Common use of Qualified Joint and Survivor Annuity Clause in Contracts

Qualified Joint and Survivor Annuity. x 1. Not applicable. The Plan is not subject to Qualified Joint and Survivor Annuity rules. The safe harbor provisions of paragraph 8.7 of the Basic Plan Document #01 apply. The normal form of payment is a lump sum. No annuities are offered under the Plan.

Appears in 3 contracts

Samples: Adoption Agreement (Atlas America Inc), Defined Contribution Plan (Chicopee Bancorp, Inc.), Defined Contribution Plan (United Community Bancorp)

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Qualified Joint and Survivor Annuity. x 1. Not applicable. The Plan is not subject to Qualified Joint and Survivor Annuity rules. The safe harbor provisions of paragraph 8.7 of the Basic Plan Document #01 apply. The normal form of payment is a lump sum. No annuities are offered under the Plan.

Appears in 2 contracts

Samples: Defined Contribution Plan (FNB United Corp.), Defined Contribution Plan (Georgetown Bancorp, Inc.)

Qualified Joint and Survivor Annuity. x 1. Not applicable. The Plan is not subject to Qualified Joint and Survivor Annuity rules. The safe harbor provisions of paragraph 8.7 of the Basic Plan Document #01 apply. The normal form of payment is a lump sum. No annuities are offered under the PlanPlan [Plan defaults to this election].

Appears in 2 contracts

Samples: Defined Contribution Plan (ASB Bancorp Inc), Nonstandardized Adoption Agreement (United Community Bancorp)

Qualified Joint and Survivor Annuity. x 1. Not applicable. The Plan is not subject to the Qualified Joint and Survivor Annuity rules. The safe harbor provisions of paragraph 8.7 of the Basic Plan Document #01 apply. The normal form of payment is a lump sum. No annuities are offered under the Plan.

Appears in 1 contract

Samples: Adoption Agreement (Socket Communications Inc)

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Qualified Joint and Survivor Annuity. x [x] 1. Not applicable. The Plan is not subject to Qualified Joint and Survivor Annuity rules. The safe harbor provisions of paragraph 8.7 of the Basic Plan Document #01 apply. The normal form of payment is a lump sum. No annuities are offered under the Plan. [ ] 2. The normal form of payment is a lump sum. The Plan does provide for annuities as an optional form of payment at Section XVIII(C) of the Adoption Agreement. Joint and Survivor rules are avoided unless the Participant elects to receive his or her distribution in the form of an annuity.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (CRH Public LTD Co)

Qualified Joint and Survivor Annuity. x 1. Not applicable. The Plan is not subject to Qualified Joint and Survivor Annuity rules. The safe harbor provisions of paragraph 8.7 of the Basic Plan Document #01 apply. The normal form of payment is a lump sum. No annuities are offered under the PlanPlan [Plan defaults to this election].

Appears in 1 contract

Samples: Savings and Investment Plan Document (Sterling Chemicals Inc)

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