Common use of Modification of Normal Retirement Age Clause in Contracts

Modification of Normal Retirement Age. Section 2.12 of the Amendment regarding the definition of Normal Retirement Age is adopted effective , subject to the following provisions: (a) Normal Retirement Age Amended in Plan or this Amendment. Under Section 2.12(a) of the Amendment, the definition of Normal Retirement Age is amended as of the effective date above to be: ¨ The definition selected in the Adoption Agreement. ¨ Age (max. 65) ¨ Or the (maximum. 5th) anniversary of becoming a Participant in the Plan, if later. ¨ Or the date the Participant is credited with at least Years of Service/Periods of Service, if later, but in no event later than the later of Age 65 or the 5th anniversary of becoming a Participant. ¨ Or , but in no event later than the later of Age 65 or the 5th anniversary of becoming a Participant in the Plan. (b) ¨ Plan Provisions for Code §411(a)(10) and/or Code §411(d)(6)

Appears in 2 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc), 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)

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Modification of Normal Retirement Age. Section 2.12 of the Amendment regarding the definition of Normal Retirement Age is adopted effective , subject to the following provisions: (a) Normal Retirement Age Amended in Plan or this Amendment. Under Section 2.12(a) of the Amendment, the definition of Normal Retirement Age is amended as of the effective date above to be: ¨ The definition selected in the Adoption Agreement. ¨ Age (max. 65) ¨ Or the (maximummax. 5th) anniversary of becoming a Participant in the Plan, if later. ¨ Or the date the Participant is credited with at least Years of Service/Periods of Service, if later, but in no event later than the later of Age 65 or the 5th anniversary of becoming a Participant. ¨ Or , but in no event later than the later of Age 65 or the 5th anniversary of becoming a Participant in the Plan. (b) ¨ Plan Provisions for Code §411(a)(10) and/or Code §411(d)(6)

Appears in 1 contract

Samples: 401(k) Adoption Agreement (Pacific Capital Bancorp /Ca/)

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Modification of Normal Retirement Age. Section 2.12 of the Amendment regarding the definition of Normal Retirement Age is adopted effective , subject to the following provisions: (a) Normal Retirement Age Amended in Plan or this Amendment. Under Section 2.12(a) of the Amendment, the definition of Normal Retirement Age is amended as of the effective date above to be: ¨ o The definition selected in the Adoption Agreement. ¨ o Age _____ (max. 65) ¨ o Or the _____ (maximum. 5th) anniversary of becoming a Participant in the Plan, if later. ¨ o Or the date the Participant is credited with at least _______Years of Service/Periods of Service, if later, but in no event later than the later of Age 65 or the 5th anniversary of becoming a Participant. ¨ o Or , but in no event later than the later of Age 65 or the 5th anniversary of becoming a Participant in the Plan. (b) ¨ o Plan Provisions for Code §411(a)(10) and/or Code §411(d)(6)

Appears in 1 contract

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)

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