Common use of Distribution of Benefit Clause in Contracts

Distribution of Benefit. The Corporation shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of (i) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Service.

Distribution of Benefit. The Corporation shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of (i) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Service.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Date. The annual benefit shall be distributed to the Executive for the greater of ten (i10) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Date. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation shall distribute pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceExecutive’s Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years. During the greater of (i) eighteen (18) years or (ii) the life of the Executive. Interest shall applicable installment period, interest will be credited on the Accrual Balance during the installment period at a rate equal applied to the Discount Rate in effect Account Value at the time of Separation from ServiceDiscount Rate, compounded monthly.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month within thirty (30) days following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceExecutive's Normal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation shall distribute pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation shall distribute pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceExecutive’s Normal Retirement Age. The annual benefit shall be distributed to the Executive for fifteen (15) years. During the greater of (i) eighteen (18) years or (ii) the life of the Executive. Interest shall applicable installment period, interest will be credited on the Accrual Balance during the installment period at a rate equal applied to the Discount Rate in effect Account Value at the time of Separation from ServiceDiscount Rate, compounded monthly.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Date. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation shall distribute pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceExecutive’s Normal Retirement Date. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of twenty (i20) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of twenty (i20) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of twenty (i20) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years years, or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Service's lifetime.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Date. The annual benefit shall be distributed to the Executive for the greater of twenty (i20) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years years, or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Service’s lifetime.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day within thirty (30) days following Termination of the month following the Separation from ServiceEmployment. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Date. The annual benefit shall be distributed to the Executive for the greater of twenty (i20) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve one hundred twenty (12120) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of (i) eighteen (18) years or (ii) the life of the ExecutiveNormal Retirement Age. Interest shall be credited on the Accrual Balance from during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Service.

Distribution of Benefit. The Corporation shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years years, or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Service's lifetime.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Date. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceExecutive’s attainment of Normal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of twenty (i20) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of ten (i10) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month within thirty (30) days following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Executive’s Separation from ServiceService due to Disability. The annual benefit shall be distributed to the Executive for the greater of twenty (i20) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.

Distribution of Benefit. The Corporation shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from Service. The annual benefit shall be distributed to the Executive for the greater of fifteen (i15) eighteen (18) years years, or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Service’s lifetime.

Distribution of Benefit. The Corporation Company shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following the Separation from ServiceNormal Retirement Age. The annual benefit shall be distributed to the Executive for the greater of twenty (i20) eighteen (18) years or (ii) the life of the Executive. Interest shall be credited on the Accrual Balance during the installment period at a rate equal to the Discount Rate in effect at the time of Separation from Serviceyears.