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Common use of No Mandatory Distribution Clause in Contracts

No Mandatory Distribution. The Plan will not make a Mandatory Distribution following Severance from Employment.

Appears in 14 contracts

Sources: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), Adoption Agreement, Defined Contribution Prototype Plan and Trust Adoption Agreement

Related Clauses

  • Hardship Distribution
  • No Distribution
  • Qualified Distributions
  • Distribution of Cash
  • Required Distributions

Parent Clauses

  • Limitations and Testing
  • POST-SEVERANCE DISTRIBUTIONS
  • CATCH-UP DEFERRALS
  • Participant’s Employer Only
  • Multiple Safe Harbor Contributions in Disaggregated Plan
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