Common use of Distribution Election Form Clause in Contracts

Distribution Election Form. The term “Distribution Election Form” shall refer to the form established by the Company that a Participant completes, signs and returns to the Administrator to make an election regarding the form and/or timing of a distribution under this Agreement. Any changes to the Distribution Election Form must be made in compliance with the restrictions and limitations imposed by IRC 409A.

Appears in 2 contracts

Sources: Deferred Fee Agreement (Heritage Commerce Corp), Deferred Fee Agreement (Heritage Commerce Corp)