hereby directs the Trustee to automatically begin the required distribution distributions for the MRD Participant.

Minimum Required Distributions. Monitor monitor and process minimum required distribution (“"MRD”") amounts as follows: the Trustee shall notify the MRD Participant and, upon notification from the MRD Participant, shall use the MRD Participant’s 's information to process their distribution. If the MRD Participant has terminated employment and does not respond to the Trustee’s 's notification, the Sponsor hereby directs the Trustee to automatically begin the required distribution for the MRD Participant.