Forms of Distribution Clause Samples
The 'Forms of Distribution' clause defines the permitted methods by which a product, service, or content may be distributed under the agreement. It typically outlines whether distribution can occur through physical means, digital channels, sublicensing, or other specified platforms, and may set conditions or limitations on each method. By clearly specifying the acceptable forms of distribution, this clause helps prevent unauthorized dissemination and ensures that both parties understand the scope and boundaries of distribution rights granted.
Forms of Distribution. Unless the Participant’s interest is distributed in the form of an annuity purchased from an insurance company or in a single sum on or before the required beginning date, as of the first distribution calendar year distributions will be made in accordance with sections 5.6(c) and 5.6(d) of this section 5.
Forms of Distribution. Unless the Participant’s interest is distributed in the form of an annuity purchased from an insurance company or in a single sum on or before the required beginning date, as of the first distribution calendar year distributions will be made in accordance with Sections 12.3 and 12.4 of this Article. If the Participant’s interest is distributed in the form of an annuity purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of Section 401(a)(9) of the Code and the Treasury regulations.
Forms of Distribution. Unless the Participant’s interest is distributed in a lump sum on or before the Required Beginning Date, as of the first Distribution Calendar Year distributions will be made in accordance with Subsections 11.9(c) and 11.9(d).
Forms of Distribution. The Participant may elect (i) a single sum distribution, (ii) an Annuity Benefit, or (iii) any other form of payment of the Cash Value offered by us, subject to the terms of the Plan and the approval of the Employer.
Forms of Distribution. Each Member may choose to have the distribution of his Accounts made under Section 7.07 of the Plan in accordance with one of the following options (check any options you wish to offer under the Plan):
Forms of Distribution. Unless the participant's interest is distributed in the form of an annuity purchased from an insurance company or in a single sum on or before the required beginning date, as of the first distribution calendar year distributions will be made in accordance with Sections 3 and 4 of this Article. If the participant's interest is distributed in the form of an annuity purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of section 401(a)(9) of the Code and the Treasury Regulations.
Forms of Distribution. Unless otherwise required under applicable laws, distribution shall be made in cash or in kind in any one or more of the following ways:
(a) a lump sum payment of the total Account balance
(b) installments for a period certain not to exceed the life expectancy of the Participant or the Participant’s designated Beneficiary or the joint lives and last survivor expectancies of the Participant and the Participant’s designated Beneficiary; or
(c) a combination of (a) and (b).
Forms of Distribution. Unless the Participant's interest is distributed in the form of an annuity purchased from an insurance company or in a single sum on or before the "required beginning date," as of the first "distribution calendar year" distributions will be made in accordance with Sections 6.8(c) and 6.8(d) and only in a form of distribution provided in Section 6.5 or 6.6, as applicable. If the Participant's interest is distributed in the form of an annuity purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of Code §401(a)(9) and the Regulations thereunder.
Forms of Distribution. Unless the Participant’s Account is distributed in the form of an annuity purchased from an insurance company or in a single-sum on or before the Automatic Distribution Date, as of the first Distribution Calendar Year, distributions will be made in accordance with Sections 7.06 and 7.07. If the Participant’s Account is distributed in the form of an annuity contract purchased from an insurance company, distributions thereunder will be made in accordance with the requirements of Section 401(a)(9) of the Code and the Income Tax Regulations.
Forms of Distribution. 81 10.03 Required Minimum Distributions . . . . . . . . . . . . . . . . . . . . . . . 83 10.04 Nonconsensual Distributions . . . . . . . . . . . . . . . . . . . . . . . . . 83 10.05 Special One-Time Distribution Election . . . . . . . . . . . . . . . . . . . 83 10.06 Distribution on Account of Plan Termination . . . . . . . . . . . . . . . . . 85 10.07 Eligible Rollover Distribution . . . . . . . . . . . . . . . . . . . . . . . 85