SEPARATE ACCOUNT PENDING DETERMINATION Sample Clauses

SEPARATE ACCOUNT PENDING DETERMINATION. During any period in which the issue of whether a domestic relations order is a qualified domestic relations order is being determined (by the Plan Administrator, by a court of competent jurisdiction, or otherwise), the Plan Administrator shall separately account for the amounts ("segregated amounts") which would have been payable to the alternate payee during such period if the order had been determined to be a qualified domestic relations order. If within the eighteen (18) month period beginning with the date on which the first payment would be required to be made under the domestic relations order, the order (or any modification thereof) is determined to be a qualified domestic relations order, the Plan Administrator shall pay the segregated amount, plus interest thereon, to the person or persons entitled thereto. If within said period it is determined that the domestic relations order is not a qualified domestic relations order, or the issue as to whether the order is a qualified domestic relations order is not resolved, then the Plan Administrator shall pay the segregated amount, including interest thereon, to the person or persons who would have been entitled to such amount if there had been no order. Any determination that the order is a qualified domestic relations order after said period shall be applied prospectively.
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