Common use of Nonforfeitable Clause in Contracts

Nonforfeitable. Each Participant shall have a fully vested and nonforfeitable right to his or her Deductible Voluntary Account at all times.

Appears in 1 contract

Sources: Nonstandardized Adoption Agreement (Merrill Merchants Bancshares Inc)

Nonforfeitable. Each Participant shall have a fully vested and nonforfeitable right to his or her Deductible Nondeductible Voluntary Account at all times.

Appears in 1 contract

Sources: Nonstandardized Adoption Agreement (Merrill Merchants Bancshares Inc)