Withdrawals During Employment. 5.7.1 If the Plan is a profit-sharing plan, and if the Employer has elected in the Adoption Agreement to permit withdrawals during Employment, prior to termination of Employment, each Participant upon attainment of age 59-1/2 may elect to withdraw, as of the Valuation Date next following the receipt of an election by the Administrator, and upon such notice as the Administrator may require, all or any part of the vested Account Balance of all of his or her Accounts, as of such Valuation Date.
Appears in 7 contracts
Samples: Adoption Agreement (MSC Industrial Direct Co Inc), Adoption Agreement (Sterling Financial Corp /Wa/), Adoption Agreement (Pennfed Financial Services Inc)
Withdrawals During Employment. 5.7.1 If the Plan is a profit-sharing plan, and if the Employer has elected in the Adoption Agreement to permit withdrawals during Employment, prior to termination of Employment, each Participant upon attainment of age 59-59 1/2 may elect to withdraw, as of the Valuation Date next following the receipt of an election by the Administrator, and upon such notice as the Administrator may require, all or any part of the vested Account Balance of all of his or her Accounts, as of such Valuation Date.
Appears in 1 contract
Samples: White Mountains Insurance Group Inc
Withdrawals During Employment. 5.7.1 If the Plan is a profit-sharing plan, and if the Employer has elected in the Adoption Agreement to permit withdrawals during Employment, prior to termination of Employment, each Participant upon attainment of age 59-59 1/2 may elect to withdraw, withdraw as of the Valuation Date next following the receipt of an election by the Administrator, and upon such notice as the Administrator may require, all or any part of the vested Account Balance of all of his or her Accounts, as of such Valuation Date.
Appears in 1 contract
Samples: Adoption Agreement (Labor Ready Inc)
Withdrawals During Employment. 5.7.1 Age 591/2 Withdrawal: If the Plan is a profit-profit sharing plan, and if the Employer has elected unless selected otherwise in the Adoption Agreement to permit withdrawals during EmploymentAgreement, prior to termination of Employment, each Participant upon attainment of age 59-1/2 may elect to withdraw, as of the Valuation Date next following the receipt of an election by the Administrator, 591/2 and upon such notice as the Plan Administrator may require, a Participant may elect to withdraw all or any part of the vested Account Balance of all of in his or her Accounts, Account as of such the Valuation DateDate immediately preceding the processing of this withdrawal.
Appears in 1 contract
Samples: Comstock Resources Inc
Withdrawals During Employment. 5.7.1 Age 59 1/2 Withdrawal: If the Plan is a profit-profit sharing plan, and if the Employer has elected unless selected otherwise in the Adoption Agreement to permit withdrawals during EmploymentAgreement, prior to termination of Employment, each Participant upon attainment of age 59-59 1/2 may elect to withdraw, as of the Valuation Date next following the receipt of an election by the Administrator, and upon such notice as the Plan Administrator may require, a Participant may elect to withdraw all or any part of the vested Account Balance of all of in his or her Accounts, Account as of such the Valuation DateDate immediately preceding the processing of this withdrawal.
Appears in 1 contract
Samples: Non Standardized (Atlas America Inc)