Specified Distribution Date definition

Specified Distribution Date means the specific date designated by a Participant pursuant to clause (ii) of Section 5.01(a).

Specified Distribution Date means a Business Day selected by a Participant pursuant to Section 5.01(a).

Specified Distribution Date means (a) a specific time within the meaning of section 409A of the Code and the regulations issued thereunder that is designated by the Participant in his or her Enrollment Agreement or Amended Enrollment Agreement, as applicable; (b) provided, however, that (1) the Specified Distribution Date must be designated as a calendar year; (2) such calendar year must be later than the calendar year in which the Participant has vested in all of the amounts credited to his or her Account pursuant to Article VI; and (3) subject to Section 7.01, such date shall be deemed to be January of such calendar year.

Examples of Specified Distribution Date in a sentence

• The Specified Distribution Date for the Special Purpose Subaccount shall be the month and year designated by the Participant on his or her initial Deferral Agreement establishing that Special Purpose Subaccount, unless otherwise modified in accordance with the provisions of Section 5.03.

• A Participant may irrevocably elect to receive a distribution from the Plan of his or her vested Specified Date Payout Account Balance on a Specified Distribution Date.

• By way of example, if the Participant elects a ten (10) year Annual Installment Method, the first payment shall be 1/10 of the applicable portion of the Account Balance (or the Specified Date Payout Account Balance, in the event of a Specified Distribution Date election), calculated as described in this definition.

• Amounts in your “In-Service Subaccount” are paid on the earliest of your “Specified Distribution Date,” your Retirement or your death.) Restrictions on Subsequent Elections: • Any new Specified Distribution Date you elect would have to be at least 5 years later than the Specified Distribution Date then in effect.

• A Participant shall elect on each Election Form whether the Specified Date Payout Account Balance applicable to the Specified Distribution Date election shall be paid in a lump sum or pursuant to an Annual Installment Method over a period of up to fifteen (15) years commencing on the Specified Distribution Date.

More Definitions of Specified Distribution Date

Specified Distribution Date means, as used with respect to a Deferred Stock Unit granted hereunder, the date that is the third anniversary of the Grant Date; provided that, as used with respect to a Deferred Stock Unit granted hereunder which the Grantee has elected to defer in accordance with Section 5.7(d) of the Plan, the date specified as the “Specified Distribution Date” on the Deferral Election Form relating to such Deferred Stock Unit.

Specified Distribution Date means the specified future date indicated on the Participant’s Election Form pursuant to an election made under Section 4.1.

Specified Distribution Date means, for deferrals made on or after August 1, 2017, a date specified by a Participant in his Deferral Election for the payment of such Participant’s Account (or subaccount, as applicable) relating to such Deferral Election.

Specified Distribution Date means, as used with respect to a Deferred Stock Unit evidenced hereby, the date that is the [ ] anniversary of the Grant Date; provided, that, as used with respect to a Deferred Stock Unit evidenced hereby that the Grantee has elected to defer in accordance with a properly and timely completed deferral election form, the date specified as the “Specified Distribution Date” on such deferral election form shall be the Specified Distribution Date for purposes of this Agreement; provided further, however, that the date specified on such deferral election form shall not be a date that is either (a) earlier than [ ], or (b) later than [ ].

Specified Distribution Date means, with respect to each Elective Deferral (as adjusted for earnings and losses), the later of:

Specified Distribution Date means a specific time, within the meaning of Section 409A of the Code and the regulations promulgated thereunder, that is designated by the Participant in his or her Enrollment Agreement or Amended Enrollment Agreement, as applicable; provided, however, that the Specified Distribution Date cannot be sooner than the date on which the Participant has: (a) vested in all of the amounts credited to his or her Defined Contribution Account pursuant to ARTICLE VI below, and (b) either: (1) attained age fifty-five (55), (2) died, or (3) determined to be Disabled.

Specified Distribution Date means the date on which a distribution from the Payment Account is to be made to a Beneficiary. The Specified Distribution Date shall be set forth in the written certification delivered by or on behalf of such Beneficiary pursuant to Section 5.3, 5.4, 5.5, 5.6, 5.7 or 5.8 hereof and shall not be earlier than: