Common use of Distribution on Termination Clause in Contracts

Distribution on Termination. If the Account is terminated for any reason by the Custodian, the balance held in each Account for the benefit of a Participant, spouse of a Participant, or Beneficiary or Beneficiaries shall be distributed by the Custodian to a successor custodian or trustee, in accordance with Article VIII, Section 8, of the Plan.

Appears in 14 contracts

Samples: Arbitration Agreement, Ira Adoption Agreement, Ira Adoption Agreement

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Distribution on Termination. The Account may be terminated for any reason by the Custodian. If the Account is terminated for any reason by the Custodian, the balance held in each Account for the benefit of a Participant, spouse of a Participant, or Beneficiary or Beneficiaries shall be distributed by the Custodian to a successor custodian or trusteeCustodian, in accordance with Article VIII, Section section 8, of the PlanAgreement.

Appears in 12 contracts

Samples: legal.atomicvest.com, Simple Ira Custodial Account Agreement, syndicatedcapital.com

Distribution on Termination. The Account may be terminated for any reason by the Custodian. If the Account is terminated for any reason by the Custodian, the balance held in each Account for the benefit of a Participant, spouse of a Participant, or Beneficiary or Beneficiaries shall be distributed by the Custodian to a successor custodian or trustee, in accordance with Article VIIIIX, Section 8, of the PlanAgreement.

Appears in 5 contracts

Samples: d1xhgr640tdb4k.cloudfront.net, Inherited Ira Adoption Agreement, wbiinvestments.com

Distribution on Termination. If the Account is terminated for any reason by the Custodian, the balance held in each Account for the benefit of a Participant, spouse of a Participant, or Beneficiary beneficiary or Beneficiaries beneficiaries shall be distributed by the Custodian to a successor custodian or trustee, in accordance with Article VIIIIX, Section 89, of the Plan.

Appears in 3 contracts

Samples: Ira Adoption Agreement, Hewitt Financial Services, Ira Adoption Agreement

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Distribution on Termination. If the Account Plan is terminated for any reason by the Custodian, the balance held in each Account for the benefit of a Participant, spouse of a Participant, or Beneficiary or Beneficiaries shall be distributed by the Custodian to a successor custodian or trustee, in accordance with Article VIII, Section 87, of the Plan.

Appears in 3 contracts

Samples: Simple Ira Adoption Agreement, Simple Ira Adoption Agreement, Simple Ira Adoption Agreement

Distribution on Termination. If the Account is terminated for any reason by the Custodian, the balance held in each Account for the benefit of a Participant, spouse of a Participant, or Beneficiary or Beneficiaries shall be distributed by the Custodian to a successor custodian or trustee, in accordance with Article VIIIIX, Section 89, of the Plan.

Appears in 2 contracts

Samples: Arbitration Agreement, Arbitration Agreement

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