Scheduled Withdrawal definition

Scheduled Withdrawal means the distribution elected by the Participant pursuant to Article 7 of the Plan.

Scheduled Withdrawal means the distribution date elected by the Participant for an in-service withdrawal from such Accounts deferred in a given Plan Year, and earnings and losses attributable thereto, as set forth on the election form for such Plan Year.

Scheduled Withdrawal means a distribution of all or a portion of the Stock Units credited to the Participant as elected by the Participant pursuant to the provisions of Section 5.4(g) of the Plan.

Examples of Scheduled Withdrawal in a sentence

• On the Scheduled Withdrawal Date each year (or on the next business day if the Scheduled Withdrawal Date is not a business day) We will transfer the entire balance then on deposit to Your Share Account.

• A Participant shall not be required to elect a Scheduled Withdrawal Date with respect to his deferrals of Compensation for a Plan Year and, if a Participant fails to make an election of a Scheduled Withdrawal Date for a Plan Year, no Scheduled Withdrawal Date shall apply with respect to his deferrals of Compensation for such Plan Year.

• The election of a Scheduled Withdrawal will only apply to the Annual Deferral, Matching Credits and related earnings for that Deferral Period, or the Qualified Award gain specified on the Alternative Exercise Agreement and related earnings.

• The Scheduled Withdrawal payment shall be paid by the Company to the Participant no later than the last day of January of the Plan Year elected by the Participant in the Participant Election Form unless preceded by Termination of Employment.

• Any Scheduled Withdrawal election will be superseded by distributions due to the Retirement, Termination of Employment or death of the Participant.

More Definitions of Scheduled Withdrawal

Scheduled Withdrawal means a distribution prior to termination of employment pursuant to Section 6.6.

Scheduled Withdrawal means the amount of Compensation deferred by a Participant in a given Plan year, and earnings and losses attributable thereto, which the Participant elected at the time that the corresponding deferral election was made to have distributed in-service at a Scheduled Withdrawal Date. A Participant may not elect to receive a Scheduled Withdrawal equal to an amount other than the total amount of Compensation (and related earnings or losses) deferred during the Plan Year to which the Scheduled Withdrawal relates.

Scheduled Withdrawal means the distribution elected by the Participant pursuant to Section 6.1

Scheduled Withdrawal means a distribution of all or a portion of the Deferrals credited to a Participant’s Account in the year elected by the Participant for such distribution.

Scheduled Withdrawal means a distribution to a Participant prior to termination of employment pursuant to Sections 4.4 and 6.7 of this Plan.

Scheduled Withdrawal means a distribution to be made on a Scheduled Withdrawal Date, which may be either prior to or after a Participant’s Termination of Employment, pursuant to Section 6.6.”

Scheduled Withdrawal means a distribution elected by a Participant pursuant to Article 7 of the Plan.