Common use of Nontransferable Annuity Clause in Contracts

Nontransferable Annuity. If the Participant receives distribution in the form of a Nontransferable Annuity, the distribution satisfies this Section 6.02(C) if the contract complies with the requirements of Code §401(a)(9).

Appears in 3 contracts

Samples: 401(k) Plan Adoption Agreement (Petco Animal Supplies Inc), Defined Contribution Prototype Plan (Trimeris Inc), Defined Contribution Prototype Plan (MSC Software Corp)

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Nontransferable Annuity. If the Participant receives distribution in the form of a Nontransferable Annuity, the distribution satisfies this Section 6.02(C) if the contract complies with the requirements of Code §401(a)(9ss.401(a)(9).

Appears in 2 contracts

Samples: Adoption Agreement (CRH Public LTD Co), Adoption Agreement (Bank of Granite Corp)

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Nontransferable Annuity. If the Participant receives distribution in the form of a Nontransferable AnnuityAnnuity Contract, the distribution satisfies this Section 6.02(C6.02 (A) if the contract complies with the requirements of Code §401(a)(9)(S)401(a)(9) and the applicable Treasury regulations.

Appears in 1 contract

Samples: Voluntary Pension and Salary Deferral Plan and Trust Agreement (Flow International Corp)

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