Requirements in the Case of a Commercial Annuity. If a Participant’s or former Participant’s nonforfeitable interest in his Plan benefit is distributed in the form of an annuity purchased from an insurance company, distributions under the annuity contract will be made in accordance with the requirements of section 401(a)(9) of the Code and Department of Treasury Regulations.
Appears in 4 contracts
Samples: Savings Plan (Quanex Corp), Hourly Employees (Quanex Corp), Agreement (Quanex Corp)
Requirements in the Case of a Commercial Annuity. If a Participant’s or former Participant’s nonforfeitable interest Nonforfeitable Interest in his Plan benefit is distributed in the form of an annuity purchased from an insurance company, distributions under the annuity contract will be made in accordance with the requirements of section 401(a)(9) of the Code and Department of Treasury Regulations.
Appears in 2 contracts
Samples: Quanex Corporation Employee Savings Plan (Quanex Corp), Quanex Corp
Requirements in the Case of a Commercial Annuity. If a Participant’s or former Participant’s Participant nonforfeitable interest in his Plan benefit is distributed in the form of an annuity purchased from an insurance company, distributions under the annuity contract will be made in accordance with the requirements of section 401(a)(9) of the Code and Department of Treasury Regulations.
Appears in 1 contract
Samples: Furmanite Corp
Requirements in the Case of a Commercial Annuity. If a ParticipantMember’s or former ParticipantMember’s nonforfeitable interest Nonforfeitable Interest in his Plan benefit is distributed in the form of an annuity purchased from an insurance company, distributions under the annuity contract will be made in accordance with the requirements of section 401(a)(9) of the Code and Department of Treasury Regulations.
Appears in 1 contract
Samples: Mens Wearhouse Inc
Requirements in the Case of a Commercial Annuity. If a Participant’s or former Participant’s nonforfeitable interest Participant Nonforfeitable Interest in his Plan benefit is distributed in the form of an annuity purchased from an insurance company, distributions under the annuity contract will be made in accordance with the requirements of section 401(a)(9) of the Code and Department of Treasury Regulations.
Appears in 1 contract
Samples: Furmanite Corp