MINIMUM DISTRIBUTION REQUIREMENTS FOR PARTICIPANTS. The Trustee shall not distribute the Participant's vested Account under a method of distribution which, as of the Required Beginning Date, does not satisfy the minimum distribution requirements under Code 401(a)(9) and the applicable Treasury regulations.
Appears in 2 contracts
Sources: Employee Stock Ownership Plan and Trust Agreement (Scotts Liquid Gold Inc), Employee Stock Ownership Plan and Trust Agreement (Scotts Liquid Gold Inc)