Timing of Distribution. The Company will distribute to the Participant (or to the Participant’s estate in the event of the death of the Participant occurring after a vesting date but before distribution of the corresponding Shares), as soon as administratively practicable after each vesting date, the Shares represented by RSUs that vested on such vesting date.
Timing of Distribution. The Class Administrator shall pay out Approved Claims in accordance with the terms of this Agreement commencing within thirty (30) days after the Effective Date, or as otherwise ordered by the Court. The Parties shall work with the Class Administrator to choose a manner of payment that is secure, cost-effective, and convenient for Claimants.
Timing of Distribution. For distribution of benefits under Article 4.2, the Director may elect to delay the timing of distributions by submitting the appropriate Election Form to the Plan Administrator. Any such election:
Timing of Distribution. Distributions by the Security Trustee shall be made at such times as the Security Trustee in its absolute discretion determines to be as soon as is reasonably practicable, having regard to all relevant circumstances, and the Security Trustee shall have no liability whatsoever for any loss or damage which any Beneficiary might sustain as a consequence of the timing of any such distribution.
Timing of Distribution. (a) The Custodian shall distribute, or commence distribution of the balance credited to a Participant’s Account upon receipt of evidence satisfactory to the Custodian that one or more of the following events has occurred:
(1) the Participant’s death;
(2) the Participant’s severance from employment;
(3) the Participant becomes Disabled;
(4) the Participant attains age 59 ½;
Timing of Distribution. The Plan Administrator will direct the Trustee to commence distribution of a Participant's Vested Account Balance in accordance with this Section 6.01 upon the Participant's Separation from Service (or Severance from Employment) for any reason, upon the Participant's death, or if the Participant exercises an In-Service Distribution right under the Plan. The Trustee may make Plan distributions on any administratively practical date during the Plan Year, consistent with the Employer's elections in its Adoption Agreement. For purposes of this Article VI, the Plan applies Severance from Employment in place of Separation from Service where distribution is of Restricted 401(k)
Timing of Distribution. The Board of Directors of POC shall formally declare the Distribution and shall authorize POC to pay it upon the satisfaction or waiver of the conditions set forth in Article 3, by delivery of certificates for RVP Common Units to the Transfer Agent for delivery to the holders entitled thereto. The Distribution shall be deemed to be effective upon notification by POC to the Transfer Agent that the Distribution has been declared and that the Transfer Agent is authorized to proceed with the distribution of the RVP Common Units.
Timing of Distribution. The Plan Administrator will direct the Trustee to commence distribution of a Participant's Vested Account Balance in accordance with this Section 6.01 upon the Participant's Separation from Service for any reason, or if the Participant exercises an in-Service distribution right under the Plan. The Trustee may make Plan distributions on any administratively practicable date during the Plan Year, consistent with the Employer's elections in its Adoption Agreement.
(A) Distribution upon Separation from Service (other than death).
(1) Participant's Vested Account Balance not exceeding $5,000. Upon the Participant's Separation from Service for any reason other than death, the Plan Administrator (without any requirement of Participant or spousal consent) will direct the Trustee to distribute the Participant's Vested Account Balance (determined in accordance with Section 6.01(A)(6)) not exceeding $5,000 in a lump sum (without regard to Section 6.04), at the time specified in the Adoption Agreement, but in no event later than the 60th day following the close of the Plan Year in which the later of the following events occur: (a) the Participant attains Normal Retirement Age; or (b) the Participant Separates from Service.
(2) Participant's Vested Account Balance exceeds $5,000. Upon the Participant's Separation from Service for any reason other than death, the Plan Administrator, subject to the Participant's election to postpone distribution under this Section 6.01(A)(2) and the consent requirements of Section 6.01(A)(5), will direct the Trustee to commence distribution of the Participant's Vested Account Balance (determined in accordance with Section 6.01(A)(6)) exceeding $5,000, at the time specified in the Adoption Agreement and in a form under Section 6.03
Timing of Distribution. The Board of Directors of the Weatherford shall formally declare the Distribution and shall authorize Weatherford to pay it upon the satisfaction or waiver of the conditions set forth in Article 7, by delivery of certificates for Grant Common Stock to the Transfer Agent for delivery to the holders entitled thereto. The Distribution shall be deemed to be effective upon notification by Weatherford to the Transfer Agent that the Distribution has been declared and that the Transfer Agent is authorized to proceed with the distribution of Grant Common Stock.
Timing of Distribution. If the Participant is entitled to a benefit pursuant to Section 4(a) or (b) hereof, then the number of shares of Common Stock determined in accordance with the applicable provision of this Section 4 shall be distributed not later than the 70th day after the Participant’s Termination Date.
