Common use of Plan Provision Clause in Contracts

Plan Provision. Distribution Alternatives For Participants Who Are Not A More Than 5% Owner Select (A), (B), (C) and/or (D), whichever is applicable. Subsection (D) must be selected to the extent that there would otherwise be an elimination of a pre-retirement age 70 1/2 distribution option for Employees other than those listed above.

Appears in 4 contracts

Samples: Prototype Defined Contribution Plan (United Community Bancorp), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.), Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.)

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Plan Provision. Distribution Alternatives For Participants Who Are Not A More Than 5% Owner Select (A), (B), (C) and/or (D), whichever is applicable. Subsection (D) must be selected to the extent that there would otherwise be an elimination of a pre-retirement age 70 1/2 70½ distribution option for Employees other than those listed above.

Appears in 2 contracts

Samples: Nonstandardized Adoption Agreement (Atlas America Inc), Nonstandardized Adoption Agreement (First Farmers & Merchants Corp)

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