Common use of Individual Account Clause in Contracts

Individual Account. a. If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2) a period not extending beyond the life expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancy.

Individual Account. a. If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2) a period not extending beyond the life expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for distribution: the first distribution calendar year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancy.

Individual Account. a. If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2) a period not extending beyond the life hie expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancy.

Individual Account. a. If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy Life Expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2) a period not extending beyond the life expectancy Life Expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar yearDistribution Calendar Year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancyApplicable Life Expectancy.

Individual Account. a. (i) If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Designated Beneficiary or (2) a period not extending beyond the life expectancy of the designated Designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar yearDistribution Calendar Year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancyApplicable Life Expectancy.

Individual Account. a. (a) If a Participantparticipant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant participant or the joint life and last survivor expectancy of the Participant participant and the Participantparticipant's designated Beneficiary beneficiary or (2) a period not extending beyond the life expectancy of the designated Beneficiarybeneficiary, the amount required to be distributed for each calendar year, year beginning with distributions for the first distribution calendar year, must at least equal the quotient obtained by dividing the Participantparticipant's benefit by the applicable life expectancy.

Individual Account. a. If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's Participants designated Beneficiary or (2) a period not extending beyond the life expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life fife expectancy.

Individual Account. a. (1) If a Participant's benefit is to be distributed over (1a) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2b) a period not extending beyond the life expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancy.

Individual Account. a. If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2) a period not extending beyond the life expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancy.

Individual Account. a. (A) If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2) a period not extending beyond the life expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancy.

Individual Account. a. If a Participant's benefit is to be distributed over (1) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2) a period not extending beyond the life expectancy of the designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for ft the first distribution calendar year, . must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancy.

Individual Account. a. 1. If a Participant's benefit is to be distributed over (1i) a period not extending beyond the life expectancy Life Expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Designated Beneficiary or (2ii) a period not extending beyond the life expectancy Life Expectancy of the designated Designated Beneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar yearDistribution Calendar Year, must at least equal the quotient obtained by dividing the Participant's benefit Account balance by the applicable life expectancyApplicable Life Expectancy.

Individual Account. a. (a) If a Participant's benefit is to be distributed over (1i) a period not extending beyond the life expectancy of the Participant or the joint life and last survivor expectancy of the Participant and the Participant's designated Beneficiary or (2ii) a period not extending beyond the life expectancy of the designated Beneficiarybeneficiary, the amount required to be distributed for each calendar year, beginning with distributions for the first distribution calendar year, must at least equal the quotient obtained by dividing the Participant's benefit by the applicable life expectancy.