Common use of Direct Rollover Clause in Contracts

Direct Rollover. A payment made by the Plan to an Eligible Retirement Plan that is specified by the Participant or a payment received by the Plan from an Eligible Retirement Plan on behalf of a Participant or an Employee, if selected in the Adoption Agreement by the Employer.

Appears in 5 contracts

Sources: Defined Contribution Plan (Georgetown Bancorp, Inc.), 401(k) Defined Contribution Plan (Measurement Specialties Inc), Defined Contribution Plan (United Community Bancorp)

Direct Rollover. A payment made by the Plan to an Eligible Retirement Plan that is specified by a Distributee, in the Participant or a payment received manner prescribed by the Plan from an Eligible Retirement Plan on behalf of a Participant or an Employee, if selected in the Adoption Agreement by the EmployerCommittee.

Appears in 2 contracts

Sources: Savings Plan (Arrow Electronics Inc), Savings Plan (Arrow Electronics Inc)

Direct Rollover. A payment made by the Plan to an Eligible Retirement Plan that is specified by a Distributee, in the Participant or a payment received manner prescribed by the Plan from an Eligible Retirement Plan on behalf of a Participant or an Employee, if selected in the Adoption Agreement by the EmployerAdministrator.

Appears in 1 contract

Sources: Affiliate Agreement (Arrow Electronics Inc)

Direct Rollover. A payment made by the Plan to an the Eligible Retirement Plan that is specified by the Participant or a payment received by the Plan from an Eligible Retirement Plan on behalf of a Participant or an Employee, if selected in the Adoption Agreement by the EmployerDistributee.

Appears in 1 contract

Sources: Plan Document and Trust Agreement (Stonepath Group Inc)