Common use of Distribution Method Clause in Contracts

Distribution Method. Any distribution under the Plan shall be made in the form of a cash lump sum.

Appears in 3 contracts

Sources: Employee Savings Plan (Quanex Corp), Hourly Bargaining Unit Employees Savings Plan (Quanex Corp), Employee Savings Plan (Quanex Corp)

Distribution Method. Any Subject to Section 5.10, any distribution under the Plan shall be made in the form of a cash lump sum.

Appears in 1 contract

Sources: 401(k) Plan Amendment and Restatement (Quanex Corp)