Common use of Distribution Beginning After Death Clause in Contracts

Distribution Beginning After Death. If the Participant dies before distribution of his or her nonforfeitable interest begins, distribution of the Participant's entire nonforfeitable interest shall be completed by December 31 of the calendar year containing the fifth anniversary of the Participant's death except to the extent that an election is made to receive distributions in accordance with (1) or (2) below:

Appears in 4 contracts

Sources: Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc), Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc), 401(k) Adoption Agreement (Oshkosh B Gosh Inc)

Distribution Beginning After Death. If the Participant dies before distribution of his or her nonforfeitable interest begins, distribution of the Participant's entire nonforfeitable interest shall be completed by December 31 of the calendar year containing the fifth anniversary of the Participant's death except to the extent that an election is made to receive distributions in accordance with (1a) or (2b) below:

Appears in 2 contracts

Sources: Adoption Agreement (Abbott Laboratories), 401(k) Profit Sharing Plan Adoption Agreement (Miami Computer Supply Corp)

Distribution Beginning After Death. i) If the Participant Member dies before distribution of his or her nonforfeitable interest begins, distribution of the ParticipantMember's entire nonforfeitable interest shall be completed by December 31 of the calendar year containing the fifth anniversary of the ParticipantMember's death except to the extent that an election is made to receive distributions in accordance with (1) A or (2) B below:

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan (Community Bancorp)

Distribution Beginning After Death. If the Participant dies before distribution of his or her nonforfeitable interest begins, distribution of the Participant's entire nonforfeitable interest shall be completed by December 31 of the calendar year containing the fifth anniversary of the Participant's death except to the extent that an election is made to receive distributions in accordance with (1a) or (2b) below:: -45-

Appears in 1 contract

Sources: Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Cornell Corrections Inc)

Distribution Beginning After Death. If the Participant participant dies before distribution of his or her nonforfeitable interest begins, begins distribution of the Participantparticipant's entire nonforfeitable interest shall be completed by December 31 of the calendar year containing the fifth anniversary of the Participantparticipant's death except to the extent that an election is made to receive distributions in accordance with (1a) or (2b) below:

Appears in 1 contract

Sources: Adoption Agreement for a Non Standardized 401(k) Plan (Interpool Inc)

Distribution Beginning After Death. If the Participant Member dies before distribution of his or her nonforfeitable interest begins, distribution of the Participant's Member’s entire nonforfeitable interest shall be completed by December 31 of the calendar year containing the fifth anniversary of the Participant's Member’s death except to the extent that an election is made to receive distributions in accordance with (1) A or (2) B below:

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan Adoption Agreement (First Financial Northwest, Inc.)

Distribution Beginning After Death. If the Participant dies before distribution of his or her nonforfeitable Plan interest begins, distribution of the Participant's entire nonforfeitable Plan interest shall must be completed by December 31 of the calendar year containing the fifth anniversary of the Participant's death his or her death, except to the extent that an election is made to receive distributions in accordance with under (1a) or (2b) below:

Appears in 1 contract

Sources: 401(k) Profit Sharing Adoption Agreement (Kevco Inc)