Common use of Special Rules for Withdrawals During Service Clause in Contracts

Special Rules for Withdrawals During Service. If this is a profit sharing plan and the Adoption Agreement so provides, a Participant may elect to receive a distribution of all or part of the Vested portion of his or her Individual Account, subject to the requirements of Section 6.05 and further subject to the following limits: a. Participant for 5 or more years. An Employee who has been a Participant in the Plan for 5 or more years may withdraw up to the entire Vested portion of his or her Individual Account.

Appears in 10 contracts

Samples: Prototype Defined Contribution Plan and Trust/Custodial Account (Connecticut Water Service Inc / Ct), 401(k) Profit Sharing Plan Adoption Agreement (Antigenics Inc /De/), 401(k) Profit Sharing Plan Adoption Agreement (Miami Computer Supply Corp)

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Special Rules for Withdrawals During Service. If this is a profit sharing plan and the Adoption Agreement so provides, a Participant may elect to receive a distribution of all or part of the Vested portion of his or her Individual Account, subject to the requirements of Section 6.05 and further subject to the following limits: a. Participant for 5 or more years. An Employee who has been a Participant in the Plan for 5 or more years may withdraw up to the entire Vested portion of his or her Individual Account.

Appears in 4 contracts

Samples: Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/), Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Camco Financial Corp), Adoption Agreement (Bradford Funds Inc)

Special Rules for Withdrawals During Service. If if this is a profit sharing plan and the Adoption Agreement so provides, a Participant may elect to receive a distribution of all or part of the Vested portion of his or her Individual individual Account, subject to the requirements of Section 6.05 and further subject to the following limits: a. Participant for 5 or more years. An Employee who has been a Participant in the Plan for 5 or more years may withdraw up to the entire Vested portion of his or her Individual Account.

Appears in 2 contracts

Samples: Basic Plan Document (Nabi /De/), Basic Plan Document (Nabi /De/)

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Special Rules for Withdrawals During Service. If this is a profit sharing plan and the Adoption Agreement so provides, a Participant may elect to receive a distribution of all ali or part of the Vested portion of his or her Individual Account, subject to the requirements of Section 6.05 and further subject to the following limits: a. Participant for 5 or more years. An Employee who has been a Participant in the Plan for 5 or more years may withdraw up to the entire Vested portion of his or her Individual Account.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc)

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