Common use of Participant's life expectancy Clause in Contracts

Participant's life expectancy. The Participant's remaining Life Expectancy is calculated using the age of the Participant in the year of death, reduced by one for each subsequent year.

Appears in 4 contracts

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc), 401(k) Profit Sharing Plan (Nci Building Systems Inc)

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Participant's life expectancy. The Participant's remaining Life Expectancy life expectancy is calculated using the attained age of the Participant as of the Participant's birthday in the calendar year of death, reduced by one for each subsequent calendar year.

Appears in 2 contracts

Samples: Adoption Agreement for Eligible Governmental 457 Plan, Adoption Agreement for Eligible Governmental 457 Plan

Participant's life expectancy. The Participant's ’s remaining Life Expectancy life expectancy is calculated using the attained age of the Participant as of the Participant’s birthday in the calendar year of death, reduced by one for each subsequent calendar year.

Appears in 1 contract

Samples: Eligible 457 Prototype Plan and Trust Agreement

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Participant's life expectancy. The Participant's ’s remaining Life Expectancy is calculated using the age of the Participant in the year of death, reduced by one for each subsequent year.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)

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