Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) calculated using the attained age of the Participant (or designated Beneficiary) as of the Participant's (or designated Beneficiary's) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy was first calculated. If Life Expectancy is being recalculated, the Applicable Life Expectancy shall be the Life Expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar year, and if Life Expectancy is being recalculated such succeeding calendar year.
Appears in 5 contracts
Samples: Adoption Agreement (MSC Industrial Direct Co Inc), Adoption Agreement (Sterling Financial Corp /Wa/), Adoption Agreement (Labor Ready Inc)
Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) calculated using the attained age of the Participant Member (or designated Beneficiary) beneficiary as of the ParticipantMember's (or designated Beneficiarybeneficiary's) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy life expectancy was first calculated. If Life Expectancy life expectancy is being recalculated, the Applicable Life Expectancy applicable life expectancy shall be the Life Expectancy life expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar year, and if Life Expectancy life expectancy is being recalculated such succeeding calendar year.
Appears in 3 contracts
Samples: Exhibit 10 (Atlantic Coast Federal Corp), Adoption Agreement (CCSB Financial Corp), Agreement (Central Federal Corp)
Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) calculated using the attained age of the Participant (or designated Beneficiarybeneficiary) as of the Participant's (or designated Beneficiarybeneficiary's) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy life expectancy was first calculated. If Life Expectancy life expectancy is being recalculated, the Applicable Life Expectancy applicable life expectancy shall be the Life Expectancy life expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar year, and if Life Expectancy life expectancy is being recalculated such succeeding calendar year.
Appears in 3 contracts
Samples: Southbanc Shares Inc, Trimedyne Inc, Capstone Pharmacy Services Inc
Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) calculated using the attained age of the Participant Member (or designated Beneficiary) beneficiary as of the Participant's Member’s (or designated Beneficiary'sbeneficiary’s) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy life expectancy was first calculated. If Life Expectancy life expectancy is being recalculated, the Applicable Life Expectancy applicable life expectancy shall be the Life Expectancy life expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar year, and if Life Expectancy life expectancy is being recalculated such succeeding calendar year.
Appears in 3 contracts
Samples: Adoption Agreement (Newport Bancorp Inc), Adoption Agreement (Sugar Creek Financial Corp), Trust Agreement (Northeast Community Bancorp Inc)
Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) calculated using the attained age of the Participant (or designated Designated Beneficiary) as of the Participant's (or designated Designated Beneficiary's) birthday in the applicable calendar year Applicable Calendar Year reduced by one for each calendar year which has elapsed since the date Life Expectancy life expectancy was first calculated. If Life Expectancy life expectancy is being recalculated, the Applicable Life Expectancy shall be the Life Expectancy life expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar yearDistribution Calendar Year, and if Life Expectancy life expectancy is being recalculated such each succeeding calendar year.
Appears in 1 contract
Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) is calculated using the attained age of the Participant (or designated Beneficiary) as of the Participant's (or designated Beneficiary's) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy life expectancy was first calculated. If Life Expectancy life expectancy is being recalculated, the Applicable Life Expectancy applicable life expectancy shall be the Life Expectancy life expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar year, and if Life Expectancy life expectancy is being recalculated such each succeeding calendar year.
Appears in 1 contract
Samples: Greater Bay Bancorp
Applicable Life Expectancy. The life expectancy expectance (or joint and last survivor expectancy) calculated using the attained age of the Participant (or designated Beneficiary) as of the Participant's (or designated Beneficiary's) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy was first calculated. If Life Expectancy is being recalculated, the Applicable Life Expectancy shall be the Life Expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar year, and if Life Expectancy is being recalculated such succeeding calendar year.
Appears in 1 contract
Samples: Adoption Agreement (Gadzooks Inc)
Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) calculated using the attained age of the Participant (or designated Beneficiarybeneficiary) as of the Participant's (or designated Beneficiary's) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy was first calculated. If Life Expectancy is being recalculated, the Applicable applicable Life Expectancy shall be the Life Expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar year, and if Life Expectancy is being recalculated such succeeding calendar year.
Appears in 1 contract
Samples: White Mountains Insurance Group Inc
Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) calculated using the attained age of the Participant (or designated Beneficiary) as of the Participant's (or designated Beneficiary'sBeneficiary s) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy life expectancy was first calculated. If Life Expectancy life expectancy is being recalculated, the Applicable Life Expectancy applicable life expectancy shall be the Life Expectancy life expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar year, and if Life Expectancy life expectancy is being recalculated such succeeding calendar year.
Appears in 1 contract
Samples: Rushmore Fund Inc
Applicable Life Expectancy. The life expectancy (or joint and last survivor expectancy) calculated using the attained age of the Participant (or designated Designated Beneficiary) as of the Participant's (or designated Designated Beneficiary's) birthday in the applicable calendar year reduced by one for each calendar year which has elapsed since the date Life Expectancy life expectancy was first calculated. If Life Expectancy life expectancy is being recalculated, the Applicable Life Expectancy applicable life expectancy shall be the Life Expectancy life expectancy as so recalculated. The applicable calendar year shall be the first distribution calendar yearDistribution Calendar Year, and if Life Expectancy life expectancy is being recalculated such succeeding calendar year.
Appears in 1 contract
Samples: Southwest Community Bancorp
