Normal Benefit Date definition

Normal Benefit Date means June 30, 2022.

Normal Benefit Date means the later of the Normal Benefit Age or the Director's Termination of Service.

Normal Benefit Date means the end of Plan Year 10.

Examples of Normal Benefit Date in a sentence

• The benefit determined hereunder shall commence on Executive’s Normal Benefit Date and shall be payable in the Normal Benefit Form, unless Executive has made a timely election to receive installment payments, in which case, the Executive’s election shall control.

• Within sixty (60) days following a Participant’s Termination of Service before his/her Normal Benefit Date for reasons other than his/her death or Disability, the Company shall pay to the Participant in a lump sum an amount equal to the amount of Deposits and Matching Credits credited to his/her Account, less the amount of such Deposits and Matching Credits previously paid to him/her.

• Such benefit shall be payable as provided in Section 4.8(a)(i) hereof as if he/she had reached his/her Normal Benefit Date at such time.

• The Yearly Benefit Amount shall commence on Executive’s Normal Benefit Date and shall be payable in the Normal Benefit Form, unless Executive has made a timely election to receive installment payments, in which case, the Executive’s election shall control.

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More Definitions of Normal Benefit Date

Normal Benefit Date shall be 30 days following Executive’s Separation from Service (other than due to death or Disability). In the event of Executive’s death, the Normal Benefit Date shall mean the first day of the second month following the month in which Executive’s death occurs. In the event of the Executive’s Disability, the Normal Benefit Date shall be the Benefit Age set forth in Executive’s Participation Agreement, unless the Executive has elected to have the Disability Benefit commence on the first day of the second month following the determination of Disability. Notwithstanding the above, in the event that the Company or its successor is a publicly traded company, then the Normal Benefit Date for any Executive who is a Specified Employee shall be 180 days following the Executive’s Separation from Service (other than due to death or Disability).

Normal Benefit Date means June 30, 2022 with respect to contributions made pursuant to Section 3(a) of this Agreement, and June 30, 2027 with respect to contributions made pursuant to Section 3(b) of this Agreement.

Normal Benefit Date means the later of (i) the first day of the month following the month in which a Participant reaches Normal Retirement Age, or (ii) twelve (12) months after the Participant’s initial deferral into the Plan.

Normal Benefit Date means the date of Termination of Service of the Participant when he attains age sixty-five.

Normal Benefit Date means the date a Participant ceases to be a director of the Company, other than as a result of the death of such Participant.

Normal Benefit Date means the date of Termination of Service of the Participant on or after he/she attains age 65 and has completed five Years of Service with the Company.

Normal Benefit Date shall be 180 days following Executive's Separation from Service (other than due to death or Disability). In the event of Executive's death, the Normal Benefit Date shall mean the first day of the second month following the month in which Executive's death occurs. In the event of the Executive's Disability, the Normal Benefit Date shall be the Benefit Age set forth in Executive's Participation Agreement, unless the Executive has elected to have the Disability Benefit commence on the first day of the second month following the determination of Disability.