Common use of Forms of Distribution Clause in Contracts

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. Unless the Participant’s Account is distributed in the form of an annuity purchased from an insurance company or in a single-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, company distributions thereunder will be made in accordance with the requirements of Section 401(a)(9) of the Code and the Income Tax Regulations.