Examples of Small Accounts in a sentence
Every Shareholder, by virtue of purchasing Shares and becoming a Shareholder, shall be held to have expressly assented and agreed to the terms of this Declaration and any other governing instrument and shall be bound thereby.Section 4.4. Ownership and Transfer of Shares; Small Accounts.
The Trustees shall have full power and authority, in their sole discretion, to divide or combine the Shares into a greater or lesser number without thereby changing the proportionate beneficial interests in the Trust, or to take such other action with respect to the Shares as the Trustees may deem desirable.Section 5.5. Ownership of Shares; Small Accounts.
The section captioned "How to Sell Shares - Small Accounts" is deleted and replaced with the following: Involuntary Redemption of Small Accounts.
Every Shareholder, by virtue of purchasing Shares and becoming a Shareholder, shall be held to have expressly assented and agreed to the terms of this Declaration and shall be bound thereby.Section 4.4. Ownership and Transfer of Shares; Small Accounts.
If a Participant dies while still employed with the Company and prior to Retirement or Termination of Employment, the Participant’s benefits shall be paid to the Participant’s Beneficiary in a lump sum within sixty (60) days of the Participant’s death.6.060 Small Accounts.
For Plan Years beginning in or after 1997, this subsection (d) shall be deleted from the Plan.2. Section 6.07, Distribution of Small Accounts, is amended, effective July 1, 1998, by replacing the section in its entirety with the following new section: Section 6.07, Distribution of Small Accounts.
Selling Your Shares Closing of Small Accounts If your account falls below $500, the Fund may ask you to increase your balance.
Small Accounts payment (NOTE: this is in addition to the default deminimis provision that allows the Company to pay the Participant’s vested Account Balance at any time if it does not exceed the then applicable limit of §402(g)(1)(B) of the Code and results in the termination of the Participant’s entire interest in the Plan.) None (recommended) h.
Section 8.8 is amended in its entirety to provide as follows: 8.8 Cash-Outs of Small Accounts.
Except as expressly provided in Section 2.7 of this Appendix, in no event shall the provisions of Section 7.1(a)(3) (Small Accounts), Section 7.1(b) (Distribution on a Scheduled Withdrawal Date), Section 7.1(c) (Distribution upon Death), Section 7.2 (Early Distributions), Section 7.3 (Hardship Distribution), Section 7.4(a) (Effect of a Change in Control) or Section 9.9 (Compliance with Code Section 162(m)) be applicable with respect to a Participant’s Section 409A Deferred Compensation.