Request for Distribution. The Custodian shall distribute the assets of the Account to the Employee upon receipt by the Custodian of a written request for distribution submitted by the Employee, in a form acceptable to the Custodian, subject to the limitations of Article 5.2.
Request for Distribution. Distribution from the Custodial Account shall be made by the Custodian only to a Participant, designated Beneficiary or Alternate Payee, and no purported sale, transfer, pledge or assignment by the Participant, his spouse or Beneficiary of all or any part of an interest in the Custodial Account shall be recognized by the Custodian except as provided in Section 3.3. The interest of a Participant, his spouse or Beneficiary in the Custodial Account shall not be subject to the debts, contracts, liabilities, engagements or torts of such person or to attachment or legal process against such person.
Request for Distribution. The Participant’s interest in the Account shall be distributed by the Custodian on Instructions, (written or other form as agreed to by the Custodian) from the Participant or his or her Beneficiary, which designate the method of distribution in a form provided in Section 4.04 below. The Custodian may rely solely on the accuracy of all facts supplied at any time by the Participant or Beneficiary.
Request for Distribution. Subject to the other requirements of this Article, a Participant may elect to have his or her vested Accrued Benefit paid to him or her beginning upon any Settlement Date following his or her Termination of Employment by submitting a completed distribution election in accordance with a procedure established by the responsible Named Fiduciary. Such election form shall include or be accompanied by a notice which provides the Participant with information regarding all optional times and forms of payment available. The election must be submitted to the responsible Named Fiduciary by the Sweep Date that relates to the Payment Date.
Request for Distribution. Distribution from the Custodial Account shall be made by the Sponsor only to a Participant, his designated Benefi- ciary or Alternate Payee. No purported sale, transfer, pledge or assignment by the Participant, his spouse or Beneficiary of all or any part of an interest in the Custodial Account shall be recognized by the Sponsor except as provided herein. The interest of a Participant, his spouse or Beneficiary
Request for Distribution. In the event of a Participant’s death prior to his or her Payment Date, a Beneficiary may elect to have the vested Accrued Benefit of a deceased Participant paid to him or her beginning upon any Settlement Date following the Participant’s date of death by submitting a completed distribution election in accordance with the procedure established by the responsible Named Fiduciary. The election must be submitted to the responsible Named Fiduciary by the Sweep Date that relates to the Settlement Date upon which payments are to begin.
Request for Distribution. Distribution from the Custodial Account shall be made by the Custodian only to a Participant, his designated Beneficiary or Alternate Payee. No purported sale, transfer, pledge or assignment by the Participant, the Participant’s s spouse or Beneficiary of all or any part of an interest in the Custodial Account shall be recognized by the Custodian except as provided herein. The interest of a Participant, the Participant’s spouse or Beneficiary in the Custodial Account shall not be subject to the debts, contracts, liabilities, engagements, or torts of such person or to attachment or legal process against such person. All distributions from this Custodial Account shall be requested on a form approved by the Custodian.
Request for Distribution. The Custodian shall distribute the assets of the Account to the Employee upon receipt by the Custodian of a written request for distribution submitted by the Employee, in a form acceptable to the Custodian, subject to the limitations of Article 5.2. 5.2 LIMITATIONS ON DISTRIBUTIONS: Except as may otherwise be provided in Article 3.6, the assets of the Account shall not be distributed to the Employee before the Employee attains age 59 1/2 unless the Employee has: (a) separated from the service of the Employer, (b) incurred a Disability, or (c) encountered Financial Hardship. Any distribution that is made to the Employee for reason of Financial Hardship shall not exceed the amount of Employer contributions made to the Account, pursuant to a salary reduction agreement with the Employee, excluding earnings thereon.
