Cashouts Of Amounts Not Exceeding Stated Limit Clause Samples
Cashouts Of Amounts Not Exceeding Stated Limit. If the vested amount credited to the Participant’s Account does not exceed the limit established for this purpose by the Plan Sponsor in Section 6.01(e) of the Adoption Agreement at the time he separates from service with the Related Employer for any reason, the Employer shall distribute such amount to the Participant at the time specified in Section 6.01(a) of the Adoption Agreement in a single lump sum cash payment following such termination regardless of whether the Participant had made different elections of time or form of payment as to the vested amount credited to his Account or whether the Participant was receiving installments at the time of such termination. A Participant’s Account, for purposes of this Section 9.5, shall include any amounts described in Section 1.3.
Cashouts Of Amounts Not Exceeding Stated Limit. If the vested amount credited to the Participant’s Account and Other Accounts does not exceed the limit established for this purpose by the Plan Sponsor in Section 6.01(e) of the Adoption Agreement at the time he undergoes a Separation from Service with the Related Employer for any reason, the Employer shall distribute such amount to the Participant at the time specified in Section 6.01(a) of the Adoption Agreement in a single lump sum cash payment following such Separation from Service regardless of whether the Participant had made different elections of time or form of payment as to the vested amount credited to his Account or whether the Participant was receiving installments at the time of such termination. A Participant’s Account, for purposes of this Section 9.5, shall include any amounts described in Section 1.3. If a distribution under this Section 9.5 is delayed pursuant to Section 9.6, then in the event the Account and Other Accounts have increased in value so that their aggregate value exceeds the amount specified in Section 6.01(e) of the Adoption Agreement, then such Account and Other Accounts shall instead be paid in accordance with the applicable plan and plans and deferral elections thereunder.
Cashouts Of Amounts Not Exceeding Stated Limit. If the vested amount credited to the Participant’s Account does not exceed the limit established for this purpose by the Employer in Section 6.01e of the Adoption Agreement at the time he separates from service with the Employer for any reason, the Employer shall distribute such amount to the Participant in a single lump sum cash payment as soon as practicable following such termination regardless of whether the Participant had made different elections of time or form of payment as to the vested amount credited to his Account or whether the Participant was receiving installments at the time of such termination.
Cashouts Of Amounts Not Exceeding Stated Limit. Key Employees
Cashouts Of Amounts Not Exceeding Stated Limit. 9.6 Key Employees 9.7 Change in Control
Cashouts Of Amounts Not Exceeding Stated Limit. Required Delay in Payment to Key Employees