Participant Withdrawals. The Board is to choose from one of the following options relating to restrictions imposed when a participant requests a withdrawal from the Voya Fixed Plus Account III investment option. Transfer and Withdrawal Limit Equity Wash Termination of Agreement Upon your election to terminate this Agreement, the Plan assets invested in the Voya Fixed Plus Account III investment option on the effective date of the termination will be subject to “extended payout provision” rule as described in the group annuity contract, a form of which has been provided to Sponsor. Stability of Principal Disclosure and Additional Information For additional information on the Voya Fixed Plus Account III, including all withdrawal rules and restrictions, please refer to the product disclosure booklet provided by VRIAC, or to the group annuity contract, a copy of which has been provided to Plan Sponsor. Board should consider the investment objectives, risks, and charges and expenses of the investment options carefully before choosing to make these options available to participants under the Plan. Fund prospectuses containing this and other information can be obtained by contacting your local representative. Please read the information carefully before signing this Agreement. You may also visit our website at xxx.xxxxxxxxxxxxxxxxxxx.xxx/xxxxxxx to view your Plan information on-line. STATE OF DELAWARE RETIREMENT PLANS Appendix VII to Schedule A: Investment Provider Minimum Standards Disclosure Statement The following items summarize the minimum administrative requirements required in order for the Custodian to transact with an investment provider on the Plan’s behalf:
Participant Withdrawals i. Definition. Participant Withdrawals are withdrawals from the SSF which are:
Participant Withdrawals. A Participant shall have the right to direct TLIC by written notice, in a form and method acceptable to us, that all or a portion of his or her Account be withdrawn and paid to him/her, or to a successor funding agent on behalf of the Participant, subject to the terms of the Plan. Such payment shall be made in cash within seven days after receipt of such notice except that such payment may be deferred to the extent as may be permitted under applicable federal or state laws, rules and regulations. In determining the value of the Units to be withdrawn as provided above, the date used will be the Business Day specified by the Participant with respect to such withdrawal but in no event earlier than the Business Day on which the Participant’s request is received by TLIC. A withdrawal shall be an Excess Withdrawal that reduces the Participant’s Income Base pursuant to Section 5.7 if: (i) the withdrawal is made prior to the Lock-In Date; or (ii) the withdrawal is made after the Lock-In Date and is in excess of the Guaranteed Income Amount for the Annual Period, subject to the exception provided in Section 6.2.
Participant Withdrawals. A Participant shall have the right to direct TLIC by written notice that all or a portion of his or her Account be withdrawn and paid to him/her, or to a successor funding agent on behalf of the Participant, subject to the terms of the Plan. Such payment shall be made in cash within seven days after receipt of such notice except that such payment may be deferred to the extent as may be permitted under applicable federal or state laws, rules and regulations. In determining the value of the Units to be withdrawn as provided above, the date used will be the Business Day specified by the Participant with respect to such withdrawal but in no event earlier than the Business Day on which the Participant’s request is received by TLIC. A withdrawal shall be an Excess Withdrawal that reduces the Participant’s Income Base pursuant to Section 5.7 if: (i) the withdrawal is made prior to the Lock-In Date; or (ii) the withdrawal is made after the Lock-In Date and is in excess of the Guaranteed Income Amount for the Annual Period, subject to the exception provided in Section 6.2. [In accordance with the restrictions of Section 403(b)(11) of the Code, amounts attributable to Contributions made after December 31, 1988 pursuant to a salary reduction agreement may be paid to the Participant only after the Participant attains age 59 1/2, has a severance from employment, dies or becomes disabled (within the meaning of Code Section 72(m)(7)), or due to hardship under the terms of the Plan/Program (but only from principal, not including earnings); or if permitted under the Plan/Program, in the case of a qualified reservist distribution, the date on which a period referred to in subclause (III) of Code Section 72(t)(2)(G)(iii) begins.]
Participant Withdrawals i. Definition. Participant Withdrawals are withdrawals from the Plan GFIF which are:
Participant Withdrawals. Subject to a Market 1.5 Contractholder ____________________1 Value Adjustment _________________________10 1.6 Contractholder Account ____________1 1.7 Contractholder Fixed Account ______1 FORMS OF BENEFITS ----------------- 1.8 Contractholder Variable Account ___2 1.9 Contributions _____________________2 7.1 General ____________________________________11 1.10 Effective Annual Rate _____________2 7.2 Terms of Payment of Annuities ______________11 1.11 Good Order ________________________2 7.3 Certificates _______________________________11 1.12 Participant _______________________2 7.4 Minimum Death Benefit ______________________11 1.13 Participant Account _______________2 1.14 Plan ______________________________2 TERMINATION OF CONTRACT ----------------------- 1.15 Plan Investment Fund ______________2 1.16 Prudential ________________________2 8.1 Sixty Day Termination ______________________12 1.17 Rate Segment ______________________3 8.2 Termination for Cause ______________________12 1.18 Separate Account __________________3 8.3 Effect of Termination ______________________12 1.19
Participant Withdrawals. Pre-Approved Withdrawals Participant withdrawals and distributions shall be processed in accordance with the provisions of the Plan and subject to the following terms and conditions:
Participant Withdrawals. Cash withdrawals from the Participant Account will be subject to a Withdrawal Charge, other than those made for the following reasons: [7](a) [Participant becoming disabled [(within the meaning of Code Section 72(m)(7))].]
Participant Withdrawals. A RFx Response may be withdrawn at any time prior to the Due Date by written Notice to that effect to the CBH Event Owner or by clicking onto <Decline to Respond> button in Ariba or via the email notification. Costs of preparing RFx Responses All costs relating to the preparation and submission of a RFx Response are the sole responsibility of the Participant. The Company shall not pay any Participant, wholly or in part, for its RFx Response.
Participant Withdrawals. A Bid Response may be withdrawn at any time prior to the Due Date by written Notice to that effect to the CBH Event Owner or by clicking onto <Decline to Respond> button in Ariba or via the email notification. Costs of preparing Bid Response All costs relating to the preparation and submission of a Bid Response are the sole responsibility of the Participant. The Company shall not pay any Participant, wholly or in part, for its Bid Response.
