Common use of Application to existing Account Balances Clause in Contracts

Application to existing Account Balances. The elimination of the distribution options described in subsection (1) applies to: (i) All benefits under the Plan, including existing Account Balances.  (ii) Only benefits accrued after the effective date of the elimination (as described above).

Appears in 1 contract

Sources: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement

Application to existing Account Balances. The elimination of the distribution options described in subsection (1) applies to: : ¨ (i) All benefits under the Plan, including existing Account Balances. ¨ (ii) Only benefits accrued after the effective date of the elimination (as described in subsection (c) above).

Appears in 1 contract

Sources: Volume Submitter Profit Sharing/401(k) Plan Adoption Agreement (Rayonier Advanced Materials Inc.)

Application to existing Account Balances. The elimination of the distribution options described in subsection (1) applies to: (i) All benefits under the Plan, including existing Account Balances.  (ii) Only benefits accrued after the effective date of the elimination (as described in subsection (c) above).

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement

Application to existing Account Balances. The elimination of the distribution options described in subsection (1) applies to: (i) All benefits under the Plan, including existing Account Balances. (ii) Only benefits accrued after the effective date of the elimination (as described in subsection (c) above).

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement

Application to existing Account Balances. The elimination of the distribution options described in subsection (1) applies to: : Sample Document □ (i) All benefits under the Plan, including existing Account Balances. (ii) Only benefits accrued after the effective date of the elimination (as described in subsection (c) above).

Appears in 1 contract

Sources: Nonstandardized Prototype Profit Sharing/401(k) Plan Adoption Agreement