Common use of QDRO Defined Clause in Contracts

QDRO Defined. A qualified domestic relations order is a domestic relations order which creates or recognizes the existence of an alternate payee's right to (or assigns to an alternate payee the right to) receive all or a portion of the Account of a Participant under the Plan and which satisfies all of the following requirements.

Appears in 3 contracts

Sources: Pension Plan Trust Agreement (Entegris Inc), Employee Stock Ownership Plan Trust Agreement (Entegris Inc), Adoption Agreement (Western Bancorp)

QDRO Defined. A qualified domestic relations order is a domestic relations order which creates or recognizes the existence of an alternate payee's Alternate P▇▇▇▇’s right to (or assigns to an alternate payee Alternate Payee the right to) receive all or a portion of the Account of a Participant under the Plan and which satisfies all of the following requirements.

Appears in 1 contract

Sources: Retirement Plan (Piper Jaffray Companies)