Participant methods Sample Clauses
The 'Participant methods' clause defines the procedures and requirements for how participants are to engage in a particular process, activity, or agreement. This may include specifying the steps participants must follow, the forms of communication to be used, or the standards for submitting information or feedback. For example, it might outline how participants should register, report issues, or interact with other parties involved. The core function of this clause is to ensure consistency and clarity in participant actions, reducing misunderstandings and streamlining the overall process.
Participant methods. The Employer in its Adoption Agreement will elect one or more of the following distribution methods applicable to a Participant: (i) Lump-Sum; (ii) Installments; (iii) Installments but only if the Participant is required to receive RMDs under Section 6.02; (iv) Alternative Annuity; (v) Ad-Hoc; or (vi) any other method the Employer describes in its Adoption Agreement which is not inconsistent with Applicable Law. If Section 6.04 applies, the distribution must be a QJSA unless waived. In the event of a QJSA waiver, the distribution will be made under the alternative method the Participant elects, in accordance with this Section 6.03.
Participant methods. The Employer in its Adoption Agreement will elect one or more of the following distribution methods applicable to a Participant: (i) Lump-Sum; (ii) Installments; (iii) Installments but only if the Participant is required to receive RMDs under Section 6.02; (iv) Alternative Annuity; (v) Ad-Hoc; or (vi) any other method the Employer describes in its Adoption Agreement which is not inconsistent with Applicable Law. If Section