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 every business day 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)) (a) of the ___________________________ Plan Year beginning after the Participant's Separation from Service. [X] (b) The first administratively practicable distribution date following the Participant's Separation from Service.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Expedia Inc)

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TIME OF PAYMENT OF ACCRUED BENEFIT. Distribution date. A distribution date under the Plan means every business the first day of the Plan Yearany month. [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 as soon as administratively practicable distribution date feasible following the Participant's Separation from Service.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Quicksilver Resources Inc)

TIME OF PAYMENT OF ACCRUED BENEFIT. Distribution date. A distribution date under the Plan means every business the first day of the Plan Yeareach month. [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 As soon as administratively practicable distribution date feasible 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).

Appears in 1 contract

Samples: Defined Contribution Master Plan and Trust Agreement (Washington Homes Inc)

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TIME OF PAYMENT OF ACCRUED BENEFIT. Distribution date. A distribution date under the Plan means every business day of the Plan Yearany 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. [Xx] (b) The the first administratively practicable distribution date following the Participant's Separation from Service.

Appears in 1 contract

Samples: Adoption Agreement (Wicor Inc)

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