Nonforfeiture. If your employment with the Company is terminated prior to the Retention Date either (i) by the Company without Cause, or (ii) by reason of Disability or death, you (or your estate or beneficiaries, as applicable) shall remain eligible to receive any scheduled Installment Payment after such termination date on the scheduled payment date. If any of the foregoing terminations occur, any previously paid Installment Payments will not be subject to the clawback provision in Section 3 above.
Nonforfeiture. Accrued benefits cannot be forfeited. However, if benefits would have been changed had the employee not taken leave, the change can take effect.
Nonforfeiture. A Participant shall have a nonforfeitable right to his Participant's Individual Account at all times.
Nonforfeiture. Any violation of these restrictions shall not result in a forfeiture or reversion of title to any real property.
Nonforfeiture. Your interest in the balance in this custodial Account is not subject to forfeiture and will roll over to the next year, less any liabilities owed to the Health Plan.
Nonforfeiture. The Depositor's interest in the balance in the custodial account shall at all times be nonforfeitable.
Nonforfeiture. If your employment with the Company is terminated without Cause, by you for Good Reason, or by reason of your Disability or death, you shall remain eligible to receive payments of Incentive Compensation for the IC Period, subject to Section 5 of this Agreement.
Nonforfeiture. A Participant shall have a nonforfeitable right to the portion of his Participant Account derived solely from Salary Reduction Contributions. [LOANS A Participant may request a loan from his Participant Account. Loans made from a Participant's Account may not be available in all states or may be subject to restrictions. A Participant may not elect the systematic withdrawal option described in this Rider if he has a loan outstanding from the Contract. A Participant must pay back the loan according to the payment schedule set by the terms of a loan agreement. The loan agreement describes the terms, conditions, any fees or charges of the loan. The Distribution Value of a Participant's Account for any day shall be reduced by the value for that day of any outstanding loan (the principal balance outstanding plus accrued interest) made from the Participant's Account.] Signed for the Hartford Life Insurance Company by: /s/ Xxxxxxxxx Xxxxx Xxxxxx, Secretary /s/ Xxxxxx X. Xxxxx, President Xxxxxxxxx Xxxxx Xxxxxx, Secretary Xxxxxx X. Xxxxx, President [Hartford Life Logo] GROUP VARIABLE ANNUITY CONTRACT PARTICIPATION CERTIFICATE HARTFORD LIFE INSURANCE COMPANY (A STOCK INSURANCE COMPANY) P. O. BOX 1583 HARTFORD, CONNECTICUT 06104-1583 TELEPHONE: 0.000.000.0000 PLEASE READ THIS CERTIFICATE CAREFULLY. This certificate provides a summary of the section 403(b) tax-sheltered group annuity contract issued by Hartford Life Insurance Company. This certificate in no way voids or alters any of the terms of the group annuity contract. Participant's Name [Xxxx Xxx] Contract Number [GC-00000] Certificate Issue Date [January 1, 2001] Contract Owner [ABC School] --------- --------- Secretary President This certificate replaces any other certificate previously issued to you under the Contract. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON THE INVESTMENT EXPERIENCE OF A SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO A FIXED INCOME DOLLAR AMOUNT. DETAILS OF THE VARIABLE PROVISIONS ARE DESCRIBED HEREIN. TABLE OF CONTENTS Page SECTION 1 Your Participant Account 3 SECTION 2 Investment Options 3 SECTION 3 Interest and Earnings 3 SECTION 4 When Payments May Begin 4 SECTION 5 Minimum Required Distributions 4 SECTION 6 Death Benefits 5 SECTION 7 Transfers to Another Program 6 SECTION 8 Payment Options 6 SECTION 9 Charges and Expenses 8 SECTION 10 Limitations on Payments 10 Transfers From General Account SECTION 11 General Provisions 10 SECTION 12 Definitions 11 ...
Nonforfeiture. Any violation of these restrictions shall not result in a forfeiture or reversion of title to any lot in the Subdivision.
Nonforfeiture. If your employment with Azure is terminated by Azure (i) without Cause or (ii) by reason of Disability or death, in each case, prior to the Azure Vesting Date, your Azure Retention Bonus will no longer be subject to the clawback provision in Section 2 above. If your employment with AME is terminated by AME (i) without Cause or (ii) by reason of Disability or death, in each case, prior to one or more AME Vesting Dates, you (or your estate or beneficiaries, as applicable) shall remain eligible to receive any scheduled Installment Payment after such termination event on the scheduled payment date, and such Installment Payments will not be subject to the forfeiture provision in Section 3 above.
