Values and Allocation Among Investment Funds. All withdrawals pursuant to this Article 7 shall be based upon the value of the relevant Account(s) on the Valuation Date as of which the Administrative Committee directs the withdrawal to be effective. If the Participant's Basic Account is invested in more than one Investment Fund, such withdrawal shall be allocated pro rata among such Funds unless the Administrative Committee shall otherwise direct. Any amounts withdrawn pursuant to this Article 7 shall be paid to a Participant in cash (except as the Administrative Committee shall otherwise direct), as soon as administratively practicable after the Valuation Date as of which such withdrawal is effective.
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Samples: Employees' Savings, Investment and Profit Sharing Plan (Revlon Inc /De/), Employee Retirement Plan (Cosmetic Center Inc)
Values and Allocation Among Investment Funds. All withdrawals pursuant to this Article 7 6 shall be based upon the value of the relevant Account(s) on the Valuation Date as of which the Administrative Committee directs the withdrawal to be is effective. If the Participant's Basic Account is and Pre-IPO Matching Contributions Account are invested in more than one Investment Fund, such withdrawal shall be allocated pro rata among such Funds unless the Administrative Committee shall otherwise direct. Any amounts withdrawn pursuant to this Article 7 6 shall be paid to a Participant in cash (except as the Administrative Committee shall otherwise direct), as soon as administratively practicable after the Valuation Date as of which such withdrawal is effective.
Appears in 1 contract
Samples: Employees' Savings, Investment and Profit Sharing Plan (Revlon Inc /De/)
Values and Allocation Among Investment Funds. All withdrawals pursuant to this Article 7 6 shall be based upon the value of the relevant Account(s) on the Valuation Date as of which the Administrative Committee directs the withdrawal to be is effective. If the Participant's Basic Account, Pre-IPO Matching Contributions Account, Company Match Account, Old Profit Share Account is and New Profit Share Account are invested in more than one Investment Fund, such withdrawal shall be allocated pro rata among such Funds unless the Administrative Committee shall otherwise direct. Any amounts withdrawn pursuant to this Article 7 6 shall be paid to a Participant in cash (except as the Administrative Committee shall otherwise direct), as soon as administratively practicable after the Valuation Date as of which such withdrawal is effective.
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