Common use of Qualified Joint and Survivor Annuity Clause in Contracts

Qualified Joint and Survivor Annuity. In the case of a Qualified Joint and Survivor Annuity as described above, the Committee shall provide each Participant within the period beginning ninety (90) days before and ending thirty (30) days before the Annuity Starting Date a written explanation of: (i) the terms and conditions of a Qualified Joint and Survivor Annuity; (ii) the Participant's right to make and the effect of an election to waive the Qualified Joint and Survivor Annuity form of benefit; (iii) the rights of a Participant's Spouse; (iv) the right to make, and the effect of, a revocation of a previous election to waive the Qualified Joint and Survivor Annuity; and (v) the right, if any, to defer the commencement of benefits.