Common use of Special Rules for Withdrawals During Service Clause in Contracts

Special Rules for Withdrawals During Service. If this is a profit sharing plan and the Adoption Agreement so provides, a Participant may elect to receive a distribution of all or part of the Vested portion of his or her Individual Account, subject to the requirements of Section 6.05 and further subject to the following limits: a. Participant for 5 or more years. An Employee who has been a Participant in the Plan for 5 or more years may withdraw up to the entire Vested portion of his or her Individual Account.

Appears in 10 contracts

Sources: 401(k) Savings Plan (Alaska Pacific Bancshares Inc), Qualified Retirement Plan (Teardrop Golf Co), Basic Plan Document (Tri Continental Corp)

Special Rules for Withdrawals During Service. If this is a profit sharing plan and the Adoption Agreement so provides, a Participant may elect to receive a distribution of all or part of the Vested portion of his or her Individual Account, subject to the requirements of Section 6.05 and further subject to the following limits: a. Participant for 5 or more years. An Employee who has been a Participant in the Plan for 5 or more years may withdraw up to the entire Vested portion of his or her Individual Account.

Appears in 4 contracts

Sources: Adoption Agreement (Bradford Funds Inc), Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Camco Financial Corp), Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Cornell Corrections Inc)

Special Rules for Withdrawals During Service. If if this is a profit sharing plan and the Adoption Agreement so provides, a Participant may elect to receive a distribution of all or part of the Vested portion of his or her Individual individual Account, subject to the requirements of Section 6.05 and further subject to the following limits: a. Participant for 5 or more years. An Employee who has been a Participant in the Plan for 5 or more years may withdraw up to the entire Vested portion of his or her Individual Account.

Appears in 2 contracts

Sources: Basic Plan Document (Nabi /De/), Basic Plan Document (Nabi /De/)

Special Rules for Withdrawals During Service. If this is a profit sharing plan and the Adoption Agreement so provides, a Participant may elect to receive a distribution of all ali or part of the Vested portion of his or her Individual Account, subject to the requirements of Section 6.05 and further subject to the following limits: a. Participant for 5 or more years. An Employee who has been a Participant in the Plan for 5 or more years may withdraw up to the entire Vested portion of his or her Individual Account.

Appears in 1 contract

Sources: Qualified Retirement Plan and Trust (Bradford Funds Inc)