Common use of SPECIAL DISTRIBUTION AND PAYMENT REQUIREMENTS Clause in Contracts

SPECIAL DISTRIBUTION AND PAYMENT REQUIREMENTS. Unless the Participant elects in writing to have the Trustee apply other distribution provisions of the Plan, or unless other distribution provisions of the Plan require earlier distribution of the Participant's Accrued Benefit, the Trustee must distribute the portion of the Participant's Accrued Benefit attributable to Employer Securities (the "Eligible Portion") no later than the time prescribed by this Section 7.05, irrespective of any other provision of the Plan. The distribution provisions of this Section 7.05 are subject to the consent requirements of the Plan. (a) If the Participant separates from Service by reason of the attainment of Normal Retirement Age, death or Disability, the Plan Administrator will direct the Trustee to distribute the Eligible Portion not later than one year after the close of the Plan Year in which that event occurs. (b) If the Participant separates from Service for any reason other than by reason of the attainment of Normal Retirement Age, death or disability, the Plan Administrator will direct the Trustee to distribute the Eligible Portion not later than one year after the close of the Plan Year in which the Participant incurs a Separation from Service. If the Participant resumes employment with the Company on or before the last day of the fifth Plan Year following the Plan Year of his or her Separation from Service, the distribution provisions of this paragraph (b) do not apply. For purposes of this Section 7.05, Employer Securities do not include any Employer Securities acquired with the proceeds of an Exempt Loan until the close of the Plan Year in which the borrower repays the Exempt Loan in full.

SPECIAL DISTRIBUTION AND PAYMENT REQUIREMENTS. Unless the Participant elects in writing to have the Trustee apply other distribution provisions of the Plan, or unless other distribution provisions of the Plan require earlier distribution of the Participant's Accrued Benefit, the Trustee must distribute the portion of the Participant's Accrued Accured Benefit attributable to Employer Securities (the "Eligible Portion") no later than the time prescribed by this Section 7.056.05, irrespective of any other provision of the Plan. The distribution provisions of this Section 7.05 6.05 are subject to the consent and form of distribution requirements of Articles V and VI of the Plan. (a) If the Participant separates from Service by reason of the attainment of Normal Retirement Age, death death, or Disabilitydisability, the Plan Administrator Advisory Committee will direct the Trustee to distribute commence distribution of the Eligible Portion not later than one year after the close of the Plan Year in which that event occurs. (b) If the Participant separates from Service for any reason other than by reason of the attainment of Normal Retirement Age, death or disability, the Plan Administrator Advisory Committee will direct the Trustee to distribute commence distribution of the Eligible Portion not later than one year after the close of the Plan Year in which the Participant incurs a Separation from Service. If the Participant resumes employment with the Company Employer on or before the last day of the fifth Plan Year following the Plan Year of his or her Separation separation from Service, the distribution provisions of this paragraph (b) do not apply. For purposes of this Section 7.056.05, Employer Securities Securites do not include any Employer Securities acquired with the proceeds of an Exempt Loan until the close of the Plan Year in which the borrower repays the Exempt Loan in full.

SPECIAL DISTRIBUTION AND PAYMENT REQUIREMENTS. Unless the Participant elects in writing to have the Trustee apply other distribution provisions of the Plan, or unless other distribution provisions of the Plan require earlier distribution of the Participant's Accrued Benefit, the Trustee must distribute the portion of the Participant's Accrued Benefit attributable to Employer Securities (the "Eligible Portion") no later than the time prescribed by this Section 7.056.05, irrespective of any other provision of the Plan. The distribution provisions of this Section 7.05 6.05 are subject to the consent and form of distribution requirements of Articles V and VI of the Plan. (a) If the Participant separates from Service by reason of the attainment of Normal Retirement Age, death death, or Disabilitydisability, the Plan Administrator Advisory Committee will direct the Trustee to distribute commence distribution of the Eligible Portion not later than one year after the close of the Plan Year in which that the applicable event occurs. (b) If the Participant separates from Service for any reason other than by reason of the attainment of Normal Retirement Age, death or disability, the Plan Administrator Advisory Committee will direct the Trustee to distribute commence distribution of the Eligible Portion not later than one year after the close of the fifth Plan Year following the Plan Year in which the Participant incurs a Separation separated from Service. If the Participant resumes employment with the Company Employer on or before the last day of the fifth Plan Year following the Plan Year of his or her Separation separation from Service, the mandatory distribution provisions of this paragraph (b) do not apply. For purposes of this Section 7.056.05, Employer Securities do not include any Employer Securities acquired with the proceeds of an Exempt Loan until the close of the Plan Year in which the borrower repays the Exempt Loan in full.

SPECIAL DISTRIBUTION AND PAYMENT REQUIREMENTS. Unless the Participant elects in writing to have the Trustee apply other distribution provisions of the Plan, or unless other distribution provisions of the Plan require earlier distribution of the Participant's Accrued Benefit, the Trustee must distribute the portion of the Participant's Accrued Benefit attributable to Employer Securities (the "Eligible Portion") no later than the time prescribed by this Section 7.056.05, irrespective of any other provision of the Plan. The distribution provisions of this Section 7.05 6.05 are subject to the consent and form of distribution requirements of Articles V and VI of the Plan. (a) If the Participant separates from Service by reason of the attainment of Normal Retirement Age, death death, or Disabilitydisability, the Plan Administrator Advisory Committee will direct the Trustee to distribute commence distribution of the Eligible Portion not later than one (1) year after the close of the Plan Year in which that event occurs. (b) If the Participant separates from Service for any reason other than by reason of the attainment of Normal Retirement Age, death or disability, the Plan Administrator Advisory Committee will direct the Trustee to distribute commence distribution of the Eligible Portion not later than one year after the close Separation of the Plan Year in which the Participant incurs a Separation from Service. If the Participant resumes employment with the Company Employer on or before the last day of the fifth Plan Year following the Plan Year of his or her Separation separation from Service, the distribution provisions of this paragraph (b) do not apply. For purposes of this Section 7.056.05, Employer Securities do not include any Employer Securities acquired with the proceeds of an Exempt Loan until the close of the Plan Year in which the borrower repays the Exempt Loan in full.