DISTRIBUTIONS PRIOR TO SEVERANCE FROM EMPLOYMENT Sample Clauses

DISTRIBUTIONS PRIOR TO SEVERANCE FROM EMPLOYMENT. (4.05). A Participant prior to Severance from Employment may elect to receive a distribution of his/her Vested Account under the following distribution options (Choose one of a. or b.):
AutoNDA by SimpleDocs
DISTRIBUTIONS PRIOR TO SEVERANCE FROM EMPLOYMENT. The Employer must elect in the Adoption Agreement whether to permit in-service distributions of a Participant's Vested Account under this Section 4.05, notwithstanding the Section 4.01 distribution restrictions.

Related to DISTRIBUTIONS PRIOR TO SEVERANCE FROM EMPLOYMENT

  • Separation from Employment Employees who leave the District with a vacation balance shall have their vacation balance cashed out. If vacation is loaded on July 1st, the vacation balance shall be pro-rated prior to cash out.

  • INCOME FROM EMPLOYMENT 1. Subject to the provisions of Articles 15, 17 and 18, salaries, wages and other similar remuneration derived by a resident of a Contracting State in respect of an employment shall be taxable only in that State unless the employment is exercised in the other Contracting State. If the employment is so exercised, such remuneration as is derived therefrom may be taxed in that other State.

Time is Money Join Law Insider Premium to draft better contracts faster.