Common use of Timing of Distributions Clause in Contracts

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (iii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iv) As soon as administratively feasible, after the close of the Plan Year during which the Participant incurs consecutive one-year Breaks in Service. (v) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. In cases of death, Disability or retirement, benefits shall be paid: (vi) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (vii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (viii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.

Appears in 3 contracts

Sources: Cash or Deferred Profit Sharing Plan (Port Financial Corp), Nonstandardized Profit Sharing Plan and Trust/Custodial Account (Good Times Restaurants Inc), Adoption Agreement (Sano Corp)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (iii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iv) As soon as administratively feasible, after the close of the Plan Year during which the Participant incurs ___ consecutive one-year Breaks in Service. (v) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. In cases of death, Disability or retirement, benefits shall be paid: (vi) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (vii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (viii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.. Prototype Cash or Deferred Profit- Sharing Plan #004

Appears in 1 contract

Sources: Adoption Agreement (Community Bancorp /Vt)

Timing of Distributions. In cases of termination for other than death, Disability disability or retirement, benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (iii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iv) As soon as administratively feasible, after the close of the Plan Year during which the Participant incurs ___ consecutive one-year Breaks in Service. (v) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. In cases of death, Disability disability or retirement, benefits shall be paid: (vi) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (vii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (viii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.

Appears in 1 contract

Sources: Adoption Agreement (Nobility Homes Inc)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (iii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iv) As soon as administratively feasible, after the close of the Plan Year during which the Participant incurs ____ consecutive one-year Breaks in Service. (v) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. In cases of death, Disability or retirement, benefits shall be paid: (vi) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (vii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable.. Prototype Cash or Deferred Profit- Sharing Plan #001 (viii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.

Appears in 1 contract

Sources: Adoption Agreement (Equivest Finance Inc)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, retirement benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (iii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iv) As soon as administratively feasible, after the close of the Plan Year during which the Participant incurs _______ consecutive one-year Breaks in Service. (v) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. In cases of death, Disability or retirement, benefits shall be paid: (vi) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (vii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable.. Regional Prototype Cash or Deferred Profit-Sharing Plan #012 (viii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.

Appears in 1 contract

Sources: Adoption Agreement (Westfield Financial Inc)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (iii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iv) As soon as administratively feasible, after the close of the Plan Year during which the Participant incurs consecutive one-year Breaks in Service. (v) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. In cases of death, Disability or retirement, benefits shall be paid: (vi) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (vii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (viii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.. Prototype Cash or Deferred Profit- Sharing Plan #002

Appears in 1 contract

Sources: Adoption Agreement (Option Care Inc/De)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (iii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iv) As soon as administratively feasible, after the close of the Plan Year during which the Participant incurs consecutive one-year Breaks in Service. (v) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. In cases of death, Disability or retirement, benefits shall be paid: (vi) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (vii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. . [X] (viii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.. 26 PROTOTYPE CASH OR DEFERRED PROFIT- SHARING PLAN #001

Appears in 1 contract

Sources: Adoption Agreement (Vs Holdings Inc)

Timing of Distributions. In cases of termination for other than death, Disability or retirement, benefits shall be paid: (i) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (ii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (iii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable. (iv) As soon as administratively feasible, after the close of the Plan Year during which the Participant incurs _________ consecutive one-year Breaks in Service. (v) Only after the Participant has achieved the Plan's Normal Retirement Age, or Early Retirement Age, if applicable. In cases of death, Disability or retirement, benefits shall be paid: (vi) As soon as administratively feasible, following the close of the valuation period during which a distribution is requested or is otherwise payable. (vii) As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable. (viii) As soon as administratively feasible, following the date on which a distribution is requested or is otherwise payable.

Appears in 1 contract

Sources: 401(k) Plan Document (Berkshire Hills Bancorp Inc)