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.

• In the event of a Participant's death prior to a Scheduled Withdrawal Date, the Participant's entire Withdrawal Amount shall be paid as soon as practicable after the Termination in a lump sum in cash.

• 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.

• A Participant may make separate Scheduled Withdrawal Date elections for his deferrals of Compensation (excluding any investment earnings on such amounts) with respect to different Plan Years.

• The proceeds would either be paid to the Unit Holder or, if the units have a Scheduled Withdrawal Date, reinvested pursuant to the Trust Deed.

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 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 the distribution elected by the Participant pursuant to Section 6.1

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

Scheduled Withdrawal means a distribution of all or a portion of the entire vested amount credited to the Participant’s Account requested by the Participant pursuant to the provisions of Article 10 of the Plan.

Scheduled Withdrawal means a distribution to a Participant prior to termination of employment pursuant to Sections 4.4 and 6.5 of this Plan.