Common use of Time of Distribution Clause in Contracts

Time of Distribution. Section 2.5.1 provides that distributions to Participants who resign or are discharged prior to retirement are deferred until retirement date unless the Employer elects to permit distributions in advance of such date.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement for Defined Benefit Pension Plan

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Time of Distribution. Section 2.5.1 2.5.3 provides that distributions to Participants who resign or are discharged prior to retirement are deferred until retirement date unless the Employer elects to permit distributions in advance of such date.

Appears in 2 contracts

Samples: Volume Submitter Adoption Agreement, Volume Submitter Adoption Agreement

Time of Distribution. Section 2.5.1 2.5.1(b) provides that distributions are deferred to Participants who resign or are discharged prior to retirement are deferred until the retirement date unless the Employer employer elects to permit distributions in advance of such date.

Appears in 1 contract

Samples: Adoption Agreement for a Profit Sharing Plan (Main Street Banks Inc /New/)

Time of Distribution. Section 2.5.1 2.5.1(b) provides that distributions are deferred to Participants who resign or are discharged prior to retirement are deferred until the retirement date unless the Employer employer elects to permit distributions in advance of such date. a. Plan Provision without advance distribution election. (x) b. Distributions may be made at the Participant's election within a reasonable period following the Distribution Date.

Appears in 1 contract

Samples: Adoption Agreement (Security Associates International Inc)

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Time of Distribution. Section 2.5.1 2.5.1(b) provides that distributions to Participants who resign or are discharged prior to retirement are deferred until the retirement date unless the Employer elects to permit distributions in advance of such date.

Appears in 1 contract

Samples: Trust Agreement (Southwest Community Bancorp)

Time of Distribution. Section 2.5.1 2.5.1(b) provides that distributions are deferred to Participants who resign or are discharged prior to retirement are deferred until the retirement date unless the Employer employer elects to permit distributions in advance of such date. ( ) a. Plan Provision without advance distribution election. (x) b. Distributions may be made at the Participant's election within a reasonable period following the Distribution Date.

Appears in 1 contract

Samples: Defined Contribution Plan and Trust (Capstone Pharmacy Services Inc)

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