Voluntary Contribution Account Clause Samples
Voluntary Contribution Account. If a Participant's Account is invested in one or more insurance contracts, the Trustee is required to pay over all proceeds of the contract(s) to the Participant's Beneficiary or Beneficiaries in accordance with the terms of this Plan and under no circumstances shall the Trust retain any contract proceeds.
Voluntary Contribution Account. [ ] Other: (specify account(s) and conditions in a manner that is definitely determinable and not subject to Employer discretion). AND, is it intended that the Plan comply with ERISA Section 404(c) with respect to the accounts subject to Participant investment direction?
Voluntary Contribution Account. In the event that less than one hundred percent (100%) of a Participant's interest in the Plan is distributed to such Participant's Spouse, the portion of the distribution attributable to the Participant's Voluntary Contribution Account shall be in the same proportion that the Participant's Voluntary Contribution Account bears to the Participant's total interest in the Plan.
Voluntary Contribution Account. If a Participant is entitled to receive a Voluntary Contribution Benefit, the amount of such benefit, unless otherwise elected, shall be paid in a manner consistent with Section 2.5.2.
Voluntary Contribution Account. (2) Rollover Account, (3) Incentive Contribution Account, and (4)
Voluntary Contribution Account. The Trustees shall establish and maintain a Voluntary Contribution Account for each Participant who makes voluntary contributions.