Common use of Participant Deferral and Employer Credits Clause in Contracts

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x Single lump sum payment. x Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ___ years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ Distributed annually when vested. ¨ (b) No in-service distributions permitted.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x XX Single lump sum payment. x XX Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ___ 10 years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ Forfeited Distributed annually when vested. ¨ (b) No in-service distributions permitted.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x ☒ Single lump sum payment. x ☒ Annual installment payments installments over no more than 5 years. ¨ Monthly installment payments over no more than ___ a term certain not to exceed 10 years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ Distributed annually when vested. ¨ (b) No in-service distributions permittedpayments are distributed will be distributed at Separation from Service if vested at that time.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x Single lump sum payment. x Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ___ yearsthan______years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ Forfeited Distributed annually when vested. ¨ vested XX (b) No in-service distributions permitted.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x XX Single lump sum payment. x XX Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ___ 20 years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ Forfeited Distributed annually when vested. ¨ (b) No in-service distributions permitted.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x XX Single lump sum payment. x ____ Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ____ years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ ____ Forfeited ____ Distributed annually when vested. ¨ (b) No in-service distributions permitted.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x XX Single lump sum payment. x ___ XX Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ___ _6_ years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ ___ Forfeited ___ Distributed annually when vested. ¨ (b) No in-service distributions permitted.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x XX Single lump sum payment. x XX Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ___ years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ __ Forfeited __ Distributed annually when vested. ¨ vested __ (b) No in-service distributions permitted.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x XX Single lump sum payment. x Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ___ years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ Forfeited Distributed annually when vested. ¨ (b) No in-service distributions permitted.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x ☒ Single lump sum payment. x ☒ Annual installment payments installments over no more than a term certain not to exceed 5 years. ¨ Monthly installment payments over no more than ___ years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ Distributed annually when vested. ¨ (b) No in-service distributions permittedpayments are distributed will be distributed at Separation from Service if vested at that time.

Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: x o Single lump sum payment. x o Annual installment payments over no more than 5 years. ¨ Monthly installment payments over no more than ___ years. If applicable, amounts not vested at the specified time of distribution will be: ¨ Forfeited. ¨ o Forfeited o Distributed annually when vested. ¨ vested þ (b) No in-service distributions permitted.