Common use of Automatic Joint and Survivor Annuity Clause in Contracts

Automatic Joint and Survivor Annuity. If benefits in the form of a life annuity become payable to a married Participant who: (1) begins to receive payments under the Plan on or after Normal Retirement Age; or

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan Adoption Agreement (Antigenics Inc /De/)

Automatic Joint and Survivor Annuity. If benefits in the form of a life annuity become payable to a married Participant who: : (1i) begins to receive payments under the Plan on or after Normal Retirement Age; or

Appears in 1 contract

Sources: 401(k) Salary Reduction Adoption Agreement (PCB Holding Co)