Common use of In-Service Distributions Clause in Contracts

In-Service Distributions. In-Service Accounts are permitted under the Plan: (a) In-Service Accounts are allowed with respect to: ☒ Participant Deferral Credits only. ☐ Employer Credits only.

Appears in 2 contracts

Sources: Nonqualified Deferred Compensation Plan Adoption Agreement (Mercantile Bank Corp), Adoption Agreement (Sanfilippo John B & Son Inc)

In-Service Distributions. In-Service Accounts are permitted under the Plan: : ☒ (a) In-Service Accounts are allowed with respect to: ☒ Participant Deferral Credits only. ☐ Employer Credits only.

Appears in 2 contracts

Sources: Nonqualified Deferred Compensation Plan Adoption Agreement (Horizon Bancorp Inc /In/), Adoption Agreement (Five Below, Inc)

In-Service Distributions. In-Service Accounts are permitted under the Plan: : ☒ (a) In-Service Accounts are allowed with respect to: Participant Deferral Credits only. ☐ Employer Credits only.

Appears in 1 contract

Sources: Nonqualified Deferred Compensation Plan Adoption Agreement (Usana Health Sciences Inc)

In-Service Distributions. In-Service Accounts are permitted under the Plan: (a) In-Service Accounts are allowed with respect to: ☒ Participant Deferral Credits only. only ☐ Employer Credits only.

Appears in 1 contract

Sources: Nonqualified Deferred Compensation Plan Adoption Agreement (First Community Bankshares Inc /Va/)

In-Service Distributions. In-Service Accounts are permitted under the Plan: : ☐ (a) In-Service Accounts are allowed with respect to: Participant Deferral Credits only. ☐ Employer Credits only.

Appears in 1 contract

Sources: Adoption Agreement (Meta Financial Group Inc)