Common use of Distribution Events Clause in Contracts

Distribution Events. In addition to permitting distributions after a Participant’s Severance from Employment, or in accordance with Article VIII and Section 12.16 of the Plan, a Participant may also elect to receive a distribution in the following situations (check all that apply): (1) Elective Deferrals Account and ▇▇▇▇ Elective Deferrals Account (including Catch-Up Contributions and ▇▇▇▇ Catch-Up Contributions): (i) Age 59.5. A Participant may receive a distribution when he or she reaches age 59.5. X

Appears in 2 contracts

Sources: Adoption Agreement, Adoption Agreement

Distribution Events. In addition to permitting distributions after a Participant’s Severance from Employment, or in accordance with Article VIII and Section 12.16 of the Plan, a Participant may also elect to receive a distribution in the following situations (check all that apply): (1) Elective Deferrals Account and ▇▇▇▇ Elective Deferrals Account (including Catch-Up Contributions and ▇▇▇▇ Catch-Up Contributions): (i) Age 59.5. A Participant may receive a distribution when he or she reaches age 59.5. X.

Appears in 1 contract

Sources: Adoption Agreement