Common use of Transitional Rule Clause in Contracts

Transitional Rule. 1. Notwithstanding the other requirements of this Section 6.06 and subject to the requirements of Section 6.05, Joint and Survivor Annuity Requirements, distribution on behalf of any Employee, including a 5% owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): a. The distribution by the Fund is one which would not have qualified such Fund under Section 401(a)(9) of the Code as in effect prior to amendment by the Deficit Reduction Act of 1984. b. The distribution is in accordance with a method of distribution designated by the Employee whose interest in the Fund is being distributed or, if the Employee is deceased, by a Beneficiary of such Employee. c. Such designation was in writing, was signed by the Employee or the Beneficiary, and was made before January 1, 1984. d. The Employee had accrued a benefit under the Plan as of December 31, 1983. e. The method of distribution designated by the Employee or the Beneficiary specifies the time at which distribution will commence, the period over which distributions will be made, and in the case of any distribution upon the Employee's death, the Beneficiaries of the Employee listed in order of priority. 2. A distribution upon death will not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to the distributions to be made upon the death of the Employee. 3. For any distribution which commences before January 1, 1984, but continues after December 31, 1983, the Employee, or the Beneficiary, to whom such distribution is being made, will be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in Sections 6.06(G)(1)(a) and (e). 4. If a designation is revoked, any subsequent distribution must satisfy the requirements of Section 401(a)(9) of the Code and the regulations thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan must distribute by the end of the calendar year following the calendar year in which

Transitional Rule. 1. Notwithstanding the other requirements of this Section 6.06 and subject to the requirements of Section 6.05, Joint and Survivor Annuity Requirements, distribution on behalf of any Employee, including a 5% owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): a. The distribution by the Fund is one which would not have qualified such Fund under Section 401(a)(9) of the Code as in effect prior to amendment by the Deficit Reduction Act of 1984. b. The distribution is in accordance with a method of distribution designated by the Employee whose interest in the Fund is being distributed or, if the Employee is deceased, by a Beneficiary of such Employee. c. Such designation was in writingWriting, was signed by the Employee or the Beneficiary, and was made before January 1, 1984. d. The Employee had accrued a benefit under the Plan as of December 31, 1983. e. The method of distribution designated by the Employee or the Beneficiary specifies the time at which distribution will commence, the period over which distributions will be made, and in the case of any distribution upon the Employee's death, the Beneficiaries of the Employee listed in order of priority. 2. A distribution upon Upon death will not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to the distributions to be made upon the death of the Employee. 3. For any distribution which commences before January 1, 1984, but continues after December 31, 1983, the Employee, or the Beneficiary, to whom such distribution is being made, will be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in Sections 6.06(G)(1)(a6.06(G)(J)(a) and (e). 4. If a designation is revoked, any subsequent distribution must satisfy the requirements of Section 401(a)(9) of the Code and the regulations thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan must distribute by the end of the calendar year following the calendar year in whichwhich the revocation occurs the total amount not yet distributed which would have been required to have been distributed to satisfy Section 401(a)(9) of the Code and the regulations thereunder, but for the Section 242(b)

Transitional Rule. 1. (i) Notwithstanding the other requirements of this Section 6.06 and subject to the requirements of Section 6.05, Joint and Survivor Annuity RequirementsArticle XI, distribution on behalf of any Employee, including a 5% ownerFive-Percent Owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): a. (A) The distribution by the Fund Plan is one which would not have qualified disqualified such Fund Plan under Section section 401(a)(9) of the Code as in effect prior to amendment by the Deficit Reduction Act of 1984. b. (B) The distribution is in accordance with a method of distribution designated by the Employee whose interest in the Fund Plan is being distributed or, if the Employee is deceased, by a Beneficiary of such Employee. c. (C) Such designation was in writing, was signed by the Employee or the Beneficiary, and was made before January 1, 1984. d. (D) The Employee had accrued a benefit under the Plan as of December 31, 1983. e. (E) The method of distribution designated by the Employee or the Beneficiary specifies the time at which distribution will commence, the period over which distributions will be made, and in the case of any distribution upon the Employee's death, the Beneficiaries of the Employee listed in order of priority. 2. (ii) A distribution upon death will not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to the distributions to be made upon the death of the Employee. 3. (iii) For any distribution which commences before January 1, 1984, but continues after December 31, 1983, the Employee, Employee or the Beneficiary, Beneficiary to whom such distribution is being made, will be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in Sections 6.06(G)(1)(asubparagraphs (d)(i)(A) and (eE). 4. (iv) If a designation is revoked, any subsequent distribution must satisfy the requirements of Section section 401(a)(9) of the Code and the proposed regulations thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan must distribute distribute, by the end of the calendar year following the calendar year in whichwhich the revocation occurs, the total amount not yet distributed which would have been required to have been distributed to satisfy section 401(a)(9) of the Code and the proposed regulations thereunder, but for the Code section 242(b)

Transitional Rule. 1. (a) Notwithstanding the other requirements of this Section 6.06 Article and subject to the requirements of Section 6.05Article IX, Joint and Survivor Annuity Requirements, distribution on behalf of any Employee, including a 5% -percent owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): a. (1) The distribution by the Fund trust is one which would not have qualified disqualified such Fund trust under Section 401(a)(9) of the Code as in effect prior to amendment by the Deficit Reduction Act of 1984. b. (2) The distribution is in accordance with a method of distribution designated by the Employee whose interest in the Fund trust is being distributed or, if the Employee is deceased, by a Beneficiary of such Employee. c. (3) Such designation was in writing, was signed by the Employee or the Beneficiary, and was made before January 1, 1984. d. (4) The Employee had accrued a benefit under the Plan as of December 31, 1983. e. (5) The method of distribution designated by the Employee or the Beneficiary specifies the time at which distribution will shall commence, the period over which distributions will shall be made, and in the case of any distribution upon the Employee's death, the Beneficiaries of the Employee listed in order of priority. 2. (b) A distribution upon death will shall not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to the distributions to be made upon the death of the Employee. 3. (c) For any distribution which commences before January 1, 1984, but continues after December 31, 1983, the Employee, or the Beneficiary, to whom such distribution is being made, will shall be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in Sections 6.06(G)(1)(asubsections 10.06(a)(1) and (e5). 4. (d) If a designation is revoked, revoked any subsequent distribution must satisfy the requirements of Section 401(a)(9) of the Code and the proposed regulations thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan trust must distribute by the end of the calendar year following the calendar year in whichwhich the revocation occurs the total amount not yet distributed which would have been required to have been distributed to satisfy Section 401(a)(9) of the Code and the proposed regulations thereunder, but for the Section 242(b)

Transitional Rule. 1. Notwithstanding the other requirements of this Section 6.06 and subject to the requirements of Section 6.05, Joint and Survivor Annuity Requirements, distribution on behalf of any Employee, including a 5% owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): a. The distribution by the Fund is one which would not have qualified such Fund under Section 401(a)(9) of the Code as in effect prior to amendment by the Deficit Reduction Act of 1984. b. The distribution is in accordance with a method of distribution designated by the Employee whose interest in the Fund is being distributed or, if the Employee is deceased, by a Beneficiary of such Employee. c. Such designation was in writing, was signed by the Employee or the Beneficiary, and was made before January 1, 1984. d. The Employee had accrued a benefit under the Plan as of December 31, 1983. e. The method of distribution designated by the Employee or the Beneficiary specifies the time at which distribution will commence, the period over which distributions will be made, and in the case of any distribution upon the Employee's death, the Beneficiaries of the Employee listed in order of priority. 2. A distribution upon death will not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to the distributions to be made upon the death of the Employee. 3. For any distribution which commences before January 1, 1984, but continues after December 31, 1983, the Employee, or the Beneficiary, to whom such distribution is being made, will be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in Sections 6.06(G)(1)(a) and (e). 4. If a designation is revoked, any subsequent distribution must satisfy the requirements of Section 401(a)(9401 (a)(9) of the Code and the regulations thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan must distribute by the end of the calendar year following the calendar year in whichwhich the revocation occurs the total amount not yet distributed which would have been required to have been distributed to satisfy Section 401(a)(9) of the Code and the regulations thereunder, but for the Section 242(b)

Transitional Rule. 1. (a) Notwithstanding the other requirements of this Section 6.06 article and subject to the requirements of Section 6.05Article VIII, Joint and Survivor Annuity Requirements, distribution on behalf of any Employee, including a 5% 5 percent owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): a. (i) The distribution by the Fund trust is one which would not have qualified disqualified such Fund trust under Code Section 401(a)(9) of the Code as in effect prior to amendment by the Deficit Reduction Act of 1984. b. (ii) The distribution is in accordance with a method of distribution designated by the Employee employee whose interest in the Fund trust is being distributed or, if the Employee employee is deceased, by a Beneficiary beneficiary of such Employeeemployee. c. (iii) Such designation was in writing, was signed by the Employee employee or the Beneficiarybeneficiary, and was made before January 1, 1984. d. (iv) The Employee had has accrued a benefit under the Plan as of December 31, 1983. e. (v) The method of distribution designated by the Employee or the Beneficiary beneficiary specifies the time at which distribution will commence, the period over which distributions will be made, and in the case of any distribution upon the Employee's death, the Beneficiaries beneficiaries of the Employee listed in order of priority. 2. (b) A distribution upon death will not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to the distributions to be made upon the death of the Employee. 3. (c) For any distribution which commences before January 1, 1984, but continues after December 31, 1983, the Employee, or the Beneficiarybeneficiary, to whom such distribution is being made, will be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in Sections 6.06(G)(1)(asub paragraphs (a)(i) and (e)a)(v) above. 4. (d) If a designation is revoked, any subsequent distribution must satisfy the requirements of Code Section 401(a)(9) of the Code and the regulations Regulations thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan must distribute by the end of the calendar year following the calendar year in whichthe

Transitional Rule. 1. Notwithstanding the other requirements of this Section 6.06 and subject to the requirements of Section 6.05, Joint and Survivor Annuity Requirements, distribution on behalf of any Employee, including a 5% owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): a. The distribution by the Fund is one which would not have qualified such Fund under Section 401(a)(9) of the Code as in effect prior to amendment by the Deficit Reduction Act of 1984. b. The distribution is in accordance with a method of distribution designated by the Employee whose interest in the Fund is being distributed or, if the Employee is deceased, by a Beneficiary of such Employee. c. Such designation was in writing, was signed by the Employee or the Beneficiary, and was made before January 1, 1984. d. The Employee had accrued a benefit under the Plan as of December 31, 1983. e. The method of distribution designated by the Employee or the Beneficiary specifies the time at which distribution will commence, the period over which distributions will be made, and in the case of any distribution upon the Employee's death, the Beneficiaries of the Employee listed in order of priority. 2. A distribution upon death will not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to the distributions to be made upon the death of the Employee. 3. For any distribution which commences before January 1, 19841994, but continues after December 31, 1983, the Employee, or the Beneficiary, to whom such distribution is being made, will be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in Sections 6.06(G)(1)(a) and (e). 4. If a designation is revoked, any subsequent distribution must satisfy the requirements of Section 401(a)(9) of the Code and the regulations thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan must distribute by the end of the calendar year following the calendar year in whichwhich the revocation occurs the total amount not yet distributed which would have been required to have been distributed to satisfy Section 401(a)(9) of the Code and the regulations thereunder, but for the Section 242(b)

Transitional Rule. 1. Notwithstanding the other requirements of this Section 6.06 and subject to the requirements of Section 6.05, Joint and Survivor Annuity Requirements, distribution on behalf of any Employee, including a 5% owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences): a. The distribution by the Fund is one which would not have qualified such Fund under Section 401(a)(9) of the Code as in effect prior to amendment by the Deficit Reduction Act of 1984. b. The distribution is in accordance with a method of distribution designated by the Employee whose interest in the Fund is being distributed or, if the Employee is deceased, by a Beneficiary of such Employee. c. Such designation was in writing, was signed by the Employee or the Beneficiary, and was made before January 1, 1984. d. The Employee had accrued a benefit under the Plan as of December 31, 1983. e. The method of distribution designated by the Employee or the Beneficiary specifies the time at which distribution will commence, the period over which distributions will be made, and in the case of any distribution upon the Employee's death, the Beneficiaries of the Employee listed in order of priority. 2. A distribution upon death will not be covered by this transitional rule unless the information in the designation contains the required information described above with respect to the distributions to be made upon the death of the Employee. 3. For any distribution which commences before January 1, 1984198-4, but continues after December 31, 1983, the Employee, or the Beneficiary, Beneficiary to whom such distribution is being made, will be presumed to have designated the method of distribution under which the distribution is being made if the method of distribution was specified in writing and the distribution satisfies the requirements in Sections 6.06(G)(1)(a) and (e). 4. If a designation is revoked, any subsequent distribution must satisfy the requirements of Section 401(a)(9) of the Code and the regulations thereunder. If a designation is revoked subsequent to the date distributions are required to begin, the Plan must distribute by the end of the calendar year following the calendar year in whichwhich the revocation occurs the total amount not yet distributed which would have been required to have been distributed to satisfy Section 401(a)(9) of the Code and the regulations thereunder, but for the Section 242(b)