Common use of Payment to Beneficiary Clause in Contracts

Payment to Beneficiary. Payment to a Beneficiary must either: (1) be completed by the end of the calendar year that contains the fifth anniversary of the Participant's death or (2) begin by the end of the calendar year that contains the first anniversary of the Participant's death and be completed within the period of the Beneficiary's life or life expectancy, except that:

Appears in 9 contracts

Samples: Plan and Trust Agreement (Timken Co), Longview Fibre Co, Nipsco Industries Inc

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Payment to Beneficiary. Payment to a Beneficiary must either: either (1i) be completed by the end of the calendar year that contains the fifth anniversary of the Participant's death or (2ii) begin by the end of the calendar year that contains the first anniversary of the Participant's death and be completed within the period of the Beneficiary's life or life expectancy, except that:

Appears in 5 contracts

Samples: Riviana Foods Inc /De/, Hanna M a Co/De, Longview Fibre Co

Payment to Beneficiary. Payment to a Beneficiary must either: (1) be completed by the end of the calendar year that contains the fifth anniversary of the Participant's death or (2) begin by the end of the calendar year that contains the first anniversary of the Participant's death and be completed within the period of the Beneficiary's life or life expectancy, except that:death. 11.10

Appears in 1 contract

Samples: Roadway Services Inc

Payment to Beneficiary. Payment to a Beneficiary must eitherbe completed by the end of the calendar year that contains the fifth anniversary of the Participant's death, except that: Payment to a Beneficiary must either (1i) be completed by the end of the calendar year that contains the fifth anniversary of the Participant's death or (2ii) begin by the end of the calendar year that contains the first anniversary of the Participant's death and be completed within the period of the Beneficiary's life or life expectancy, except that:the

Appears in 1 contract

Samples: Plan and Trust Agreement (Southdown Inc)

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Payment to Beneficiary. Payment to a Beneficiary must either: either (1i) be completed by the end of the calendar year that contains the fifth anniversary of the Participant's death or (2ii) begin by the end of the calendar year that contains the first anniversary of the Participant's death and be completed within the period of the Beneficiary's life or on life expectancy, except that:

Appears in 1 contract

Samples: New Nisource Inc

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