Common use of Qualified Joint and Survivor Annuity Clause in Contracts

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 15 contracts

Samples: Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Camco Financial Corp), Defined Contribution Plan Document (Janus Investment Fund), 401(k) Profit Sharing Plan Adoption Agreement (Antigenics Inc /De/)

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Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement.).

Appears in 3 contracts

Samples: Individual 401(k) Plan Purchase Agreement, Employer Sponsored Plan Account Agreement, Employer Sponsored Plan Account Agreement

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount actuarial equivalent of benefit which can be purchased with the Participant's vested account balanceNormal Form of Benefit, or, if greater, any optional form of benefit. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement.).

Appears in 2 contracts

Samples: Defined Benefit Plan and Trust Agreement, Adoption Agreement (Environmental Power Corp)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant Employee with a survivor annuity for the life of the spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant Employee and the spouse and which is the amount of benefit which can be purchased with the ParticipantEmployee's vested account balancebenefits. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)%.

Appears in 2 contracts

Samples: Trust Agreement (Carmike Cinemas Inc), Trust Agreement (Carmike Cinemas Inc)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not riot less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 2 contracts

Samples: Basic Plan Document (Nabi /De/), Basic Plan Document (Nabi /De/)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% and not more than 100% 50 percent of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse. For a Participant who is not married, Qualified Joint and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless Survivor Annuity means a different percentage is elected by the Employer in the Adoption Agreement)straight life annuity.

Appears in 1 contract

Samples: Savings and Retirement Plan (Galoob Lewis Toys Inc /De/)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased purchasetl with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall shalt be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: Basic Plan Document (Weststar Financial Services Corp)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount of benefit which can be purchased with the Participant's vested account balanceVested Account Balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement.).

Appears in 1 contract

Samples: Defined Contribution Plan and Trust (Trimedyne Inc)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: Tax Sheltered Custodial Account Agreement (New England Funds Trust I)

Qualified Joint and Survivor Annuity. An immediate nontransferable annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount of benefit which can be purchased with the Participant's vested account Account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: 401(k) Adoption Agreement (Garmin LTD)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and end the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balancebalance(s). The percentage A qualified joint and survivor annuity for a Participant who is not married is an annuity for the life of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)Participant.

Appears in 1 contract

Samples: Retirement Plan (Titan Corp)

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Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount of benefit which that can be purchased with the Participant's vested account balanceVested Individual Account. The percentage of the survivor annuity under the Plan shall be is 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)%.

Appears in 1 contract

Samples: 401(k) Profit Sharing Adoption Agreement (Kevco Inc)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor Survivor annuity for the life of the spouse which is not less than 50% and not more than 100% 100 %, of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant Employee with a survivor annuity for the life of the spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant Employee and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balanceEmployee’s benefits. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)%.

Appears in 1 contract

Samples: Trust Agreement (Carmike Cinemas Inc)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: Basic Plan Document (Peabody Energy Corp)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than fifty percent (50% %) and not more than one hundred percent (100% %) of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account Account balance. The percentage of the survivor annuity under the Plan shall be fifty percent (50% (unless a different percentage is elected by the Employer in the Adoption Agreement%).

Appears in 1 contract

Samples: Master Self Employed Retirement Plan Adoption Agreement (Investors Research Fund Inc)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than equals fifty percent (50% and not more than 100% %) of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)’s Vested Account Balance.

Appears in 1 contract

Samples: Salary Deferral Retirement Plan Adoption Agreement (Novo Nordisk a S)

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