Qualified Distribution Clause Samples

Qualified Distribution. In connection with any such Qualified Public Offering or Qualified Distribution, the Members will be entitled to receive common stock of the Company in exchange for their Membership Interests in the same proportions as their respective Membership Interests immediately prior to such Qualified Public Offering or Qualified Distribution. The Members and the Company intend any conversion of the Company to a corporation under the Delaware Act to qualify as a reorganization under Section 368(a)(1)(F) of the Code. Neither the Company nor any Member shall take any position inconsistent with such characterization on any return or filing or otherwise with any taxing authority unless otherwise required by applicable law.

Qualified Distribution. The term qualified distribution means a distribu- tion of money by an ETSC during the ETSC period to which, absent the ap- plication of section 1371(f) and this sec- tion, section 301 would apply. However, if paragraph (d)(2)(i) of this section ap- plies to the ETSC, then a qualified dis- tribution to a non-legacy shareholder is treated as a non-qualified distribu- tion.

Qualified Distribution. Distributions from a ▇▇▇▇ Deferral Contribution Account shall not be subject to taxation if the distribution is a qualified distribution, as described in Code Section 402A(d)(2). Notwithstanding anything herein to the contrary, the taxation of any distribution from the ▇▇▇▇ Deferral Contribution Account shall be consistent with the Treasury Regulations under Code Section 402A.

Qualified Distribution. A qualified distribution is a distribu- tion that is made after the expiration of a five-year period. Qualified distributions from your inherited Roth IRA are not included in your income.

Qualified Distribution. A Qualified Distribution is a direct trustee-to-trustee transfer to an Eligible Retirement Plan.

Qualified Distribution. The term “Qualified Distribution” means any Qualified ▇▇▇▇▇▇▇ Distribution, Qualified ▇▇▇▇ Distribution, and Qualified ▇▇▇▇▇ Distribution. For purposes of this definition:

Qualified Distribution. This ▇▇▇▇ ▇▇▇ distribution satisfies the 5-year holding period requirement: Yes The distribution is made under the following reason (check one): 1. You are the participant and age 59 1/2 or older. 2. To a beneficiary on or after the participant's death - If you are a beneficiary contact Shareholder Services regarding documentation requirements. 3. You certify that you are disabled within the meaning of section 72(m)(7) of the Internal Revenue Code. All required documentation must be received in good order before the distribution request will be honored. All legal documents must be certified and a Medallion Signature Guarantee may be required for the IRA owner/beneficiary or spouse. Partial Distribution Amount $ or Mutual Fund Shares Total Distribution of Account Balance Fixed Amount $ Start Date: Monthly Semi-annually Quarterly Annually Mail to my address currently on file. Mail to the following address: (*Medallion Signature Guarantee required.) Purchase funds into my existing non-retirement mutual fund account Account Number Fund Name NEW ACCOUNT: check here and attach completed application to purchase funds into a new mutual fund account. Purchase funds into my existing non-retirement mutual fund account at another financial institution. (*Medallion Signature Guarantee required.) Financial Institution’s Name Account Number Mailing Address Generally, IRA distributions are subject to 10% withholding unless you elect to have an additional amount withheld or elects to have no withholding. You may make a withholding election by selecting one of the options below. Your election will remain in effect for any subsequent distributions unless you change or revoke it by providing us with a new election. Please select one of the following: 🞏 Do not withhold Federal Income Tax 🞏 Withhold 10% Federal Income Tax 🞏 Withhold % Federal Income Tax (must be greater than 10%)