VALUE OF PARTICIPANT'S ACCRUED BENEFIT. If a distribution (other than a distribution from a segregated Account and other than a corrective distribution described in Sections 14.07, 14.08, 14.09 or 14.10 of the Plan) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c)) [X] (a) 0% per annum. [Note: The percentage may equal 0%.] [ ] (b) The 90 day Treasury bill xxxe in effect at the beginning of the current valuation period. [ ] (c) (Specify) _.
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. If a distribution (other than a distribution from a segregated Account) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c))
(a) per annum. [Note: The percentage may equal 0%.]
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive of the cash value of incidental benefit insurance contracts) bears to the total net credit balance in the Accounts (exclusive of the cash value of the incidental benefit insurance contracts) of all Participants plus the cash surrender value of any incidental benefit insurance contracts held by the Trustee on the Participant's life. For purposes of a distribution under the Plan, the value of a Participant's Accrued Benefit is its value as of the valuation date immediately preceding the date of the distribution. Any distribution (other than a distribution from a segregated Account) made to a Participant (or to his Beneficiary) more than 90 days after the most recent valuation date may include interest on the amount of the distribution as an expense of the Trust Fund. The interest, if any, accrues from such valuation date to the date of the distribution at the rate established in the Employer's Adoption Agreement.
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive of the cash value of
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. If a distribution (other -------------------------------------- than a distribution from a segregated Account and other than a corrective distribution described in Sections 14.07, 14.08, 14.09 or 14.10 of the Plan) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c)) [X] (a) 0% per annum. [Note: The percentage may equal 0%.] [ ] (b) The 90 day Treasury bill rate in effect at the bxxxxning of the current valuation period. [ ] (c) (Specify) . ---------------------------------------------
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. If a distribution (other than -------------------------------------- a distribution from a segregated Account and other than a corrective distribution described in Sections 14.07, 14.08, 14.09 or 14.10 of the Plan) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (CHOOSE (A), (B) OR (C)) [X] (a) 0% per annum. [NOTE: THE PERCENTAGE MAY EQUAL 0%.] - [ ] (b) The 90 day Treasury bxxx rate in effect at the beginning of the current valuation period. [ ] (c) (SPECIFY) . ----------------------------------------------------------
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive of the cash value of incidental benefit insurance contracts) bears to the total net credit balance in the Accounts (exclusive of the cash value of the incidental benefit insurance contracts) of all Participants plus the cash surrender value of any incidental benefit insurance contracts held by the Trustee on the Participant's life.
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. 42 9.06 ALLOCATIONS TO PARTICIPANTS' ACCOUNTS............. 42 9.07 UNCLAIMED ACCOUNT PROCEDURE....................... 44 9.08 TERM.............................................. 45 9.09 POWERS............................................ 45 9.10
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. If any or all Plan investment accounts are pooled, each Participant’s Account(s) has an undivided interest in the assets comprising the pooled account. In a pooled account, the value of each Participant’s Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Trust Fund which the net credit balance in his or her Account(s) (exclusive of the cash value of incidental benefit insurance contracts) bears to the total net credit balance in the Accounts (exclusive of the cash value of the incidental benefit insurance contracts) of all Participants, plus the cash surrender value of any incidental benefit insurance contracts held by the Trustee on the Participant’s life. If any or all Plan investment accounts are Participant directed, the directing Participant’s Accrued Benefit is comprised of the assets held within such Participant’s Account(s) and the value of such Participant’s Account(s) is the fair market value of such assets. For purposes of a distribution under the Plan, the value of a Participant’s Accrued Benefit is its value as of the valuation date immediately preceding the date of the distribution.
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that portion of the net worth (at fair market value) of the Plan which the net credit balance in his Accounts bears to the total net credit balance in the Accounts of all Participants in the Plan. For purposes of a distribution under the Plan, the value of a Participant's Accrued Benefit is its value as of the valuation date immediately preceding the date of the distribution. A Participant's Accrued Benefit shall not include or be deemed to include, any Employer Security held in a suspense account, as provided in Section 10.03(B).
