Accounts for QDRO Beneficiaries. A separate Account shall be established for an alternate payee entitled to any portion of a Participant's Account under a QDRO as of the date and in accordance with the directions specified in the QDRO. In addition, a separate Account may be established during the period of time the Administrator, a court of competent jurisdiction or other appropriate person is determining whether a domestic relations order qualifies as a QDRO. Such a separate Account shall be valued and accounted for in the same manner as any other Account.
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Samples: Plan and Trust Agreement (Southdown Inc), Plan and Trust Agreement (Timken Co), La Gear Inc
Accounts for QDRO Beneficiaries. A separate Account shall be established for an alternate payee Alternate Payee entitled to any portion of a Participant's ’s Account under a QDRO as of the date and in accordance with the directions specified in the QDRO. In addition, a separate Account may be established during the period of time the AdministratorAdministrative Committee, a court of competent jurisdiction or other appropriate person is determining whether a domestic relations order qualifies as a QDRO. Such a separate Account shall be valued and accounted for in the same manner as any other Account.
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