Common use of Deferred Distribution Clause in Contracts

Deferred Distribution. Except in the case of amounts subject to Section 2.5.2(h) for which a Participant's consent is not required, unless the Employer elects in the Adoption Agreement to permit the Employee to elect earlier commencement and the Employee so elects or the Employee elects to further defer distribution, if the employment of a Participant is terminated by reason of resignation or discharge prior to either his Early Retirement Date or his Normal Retirement Date, distribution of his Distributable Benefit shall be deferred and commenced on the sixtieth (60th) day after the close of the later of the following Plan Years:

Deferred Distribution. Except in the case of amounts subject to Section 2.5.2(hSubsection 2.5.7(i) for which a Participant's ’s consent is not required, unless the Employer elects in the Adoption Agreement to permit permits the Employee to elect earlier commencement and the Employee so elects or the Employee elects to further defer distribution, if the employment of a Participant is terminated by reason of resignation or discharge prior to either his Early Retirement Date or his Normal Retirement DateAge, distribution of his Distributable Benefit shall be deferred and commenced on no later than the sixtieth (60th) day after the close last day of the later of Plan Year in which the following Plan Yearsoccurs:

Deferred Distribution. Except in the case of amounts subject to Section 2.5.2(h2.5.2(i) for which a Participant's consent is not required, unless the Employer elects in the Adoption Agreement to permit the Employee to elect earlier commencement and the Employee so elects or the Employee elects to further defer distribution, if the employment of a Participant is terminated by reason of resignation or discharge prior to either his Early Retirement Date or his Normal Retirement Date, distribution of his Distributable Benefit shall be deferred and commenced on the sixtieth (60th) day after the close of the later of the following Plan Years: