Common use of Timing of Forfeitures Clause in Contracts

Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA §8-7(b). 🞎 A forfeiture will occur upon the completion of consecutive Breaks in Service (as defined in Section 7.07(a) of the Plan).

Appears in 5 contracts

Samples: Retirement Trust Plan, www.missouristate.edu, esbpublic.cusd200.org

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Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a7.10(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA Β§8-7(b9(b). πŸžŽβ–‘ A forfeiture will occur upon the completion of[cannot exceed 5] consecutive Breaks in Service (as defined in Section 7.07(a) of the Plan).

Appears in 3 contracts

Samples: Volume Submitter Money Purchase Plan Adoption Agreement, www.asc-net.com, www.asc-net.com

Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a6.10(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA Β§8-7(b8(b). πŸžŽο‚¨ A forfeiture will occur upon the completion of consecutive Breaks in Service (as defined in Section 7.07(a)6.08 of the Plan).

Appears in 2 contracts

Samples: Purchase Plan Adoption Agreement, Purchase Plan Adoption Agreement

Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a7.10(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA Β§8-7(b9(b). πŸžŽο‚£ A forfeiture will occur upon the completion of[cannot exceed 5] consecutive Breaks in Service (as defined in Section 7.07(a) of the Plan).

Appears in 2 contracts

Samples: www.asc-net.com, www.asc-net.com

Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA Β§8-7(b). πŸžŽο‚¨ A forfeiture will occur upon the completion of consecutive Breaks in Service (as defined in Section 7.07(a) of the Plan).

Appears in 1 contract

Samples: www.d11.org

Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a7.10(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA §8-7(b). 🞎¨ A forfeiture will occur upon the completion of[cannot exceed 5] consecutive Breaks in Service (as defined in Section 7.07(a) of the Plan).

Appears in 1 contract

Samples: www.thomas.k12.ga.us

Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a7.12(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA Β§8-7(b). πŸžŽο‚£ A forfeiture will occur upon the completion of[cannot exceed 5] consecutive Breaks in Service (as defined in Section 7.07(7.09(aa) of the Plan).

Appears in 1 contract

Samples: www.asc-net.com

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Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a7.10(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA §8-7(b). 🞎 A forfeiture will occur upon the completion of[cannot exceed 5] consecutive Breaks in Service (as defined in Section 7.07(a) of the Plan).

Appears in 1 contract

Samples: www.nnschools.org

Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a7.12(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA §8-7(b). 🞎¨ A forfeiture will occur upon the completion of[cannot exceed 5] consecutive Breaks in Service (as defined in Section 7.07(7.09(aa) of the Plan). Exhibit 10.24 Contract No. 051104-0004-0000 SECTION 9 DISTRIBUTION PROVISIONS - TERMINATION OF EMPLOYMENT.

Appears in 1 contract

Samples: Adoption Agreement (Rayonier Advanced Materials Inc.)

Timing of Forfeitures. A Participant who receives a Cash-Out Distribution (as defined in Section 7.09(a6.10(a) of the Plan) is treated as having an immediate forfeiture of his/her nonvested Account Balance. To modify the forfeiture timing rules to delay the occurrence of a forfeiture upon a Cash-Out Distribution, complete this AA §8-7(b8(b). 🞎 A forfeiture will occur upon the completion of consecutive Breaks in Service (as defined in Section 7.07(a)6.08 of the Plan).

Appears in 1 contract

Samples: Purchase Plan Adoption Agreement

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