Common use of Timing of Distributions Clause in Contracts

Timing of Distributions. In cases of termination benefits shall be paid: (i) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. [X] (ii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.

Appears in 3 contracts

Samples: Non Standardized Adoption Agreement (Princeton Review Inc), Non Standardized Adoption Agreement (Valley National Corp /De/), 401(k) Retirement Plan and Trust Agreement (California Coastal Communities Inc)

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Timing of Distributions. In cases of termination benefits shall be paid: (i) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. [X] . (ii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iii) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. If no answer is specified, option (ii) will apply.

Appears in 2 contracts

Samples: Adoption Agreement (Maxim Pharmaceuticals Inc), Adoption Agreement (Shared Technologies Cellular Inc)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid:: [ ] (i) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. [X] (ii) As soon as administratively feasiblefeasible after quarterly valuation, following the date on which a distribution is requested or is otherwise payable.. [ ]

Appears in 1 contract

Samples: Adoption Agreement (Professionals Insurance Co Management Group)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: : [X] (i) As soon as administratively feasible following the close of the [ ] Plan Year Year/[X] Valuation Period during which a distribution is requested or is otherwise payable. [X[ ] (ii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.. [ ]

Appears in 1 contract

Samples: Adoption Agreement (Professionals Insurance Co Management Group)

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Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. [X] (iiiii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.

Appears in 1 contract

Samples: Adoption Agreement (Finish Line Inc /De/)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: (i) As soon as administratively feasible feasible, following the close of the Plan Year valuation period during which a distribution is requested or is otherwise payable. [X] (ii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.

Appears in 1 contract

Samples: Adoption Agreement (Peoples Sidney Financial Corp)

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