Common use of Source of Award Clause in Contracts

Source of Award. If a Participant shall have a Vested interest in more than one Account under the Plan, the benefit awarded to an alternate payee shall be withdrawn from the Participant's Accounts in proportion to his Vested interest in each of them.

Appears in 3 contracts

Samples: Employee Stock Ownership Plan Trust Agreement (Entegris Inc), Adoption Agreement (Western Bancorp), Pension Plan Trust Agreement (Entegris Inc)

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Source of Award. If a Participant shall have a Vested interest in more than one Account under the Plan, the benefit awarded to an alternate payee Alternate Payee shall be withdrawn from the Participant's ’s Accounts in proportion to his Vested interest in each of them.

Appears in 1 contract

Samples: Retirement Plan (Piper Jaffray Companies)

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