Distributable Event definition

Distributable Event means an event identified as such in Section 6.1.

Distributable Event means an event described in Section 5.1.

Distributable Event means a Distributable Event as defined in the Savings Plan.

Examples of Distributable Event in a sentence

• A Participant’s vested benefit shall be adjusted to reflect Investment Credits and Debits for all Valuation Dates between Plan Termination and the occurrence of a Participant’s Distributable Event.

• All payments from the Plan shall be subject to applicable tax withholding and shall commence (or be fully paid, in the event a lump sum form of distribution was selected) no later than ninety (90) days after the occurrence of the Distributable Event, except as otherwise provided herein.

• If the Plan is terminated in accordance with this Section 10.2, the Plan Administrator shall make distribution of the Participant’s vested benefit upon the occurrence of a Distributable Event with respect to a Participant.

• Upon a Distributable Event, except as otherwise provided under the Plan, any amount of the benefit payment credited to the Account of the Participant that is not vested shall be forfeited.

• Further, in no event will any such change in payment option be effective if such change is elected during the calendar year in which the Distributable Event occurs and no further elections may be made once a Distributable Event occurs.

More Definitions of Distributable Event

Distributable Event means a “triggering” event for a distribution to a Participant. A Participant’s Distributable Events are described in Section 5.1.

Distributable Event means an event for which a distribution of benefits is made under Section 5.1.

Distributable Event means the Participant is employed by the Company or a Subsidiary on the date:

Distributable Event means the event that triggers a distribution under the Plan including a Separation From Service, death, becoming Disabled or a Scheduled Withdrawal Date.

Distributable Event means the earliest of the following to occur with respect to a Participant:

Distributable Event means the date upon which the Participant terminates employment with the Employer, dies or becomes Disabled.

Distributable Event means an event identified as such in Section 7.1 of the Plan.