Common use of TIME OF PAYMENT OF ACCRUED BENEFIT Clause in Contracts

TIME OF PAYMENT OF ACCRUED BENEFIT. Distribution date. A distribution date under the Plan means any date. [Note: The Employer must specify the appropriate date(s). The specified distribution dates primarily establish annuity starting dates and the notice and consent periods prescribed by the Plan. The Plan allows the Trustee an administratively practicable period of time to make the actual distribution relating to a particular distribution date.] Nonforfeitable Accrued Benefit Not Exceeding $3,500. Subject to the limitations of Section 6.01(A)(1), the distribution date for distribution of a Nonforfeitable Accrued Benefit not exceeding $3,500 is: (Choose (a), (b), (c), (d) or (e)) [ ] (a) of the Plan ----------------------------------- ------------ Year beginning after the Participant's Separation from Service. [X] (b) the first administratively reasonable distribution date ------------------------------------------------------- following the Participant's Separation from Service. [ ] (c) of the Plan --------------------------------------------------- Year after the Participant incurs -------------------------------- Break(s) in Service (as defined in Article V). [ ] (d) following the --------------------------------------------------- Participant's attainment of Normal Retirement Age, but not earlier than days following his Separation from Service. ------------- [ ] (e) (Specify) . ------------------------------------------------- Nonforfeitable Accrued Benefit Exceeds $3,500. See the elections under Section 6.03.

Appears in 3 contracts

Samples: Adoption Agreement (Modine Manufacturing Co), Adoption Agreement (Modine Manufacturing Co), Modine Manufacturing Co

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TIME OF PAYMENT OF ACCRUED BENEFIT. Distribution date. A distribution date under the Plan means any dateday of the -------------- Plan Year . [Note: The Employer must specify the appropriate date(s). The ---------- specified distribution dates primarily establish annuity starting dates and the notice and consent periods prescribed by the Plan. The Plan allows the Trustee an administratively practicable period of time to make the actual distribution relating to a particular distribution date.] Nonforfeitable Accrued Benefit Not Exceeding $3,500. Subject to the limitations of Section 6.01(A)(1), the distribution date for distribution of a Nonforfeitable Accrued Benefit not exceeding $3,500 is: (Choose (a), (b), (c), (d) or (e)) [ [N/A] (a) ________________________________________________________________ of the the_______________ Plan ----------------------------------- ------------ Year beginning after the Participant's Separation from Service. [Xx] (b) the first administratively reasonable any distribution date ------------------------------------------------------- following the Participant's Separation --------------------- from Service. [ [N/A] (c) _______________________________________________________________ of the Plan --------------------------------------------------- Year after the Participant incurs -------------------------------- ____ Break(s) in Service (as defined in Article V). [ [N/A] (d) _____________________________________________________ following the --------------------------------------------------- Participant's attainment of Normal Retirement Age, but not earlier than _____________________ days following his Separation from Service. ------------- [ [N/A] (e) (Specify) ______________________________________________________ __________________________. ------------------------------------------------- Nonforfeitable Accrued Benefit Exceeds $3,500. See the elections under Section 6.03.

Appears in 1 contract

Samples: Adoption Agreement (Channell Commercial Corp)

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TIME OF PAYMENT OF ACCRUED BENEFIT. Distribution dateDISTRIBUTION DATE. A distribution date under the Plan means any dateday of the Plan Year. [Note: The Employer must specify the appropriate date(s). The specified distribution dates primarily establish annuity starting dates and the notice and consent periods prescribed by the Plan. The Plan allows the Trustee an administratively practicable period of time to make the actual distribution relating to a particular distribution date.] Nonforfeitable Accrued Benefit Not Exceeding NONFORFEITABLE ACCRUED BENEFIT NOT EXCEEDING $3,500. Subject to the limitations of Section 6.01(A)(1), the distribution date for distribution of a Nonforfeitable Accrued Benefit not exceeding $3,500 is: (Choose (a), (b), (c), (d) or (e)) [ ] (a) _____ of the __________ Plan ----------------------------------- ------------ Year beginning after the Participant's Separation from Service. [X] (b) the first administratively reasonable any distribution date ------------------------------------------------------- following the Participant's Separation from Service. [ ] (c) _____ of the Plan --------------------------------------------------- Year after the Participant incurs -------------------------------- _____ Break(s) in Service (as defined in Article V). [ ] (d) ________________ following the --------------------------------------------------- Participant's attainment of Normal Retirement Age, but not earlier than ___________________ days following his Separation from Service. ------------- 25 113 [ ] (e) (Specify) _____________________________. ------------------------------------------------- Nonforfeitable Accrued Benefit Exceeds NONFORFEITABLE ACCRUED BENEFIT EXCEEDS $3,500. See the elections under Section 6.03.

Appears in 1 contract

Samples: Universal Compression Holdings Inc

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