Interest Adjustment. Any distribution (other than a distribution from a segregated or individual Account) made to a Participant or Beneficiary more than 90 days after the most recent valuation date may include interest on the amount of the distribution as an expense of the Trust Fund. The interest, if any, accrues from such valuation date to the date of the distribution at the rate the Employer specifies in its Adoption Agreement.
Appears in 6 contracts
Samples: Participation Agreement (Petco Animal Supplies Inc), Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Trimeris Inc
