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Common use of [X] Mandatory Distribution Clause in Contracts

[X] Mandatory Distribution. The Plan will make a Mandatory Distribution following Severance from Employment.

Appears in 2 contracts

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

Related Clauses

  • Required Distributions
  • Final Distribution
  • REMIC Distributions
  • Hardship Distribution
  • When Must Distributions from a ▇▇▇▇ ▇▇▇ Begin

Parent Clauses

  • Limitations and Testing
  • Eligibility Requirements
  • DISTRIBUTION OF ACCOUNT BALANCE
  • Valuation Date
  • GROUP ALLOCATION LIMITATIONS

Sub-Clauses

  • Amount limit
  • Application of Rollovers to amount limit
  • Mandatory Distribution
  • Amount of Mandatory Distribution subject to Automatic Rollover
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