Common use of QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION Clause in Contracts

QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION. All rights and benefits, including elections, provided to a Participant in this Plan shall be subject to the rights afforded to any "alternate payee" under a "qualified domestic relations order." Furthermore, a distribution to an "alternate payee" shall be permitted if such distribution is authorized by a "qualified domestic relations order," even if the affected Participant has not reached the "earliest retirement age" under the Plan. For the purposes of this Section, "alternate payee," "qualified domestic relations order" and "earliest retirement age" shall have the meanings set forth under Code Section 414(p).

Appears in 4 contracts

Samples: MSC Software Corp, Adoption Agreement (Baldwin Technology Co Inc), Aceto Corp

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QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION. All rights and benefits, including elections, provided to a Participant in this Plan shall be subject to the rights afforded to any "alternate payee" under a "qualified domestic relations order." Furthermore, a distribution to an "alternate payee" shall be permitted if such distribution is authorized by a "qualified domestic relations order," even if the affected Participant has not separated from service and has not reached the "earliest retirement age" under the Plan. For the purposes of this Section, "alternate payee," "” “qualified domestic relations order" and "earliest retirement age" shall have the meanings meaning set forth under Code Section 414(p).

Appears in 3 contracts

Samples: Employment Agreement (Umpqua Holdings Corp), Employment Agreement (Umpqua Holdings Corp), Employment Agreement (Umpqua Holdings Corp)

QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION. All rights and benefits, including elections, provided to a Participant in this Plan shall be subject to the rights afforded to any "alternate payee" under a "qualified domestic relations order." Furthermore, a distribution to an "alternate payee" shall be permitted if such distribution is authorized by a "qualified domestic relations order," even if the affected Participant has not separated from service and has not reached the "earliest retirement age" under the Plan. For the purposes of this Section, "alternate payee," "qualified domestic relations order" and "earliest retirement age" shall have the meanings meaning set forth under Code Section 414(p).

Appears in 3 contracts

Samples: Allied Employee Stock Ownership Plan and Trust Agreement (Allied Capital Corp), Ameritrade Holding Corp, Winton Financial Corp

QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION. All rights and benefits, including elections, provided to a Participant in this Plan shall be subject to the rights afforded to any "alternate payee" under a "qualified domestic relations order." Furthermore, a distribution to an "alternate payee" shall be permitted if such distribution is authorized by a "qualified domestic relations order," even if the affected Participant has not separated from service and has not reached the "earliest retirement age" under the Plan. For the purposes of this Section, "alternate payee," "qualified domestic relations order" and "earliest retirement age" shall have the meanings meaning set forth under Code Section 414(p).. 87 88

Appears in 2 contracts

Samples: Telxon Corp, Aironet Wireless Communications Inc

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QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION. All rights and benefits, including elections, provided to a Participant in this Plan shall be subject to the rights afforded to any "alternate payee" under a "qualified domestic relations order." Furthermore, a distribution to an "alternate payee" shall be permitted if such distribution is authorized by a "qualified domestic relations order," even if the affected Participant has not separated from service and has not reached the "earliest retirement age" under the Plan. For the purposes of this Section, "alternate payee," "” “qualified domestic relations order" and "earliest retirement age" shall have the meanings meaning set forth under Code Section 414(p).

Appears in 1 contract

Samples: Stock Ownership Plan and Trust Agreement (PBSJ Corp /Fl/)

QUALIFIED DOMESTIC RELATIONS ORDER DISTRIBUTION. All rights and benefits, including elections, provided to a Participant in this Plan shall be subject to the rights afforded to any "alternate payee" payee under a "qualified domestic relations order." . Furthermore, a distribution to an "alternate payee" payee shall be permitted if such distribution is authorized by a "qualified domestic relations order," , even if the affected Participant has not separated from service and has not reached the "earliest retirement age" under the Plan. For the purposes of this Section, "the terms “alternate payee," "” “qualified domestic relations order" and "earliest retirement age" shall have the meanings meaning set forth under Code Section 414(p).

Appears in 1 contract

Samples: Chevron Corp

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