Common use of Annuity Contracts Clause in Contracts

Annuity Contracts. Any annuity contract distributed under the Plan (if permitted or required by this Section Five) 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 the Plan.

Appears in 2 contracts

Samples: Adoption Agreement (Kimball Electronics, Inc.), Merchants & Manufacturers Bancorporation Inc

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Annuity Contracts. Any annuity contract distributed under the Plan (if permitted or required by this Section Five) herefrom 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 the this Plan.

Appears in 1 contract

Samples: Professionals Insurance Co Management Group

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Annuity Contracts. Any annuity contract contact distributed under the Plan (if permitted or required by this Section Five6) 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 the Plan.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Edelbrock Corp)

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