Common use of Medium of Distribution Clause in Contracts

Medium of Distribution. Except as provided in Section 10.4, any distribution from any Account required to be made under Section 10.2 shall: (i) in the case of a distribution of Common Stock, unless the Participant elects as provided for in this Section, be made only in whole shares of Common Stock with a cash payment being made for any fractional shares and (ii) in the case of a distribution from any other Investment Fund, be made only in one lump-sum cash payment. A Participant entitled to receive a distribution under Section 10.2 may direct the Trustee in writing to sell the whole shares of Common Stock the Participant would be entitled to receive and in such case shall be treated as a Participant making the election provided in Section 7.4(b).