Common use of Sale is Distribution Event Clause in Contracts

Sale is Distribution Event. An individual who continues to be employed by Xxxxxxx Aluminum-Golden, Inc. following the NAG Sale shall be deemed to have incurred a “Separation From Service” for all purposes under the Plan.

Appears in 2 contracts

Samples: 401(k) Savings Plan Amendment (Quanex Corp), 401(k) Savings Plan (Quanex Corp)

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Sale is Distribution Event. An individual who continues to be employed by Xxxxxxx Nxxxxxx Aluminum-Golden, Inc. following the NAG Sale shall be deemed to have incurred a “Separation From Service” for all purposes under the Plan.

Appears in 2 contracts

Samples: 401(k) Savings Plan Amendment (Quanex Corp), 401(k) Savings Plan (Quanex Corp)

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