Common use of Participant Deferral and Employer Credits Clause in Contracts

Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: Single lump sum payment. Annual installments over a term certain not to exceed years. If applicable, amounts not vested at the time payments due under this Section cease will be: Forfeited Distributed at Separation from Service if vested at that time

Appears in 3 contracts

Samples: Adoption Agreement (Mdu Resources Group Inc), Adoption Agreement (PostRock Energy Corp), Adoption Agreement (TGC Industries Inc)

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Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 years. If applicable, amounts not vested at the time payments due under this Section cease will be: Forfeited Distributed at Separation from Service if vested at that timetime (b) No In-Service or Education Distributions permitted.

Appears in 1 contract

Samples: Plan Adoption Agreement (Bridgepoint Education Inc)

Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: o Single lump sum payment. o Annual installments over a term certain not to exceed years. If applicable, amounts not vested at the time payments due under this Section cease will be: o Forfeited x Distributed at Separation from Service if vested at that timetime o (b) No In-Service or Education Distributions permitted.

Appears in 1 contract

Samples: Adoption Agreement (Isle of Capri Casinos Inc)

Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 years. If applicable, amounts not vested at the time payments due under this Section cease will be: Forfeited Distributed at Separation from Service if vested at that time

Appears in 1 contract

Samples: Adoption Agreement (Rentrak Corp)

Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: Single lump sum payment. XX Annual installments over a term certain not to exceed 6 years. If applicable, amounts not vested at the time payments due under this Section cease will be: Forfeited XX Forfeited. Distributed at Separation from Service if vested at that time.

Appears in 1 contract

Samples: Adoption Agreement (Semtech Corp)

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Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: o Single lump sum payment. þ Annual installments over a term certain not to exceed 6 years. If applicable, amounts not vested at the time payments due under this Section cease will be: Forfeited See Exhibit B o Forfeited. þ Distributed at Separation from Service if vested at that time. o (b) No In-Service or Education Distributions permitted.

Appears in 1 contract

Samples: Adoption Agreement (Gulfmark Offshore Inc)

Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 4 years. If applicable, amounts not vested at the time payments due under this Section cease will be: Forfeited Distributed at Separation from Service if vested at that time

Appears in 1 contract

Samples: Adoption Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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