Common use of INDIVIDUAL STATEMENT Clause in Contracts

INDIVIDUAL STATEMENT. As soon as practicable after the Accounting Date of each Plan Year, the Plan Administrator will deliver to each Participant (and to each Beneficiary) a statement reflecting the condition of his or her Accrued Benefit in the Trust as of that date and such other information the Plan Administrator deems appropriate. No Participant, except a member of the Plan Administration Committee, shall have the right to inspect the records reflecting the Account of any other Participant. The Plan Administration Committee may, but shall not be required to, provide Participants with the statement referred to in this

INDIVIDUAL STATEMENT. As soon as practicable after the Accounting Date of each Plan YearYear but within the time prescribed by the Act and the regulations under the Act, the Plan Administrator will deliver to each Participant (and to each Beneficiary) a statement reflecting the condition of his or her Accrued Benefit in the Trust as of that date and such other information the Plan Administrator deems appropriateAct requires be furnished the Participant or Beneficiary. No Participant, except a member of the Plan Administration Advisory Committee, shall have has the right to inspect the records reflecting the Account of any other Participant. The Plan Administration Committee may, but shall not be required to, provide Participants with the statement referred to in this.