Annuity Contract. Any annuity contract distributed under the Plan must be nontransferable. In addition, the terms of any annuity contract purchased and distributed to a Participant or to a Participant’s spouse must comply with all requirements under this Plan.
Appears in 2 contracts
Samples: Prudential Retirement Services (National Penn Bancshares Inc), Plan and Trust Agreement (Mercantile Bancorp, Inc.)
Annuity Contract. Any annuity contract distributed under the Plan must be nontransferable. In addition, the terms of any annuity contract purchased and distributed to a Participant Participant, or to a Participant’s spouse Spouse, must comply with all requirements under this Planthe Code and regulations thereunder.
Appears in 1 contract
Samples: www.placer.ca.gov
Annuity Contract. Any annuity contract distributed under the Plan must be nontransferable. In addition, the terms of any annuity contract purchased and distributed to a Participant or to a Participant’s 's spouse must comply with all requirements under this Plan.
Appears in 1 contract
Samples: Capital Corp of the West
