Common use of Payments to Plan Participants and Their Beneficiaries Clause in Contracts

Payments to Plan Participants and Their Beneficiaries. (a) The Company shall deliver to the Trustee a copy of the Deferred Compensation Plan for each Plan participant that indicates the amounts payable in respect to each Plan participant (and his or her beneficiaries), the form in which such amount is to be paid as provided for or available under the Plan(s), and the time of commencement for payment of such amounts. Except as otherwise provided herein, the Trustee shall make payments to the Plan participants and their beneficiaries in accordance with the Plans. The Trustee shall make provisions for the reporting and withholding of any Federal, State and local taxes that may be required to be withheld with respect to the payment of benefits pursuant to the terms of the Plans and shall pay amounts withheld to the appropriate taxing authorities or determine that such amounts have been reported, withheld and paid by the Company.

Payments to Plan Participants and Their Beneficiaries. (a) The Company shall deliver to the Trustee a copy of schedule (the Deferred Compensation Plan for each Plan participant “Payment Schedule”) that indicates the amounts payable in with respect to each Plan participant (and his or her beneficiaries), that provides a formula or other instructions acceptable to the Trustee for determining the amounts so payable, the form in which such amount is to be paid as provided for or available under the Plan(s)paid, and the time of commencement for payment of such amounts. Except as otherwise provided herein, the Trustee shall make payments to the Plan participants and or their beneficiaries in accordance with the Planssuch Payment Schedule. The Trustee shall make provisions provision for the reporting and withholding of any Federalfederal, State and state or local taxes that may be required to be withheld with respect to the payment of benefits pursuant to the terms of the Plans Plan and shall pay amounts withheld to the appropriate taxing authorities or determine that such amounts have been reported, withheld and paid by the Company.

Payments to Plan Participants and Their Beneficiaries. (a) The Company shall deliver to the Trustee a copy of the Deferred Compensation Plan for each Plan participant that indicates schedule which reflects the amounts payable in respect to held for the benefit of each Plan participant (and his or her beneficiaries), and which provides instructions acceptable to Trustee for determining when those amounts are payable from the Trust and the form in which such amount is to be paid paid, all as provided for or available under in the Plan(s), and the time of commencement for payment of such amountsPlan. Except as otherwise provided herein, the Trustee shall make payments to the Plan participants and their beneficiaries in accordance with the Planssuch schedule. The Trustee shall make provisions provision for the reporting and withholding of any Federalfederal, State and state or local taxes that may be required to be withheld with respect to the payment of benefits pursuant to the terms of the Plans Plan and shall pay amounts withheld to the appropriate taxing authorities or determine that such amounts have been reported, withheld and paid by the Company.

Payments to Plan Participants and Their Beneficiaries. (a) The Company shall deliver to the Trustee a copy of schedule (the Deferred Compensation Plan for each Plan participant "Payment Schedule") that indicates the amounts payable in respect to of each Plan participant (and his or her beneficiaries), that provides a formula or other instructions acceptable to Trustee for determining the amounts so payable, the form in which such amount is to be paid as provided for or available under the Plan(s)Plan, and the time of commencement for payment of such amounts. Except as otherwise provided herein, the Trustee shall make payments to the Plan participants and their beneficiaries in accordance with the Planssuch Payment Schedule. The Trustee shall make provisions provision for the reporting and withholding of any Federalfederal, State and state or local taxes that may be required to be withheld with respect to the payment of benefits pursuant to the terms of the Plans Plan and shall pay amounts withheld to the appropriate taxing authorities or determine that such amounts have been reported, withheld and paid by the Company.