Common use of Annuity Contracts Clause in Contracts

Annuity Contracts. Any annuity contract distributed under this Plan must be nontransferable. The terms of any annuity contract purchased and distributed by the Plan to a Participant or Spouse shall comply with the requirements of this Plan.

Appears in 31 contracts

Samples: Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Savannah Bancorp Inc), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

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Annuity Contracts. Any annuity contract distributed under the Plan (if permitted or required by this Plan Section 6) must be nontransferable. The terms of any annuity contract purchased and distributed by the Plan to a Participant or Spouse spouse shall comply with the requirements of this the Plan.

Appears in 5 contracts

Samples: Qualified Retirement Plan (Teardrop Golf Co), Qualified Retirement Plan and Trust (Cornell Corrections Inc), Antigenics Inc /De/

Annuity Contracts. Any annuity contract distributed under this Plan must be nontransferable. The terms of any annuity contract purchased and distributed by the Plan to a Participant or Spouse a Beneficiary shall be nontransferable and the terms of such contract shall comply with the applicable requirements of this PlanPlan and the Code.

Appears in 4 contracts

Samples: Oshkosh B Gosh Inc, Community First Banking Co, Oshkosh B Gosh Inc

Annuity Contracts. Any annuity contract distributed under the Plan (if permitted or required by this Plan Article 6) must be nontransferable. The terms of any annuity contract purchased and distributed by the Plan to a Participant or Spouse shall spouse must comply with the requirements of this the Plan.

Appears in 2 contracts

Samples: Plan Document and Trust Agreement (Stonepath Group Inc), Kevco Inc

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Annuity Contracts. Any All annuity contract distributed Contracts under this Plan must shall be nontransferablenon-transferable when distributed. The Furthermore, the terms of any annuity contract Contract purchased and distributed by the Plan to a Participant or Spouse shall comply with all of the requirements of this Plan.

Appears in 1 contract

Samples: www.mfs.com

Annuity Contracts. Any annuity contract distributed under this the Plan must be nontransferable. The In addition, the terms of any annuity contract purchased and distributed by the Plan to a Participant or Spouse shall Beneficiary must comply with the all requirements of under this Plan.

Appears in 1 contract

Samples: www.fortmyersbeachfl.gov

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