Automatic Form of Payment. The form of payment to a Participant shall be a Qualified Joint and Survivor Annuity (defined in (b) below) if: (1) the value of his vested Account balance exceeds $5,000; and (2) the Participant has not waived such Annuity pursuant to (c) below.
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Sources: 401(k) Retirement Savings Plan (Lsi Industries Inc), Retirement Plan (Lsi Industries Inc), Retirement Plan (Lsi Industries Inc)