Common use of Modification of Participant’s consent requirement Clause in Contracts

Modification of Participant’s consent requirement. A Participant must consent to a distribution from the Plan, even if the Participant’s vested Account Balance does not exceed $5,000. See Section 8.3(b) of the BPD. [Note: If this a. is not checked, the involuntary distribution rules under Section 8.3(b) of the BPD apply.]

Appears in 2 contracts

Samples: Mercantile Bancorp, Inc., Mercantile Bancorp, Inc.

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Modification of Participant’s consent requirement. A Participant must consent to a distribution from the Plan, even if the Participant’s 's vested Account Balance does not exceed $5,000. See Section 8.3(b) of the BPD. [Note: If this a. is not checked, the involuntary distribution rules under Section 8.3(b) of the BPD apply.]

Appears in 1 contract

Samples: Peoples Holding Co

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Modification of Participant’s consent requirement. A Participant must consent to a distribution from the Plan, even if the Participant’s 's vested Account Balance does not exceed $5,000. See Section 8.3(b) of the BPD. [NoteNOTE: If this a. is not checked, the involuntary distribution rules under Section 8.3(b) of the BPD apply.]

Appears in 1 contract

Samples: Books a Million Inc

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