Common use of Timing of commencement Clause in Contracts

Timing of commencement. The Plan Administrator must direct the Trustee to distribute or commence distribution of the deceased Participant's Vested Account Balance following the date on which the Plan Administrator receives notification of, or otherwise confirms, the Participant's death. The actual timing of distribution will be in accordance with: (a) the Employer's Adoption Agreement elections; (b) any Participant or Beneficiary permitted and timely made election under Section 6.03(B); and (c) the Plan terms including Section 6.02.

Timing of commencement. The Plan Administrator must direct the Trustee to distribute or commence distribution of the deceased Participant's ’s Vested Account Balance following the date on which the Plan Administrator receives notification of, or otherwise confirms, the Participant's ’s death. The actual timing of distribution will be in accordance with: (a) the Employer's ’s Adoption Agreement elections; (b) any Participant or Beneficiary permitted and timely made election under Section 6.03(B); and (c) the Plan terms including Section 6.02.