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Common use of No Designated Beneficiary Clause in Contracts

No Designated Beneficiary. 5-year rule." If there is no Designated Beneficiary as of September 30 of the year following the calendar year of the Participant's death, the Participant's entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's death.

Appears in 3 contracts

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

No Designated Beneficiary. 5-year rule." If there is no Designated designated Beneficiary as of September 30 of the year following the calendar year of the Participant's death, the Participant's entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's death.

Appears in 2 contracts

Samples: Adoption Agreement for Eligible Governmental 457 Plan, Adoption Agreement for Eligible Governmental 457 Plan

No Designated Beneficiary. 5-year rule." If there is no Designated Beneficiary as of September 30 of the year following the calendar year of the Participant's death, the ParticipantBeneficiary's entire interest will be distributed by December 31 of under the calendar year containing the fifth anniversary of the Participant's death5-Year Rule.

Appears in 2 contracts

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), Adoption Agreement for Solo 401(k)

No Designated Beneficiary. 5-year rule." If there is no Designated Beneficiary as of the date of the Participant’s death who remains a Beneficiary as of September 30 of the year immediately following the calendar year of the Participant's ’s death, the Participant's ’s entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's ’s death.

Appears in 2 contracts

Samples: Governmental Nonstandardized Defined Contribution Plan, Governmental 457(b) Plan Basic Plan Document

No Designated Beneficiary. 5-year rule." If there is no Designated Beneficiary as of September 30 of the year following the calendar year of the Participant's ’s death, then the Participant's ’s entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's ’s death.

Appears in 2 contracts

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

No Designated Beneficiary. 5-year rule." If there is no Designated Beneficiary as of September 30 of the year following the calendar year of the Participant's ’s death, the Participant's ’s entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's ’s death.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)

No Designated Beneficiary. 5-year rule." If there is no Designated Beneficiary as of September 30 of the year following the calendar year of the Participant's ’s death, then distributions of the Participant's ’s entire interest will must be distributed completed by December 31 of the calendar year containing that contains the fifth anniversary of the Participant's ’s death.

Appears in 1 contract

Samples: Trust Agreement

No Designated Beneficiary. 5-year rule." If there is no Designated Beneficiary as of September 30 of the year following the calendar year of the Participant's ’s death, the Participant's ’s entire interest will shall be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's ’s death.

Appears in 1 contract

Samples: Retirement Plan and Trust Agreement

No Designated Beneficiary. 5-year rule." If the Participant dies or is presumed deceased on or after the date distributions begin and there is no Designated Beneficiary as of September 30 of the year following after the calendar year of the Participant's ’s death or presumed death, the Participant's ’s entire interest will be distributed by December 31 of the calendar year containing the fifth (5th) anniversary of the Participant's ’s death.

Appears in 1 contract

Samples: Deferred Compensation Plan and Trust Agreement

No Designated Beneficiary. 5-year rule." If there is no Designated designated Beneficiary as of September 30 of the year following the calendar year of the Participant's ’s death, the Participant's ’s entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's ’s death.

Appears in 1 contract

Samples: Eligible 457 Prototype Plan and Trust Agreement

No Designated Beneficiary. 5-year 5‑year rule." If there is no Designated Beneficiary as of September 30 of the year following the calendar year of the Participant's death, the Participant's entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's death.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

No Designated Beneficiary. 5-year rule." If there is no Designated Beneficiary as of September 30 of the year following the calendar year of the Participant's ’s death or presumed death, the Participant's ’s entire interest will be distributed by December 31 of the calendar year containing the fifth (5th) anniversary of the Participant's ’s death.

Appears in 1 contract

Samples: Deferred Compensation Plan and Trust Agreement