Common use of Participant methods Clause in Contracts

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-SumLump‑Sum; (ii) Installments; (iii) Installments but only if the Participant is required to receive lifetime RMDs under Section 6.026.02(A); (iv) Alternative Annuity; (v) Ad-HocAd‑Hoc; or (vi) any other method the Employer describes in its Adoption Agreement which is not inconsistent with Applicable LawAgreement. 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 electselects (including a QOSA, as applicable), 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 lifetime RMDs under Section 6.026.02(A); (iv) Alternative Annuity; (v) Ad-HocPartial Distribution; or (vi) any other method the Employer describes in its Adoption Agreement which is not inconsistent with Applicable LawAgreement. 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 electselects (including a QOSA, as applicable), in accordance with this Section 6.03.