Death, Disability or Normal Retirement Age. Unless the Employer otherwise elects in its Adoption Agreement, any allocation condition elected under Adoption Agreement Section 3.06 does not apply for a Plan Year if a Participant incurs a Separation from Service during the Plan Year on account of the Participant's death, Disability or attainment of Normal Retirement Age in the current Plan Year or on account of the Participant's Disability or attainment of Normal Retirement Age in a prior Plan Year.
Appears in 4 contracts
Samples: Participation Agreement (Petco Animal Supplies Inc), Adoption Agreement (Gold Banc Corp Inc), Bank of Granite Corp
Death, Disability or Normal Retirement Age. Unless the The Employer otherwise elects in its Adoption Agreement, Agreement will elect whether any elected allocation condition elected under Adoption Agreement Section 3.06 does not apply applies or is waived for a Plan Year if a Participant incurs a Separation from Service during the Plan Year on account of the Participant's death, Disability or attainment of Normal Retirement Age in the current Plan Year or on account of the Participant's Disability or attainment of Normal Retirement Age in a prior Plan Year. The Employer's election may be based on Contribution Type or may apply to all Contribution Types.
Appears in 2 contracts
Samples: Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Finisar Corp)
Death, Disability or Normal Retirement Age. Unless the Employer otherwise elects in its Adoption Agreement, any allocation condition elected under Adoption Agreement Section 3.06 does not apply for a Plan Year if a Participant incurs a Separation from Service during the Plan Year on account of the Participant's ’s death, Disability or attainment of Normal Retirement Age in the current Plan Year or on account of the Participant's ’s Disability or attainment of Normal Retirement Age in a prior Plan Year.
Appears in 1 contract
Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp)
Death, Disability or Normal Retirement Age. Unless the Employer otherwise elects in its Adoption Agreement, any allocation condition elected under Adoption Agreement Section 3.06 does not apply for a Plan Year if a Participant incurs a Separation from Service during the Plan Year on account of the Participant's ’s death, . Disability or attainment of Normal Retirement Age in the current Plan Year or on account of the Participant's ’s Disability or attainment of Normal Retirement Age in a prior Plan Year.
Appears in 1 contract
Samples: Trimeris Inc
Death, Disability or Normal Retirement Age. Unless the The Employer otherwise elects in its Adoption Agreement, Agreement will elect whether any elected allocation condition elected under Adoption Agreement Section 3.06 does not apply applies or is waived for a Plan Year if a Participant incurs a Separation from Service during the Plan Year on account of the Participant's ’s death, Disability or attainment of Normal Retirement Age in the current Plan Year or on account of the Participant's ’s Disability or attainment of Normal Retirement Age in a prior Plan Year. The Employer’s election may be based on Contribution Type or may apply to all Contribution Types.
Appears in 1 contract
Samples: Adoption Agreement (Knowles Corp)
