Common use of No Method Selected Clause in Contracts

No Method Selected. If the safe harbor rules of section 10.5 apply to a distribution, but the Participant or the Participant's Spouse or Beneficiary fails to specify the method of distribution, then any distribution made to such Participant, Spouse or Beneficiary shall be made in a single sum.

Appears in 3 contracts

Samples: Oshkosh B Gosh Inc, Oshkosh B Gosh Inc, Oshkosh B Gosh Inc

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No Method Selected. If the safe harbor rules of section 10.5 (S)10.5 apply to a distribution, but the Participant or the Participant's Spouse or of Beneficiary fails to specify the method of distribution, then any distribution made to such Participant, Spouse or Beneficiary shall be made in a single sum.

Appears in 1 contract

Samples: Community First Banking Co

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