Distribution Options Sample Clauses
The 'Distribution Options' clause defines the methods and conditions under which products, services, or intellectual property may be distributed by the parties involved. It typically outlines whether distribution is exclusive, non-exclusive, or limited to certain territories or channels, and may specify requirements such as minimum purchase quantities or marketing obligations. This clause ensures both parties have a clear understanding of their distribution rights and responsibilities, helping to prevent disputes and align expectations regarding how and where the subject matter can be made available.
Distribution Options. A. Timing of Distributions [both (1) and (2) must be completed]:
1. Distributions payable as a result of termination for reasons other than death, Disability or retirement shall be paid c [select from the list at (A)(3) below].
2. Distributions payable as a result of termination for death, Disability or retirement shall be paid c [select from the list at (A)(3) below].
Distribution Options a. As soon as administratively feasible on or after the Valuation Date following the date on which a distribution is requested or is otherwise payable.
b. As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable.
c. As soon as administratively feasible following the date on which a distribution is requested or is otherwise payable. (This option is recommended for daily valuation plans.)
d. As soon as administratively feasible after the close of the Plan Year during which the Participant incurs ___________ (cannot be more than 5) consecutive one-year Breaks in Service. [This formula can only be used in (A)(1).]
e. As soon as administratively feasible after the close of the Plan Year during which the Participant incurs ___________ (cannot be more than 5) consecutive one-year Breaks in Service. [This formula can only be used in (A)(2).]
f. Only after the Participant has attained the Plan's Normal Retirement Age or Early Retirement Age, if applicable.
Distribution Options a. As soon as administratively feasible on or after the Valuation Date following the date on which a distribution is requested or is otherwise payable.
b. As soon as administratively feasible following the close of the Plan Year during which a distribution is requested or is otherwise payable.
c. As soon as administratively feasible following the date on which a distribution is requested or is otherwise payable. (This option is recommended for daily valuation plans.)
d. As soon as administratively feasible after the close of the Plan Year during which the Participant incurs ___________ [cannot be more than five (5)] consecutive one (1) year Breaks in Service.
e. Only after the Participant has attained the Plan's Normal Retirement Age or Early Retirement Age, if applicable.
Distribution Options. (See Section 8.1 of the BPD)
Distribution Options. Distributions from the Plan shall be paid as follows:
(1) A lump sum payment of the Participant’s Account.
Distribution Options a. As soon as administratively feasible on or after the Valuation Date following the date on which a distribution is requested or is otherwise payable.
Distribution Options. Customer is authorized to distribute Software via one or more of the following models only
A. SOFTWARE OEMS: Customer must market and distribute the Software, in binary form, by bundling it with Customer's Product and reproducing the Software on CDs that shall be distributed with Customer's Product. Customer (at its own expense) must produce and distribute the CDs containing the StarSuite Software as a value-add component of Customer's Product only, and shall not distribute the StarSuite Software as a stand-alone product. Customer is prohibited from distributing StarSuite Software as part of any publication of any kind (books, magazines, etc.) without prior written permission from Sun. References to Sun-approved CD producers are available upon request. Customer agrees to distribute one (1) Technical Support Entitlement with each Software unit distributed.
Distribution Options. Check the appropriate box to have the distributions mailed to the address of record (either the residence address or the mailing address that is specified in Section 2) or to a third-party or alternate address. Check the appropriate box to participate in the Distribution Reinvestment Plan (the “DRP”). If you are reinvesting pursuant to the DRP, you may elect to reinvest all or a portion of your cash distribution by indicating in Section 5 the percentage desired in case and the percentage desired to be reinvested (percentages must add up to 100%). If the investor(s) prefer(s) direct deposit of cash distributions to an account or address other than as set forth in the Subscription Agreement, check the preferred option and complete the required information. A voided check must be enclosed if it is a checking account. If it is a savings account, please obtain written verification of the routing and account numbers from the bank. If you participate in the DRP, we request that you notify the Company and your broker-dealer in writing at any time there is a material change in your financial condition, including failure to meet the minimum income and net worth standards imposed by the state in which you reside. AUTOMATED CLEARING HOUSE (ACH): I (we) hereby authorize the Company to deposit distributions from my (our) common stock of the Company into the account listed on the voided check or bank verification provided in response to Section 5 of the Subscription Agreement (the “Bank Account”). I (we) further authorize the Company to debit my (our) Bank Account in the event that the Company erroneously deposits additional funds into my (our) Bank Account to which I am (we are) not entitled, provided that such debit shall not exceed the original amount of the erroneous deposit. In the event that I (we) withdraw funds erroneously deposited into my (our) Bank Account before the Company reverses such erroneously deposited amount, I (we) agree that the Company has the right to retain any future distributions to which I am (we are) entitled until the erroneously deposited amount is recovered by the Company.
Distribution Options. I hereby authorize the Company or its agent to initiate entries into the account listed below or to send funds directly to the financial institution/individual(s) listed below. This authorization will remain in effect until you notify the Company or its agent in writing to cancel it with time to afford a reasonable opportunity to act on it. This authorization relates solely to this investment. Please select one of the options below: ☐ I choose to have my distributions to be directly deposited into my bank account listed below. [Attach voided check and complete information below] ☐ I choose to have checks sent to the person(s) or financial institution listed below. [Distributions for custodial accounts will be sent to the custodian of record] ☐ I choose to have checks sent to the individual(s) listed in Section 3. Bank, Brokerage Firm or Person: ________________________________________________________________________ Mailing Address: ____________________________________________________________________________________ ABA Routing No: ____________________________________________________________________________________ Account No: ________________________________________________________________________________________ Name on Account or FBO: _____________________________________________________________________________ Account Type: ☐ Checking ☐ Savings ☐ Brokerage The deposit services above cannot be established without a pre-printed, voided check. For Electronic Funds Transfers, the signatures of the bank account owner(s) must appear exactly as they appear on the bank registration. If the registration at the bank differs from that on this subscription agreement, all parties must sign below. Signature of Individual/Trustee/Beneficial Owner Date Printed Name Signature of Joint Owner/Co-trustee Date Printed Name Subscription Agreement
Distribution Options. A Participant who terminates employment with the Employer may receive a distribution of his/her vested Account Balance at the time and in the manner designated under Part 9 of the Agreement. A Participant may receive an in-service distribution prior to his/her termination of employment with the Employer only to the extent permitted under Part 10 of the Agreement. Distributions from the Plan will be made in the form of a lump sum of the Participant’s entire vested Account Balance, a single sum distribution of a portion of the Participant’s vested Account Balance, installments, annuity payments, or other form as selected under Part 11 of the Agreement. Unless provided otherwise under Part 11 of the Agreement, a Participant may select any combination of the available distribution forms. If the Employer elects to permit a single sum distribution of a portion of the Participant’s vested Account Balance, the Employer may limit the availability or frequency of subsequent withdrawals under Part 11, #40.f. of the Nonstandardized Agreement [Part 11, #58.f. of the Nonstandardized 401(k) Agreement]. If the Employer elects under Part 11 of the Agreement to permit installment payments as an optional form of distribution, the Participant (and spouse, if applicable) may elect to receive installments in monthly, quarterly, semi-annual, or annual payments over a period not exceeding the Life Expectancy of the Participant and his/her Designated Beneficiary. The Participant may elect at any time to accelerate the payment of all, or any portion, of an installment distribution. If the Employer elects under Part 11 of the Agreement to permit annuity payments, such annuity payments may not be in a form that will provide for payments over a period extending beyond either the life of the Participant (or the lives of the Participant and his/her designated Beneficiary) or the life expectancy of the Participant (or the life expectancy of the Participant and his/her designated Beneficiary). The Employer may restrict the availability of installment payments or annuity payments under Part 11, #40.f. of the Nonstandardized Agreement [Part 11, #58.f. of the Nonstandardized 401(k) Agreement]. If the Plan is subject to the Joint and Survivor Annuity requirements under Article 9, the Plan must make distribution in the form of a QJSA (as defined in Section 9.4(a)) unless the Participant (and spouse, if the Participant is married) elects an alternative distribution form in accordance with Secti...
