Transfer of Policies. (a) Upon the Participant's retirement, the Trustee shall, upon instructions from the Committee, either transfer and deliver to the Participant any policy held on his behalf (with such endorsements as the Committee may direct), convert such policy to an annuity, or surrender such policy, in which case the cash proceeds thereof shall be included as part of the account balance of such Participant and distributed accordingly.
Appears in 10 contracts
Samples: Adoption Agreement Dreyfus Standardized (Premier Strategic Growth Fund), Adoption Agreement Dreyfus Standardized (Dreyfus Growth Opportunity Fund Inc), Adoption Agreement Dreyfus Standardized (Dreyfus Global Growth Fund)
