Participant Deferral and Employer Credits. In-service 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. Education Accounts are allowed with respect to: Participant Deferral Credits only. Employer Credits only. 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
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Samples: Executive Nonqualified Excess Plan Adoption Agreement (Cerus Corp), Plan Adoption Agreement (Federal Agricultural Mortgage Corp), Adoption Agreement (Quorum Health Corp)
Participant Deferral and Employer Credits. In-service 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. Education Accounts are allowed with respect to: Participant Deferral Credits only. __ Employer Credits only. __ 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
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Samples: Everus Construction (Everus Construction Group, Inc.)
Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX Single lump sum payment. XX Annual installments over a term certain not to exceed 5 6 years. Education Accounts are allowed with respect to: — Participant Deferral Credits only. — Employer Credits only. — 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
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Participant Deferral and Employer Credits. In-service distributions may be made in the following manner: XX X Single lump sum payment. XX X Annual installments over a term certain not to exceed 5 years. Education Accounts are allowed with respect to: X Participant Deferral Credits only. Employer Credits only. Participant Deferral and Employer Credits. Education Accounts distributions may be made in the following manner: X Single lump sum payment. X 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 Forfeited. Distributed at Separation from Service if vested at that time.
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