Common use of Distribution Upon Death Clause in Contracts

Distribution Upon Death. Upon death and subject to the Required Minimum Distribution rules in Section 9, a Participant’s vested Account Balance will be distributed to the Participant’s Beneficiary(ies) in accordance with this Section. The form of benefit payable with respect to a deceased Participant will depend on whether the Participant dies before or after distribution of his/her Account Balance has commenced.

Distribution Upon Death. Upon death and subject Subject to the Required Minimum Distribution rules in Section 98, a Participant’s vested Account Balance will be distributed to the Participant’s Beneficiary(ies) in accordance with this SectionSection 7.07. (See subsection (c) below for rules regarding the determination of Beneficiaries upon the death of the Participant.) The form of benefit payable with respect to a deceased Participant will depend on whether the Participant dies before or after distribution of his/her Account Balance has commenced.

Distribution Upon Death. Upon death and subject to the Required Minimum Distribution required minimum distribution rules in Section 9, a Participant’s vested Account Balance will be distributed to the Participant’s Beneficiary(ies) in accordance with this Section. The form of benefit payable with respect to a deceased Participant will depend on whether the Participant dies before or after distribution of his/her such Participant’s Account Balance has commenced.