Scheduled Withdrawal definition

Scheduled Withdrawal means the distribution elected by the Participant pursuant to Article 7 of the Plan.
Scheduled Withdrawal means the distribution date elected by the Participant for an in-service withdrawal from such Accounts deferred in a given Plan Year, and earnings and losses attributable thereto, as set forth on the election form for such Plan Year.
Scheduled Withdrawal means a distribution of all or a portion of the Stock Units credited to the Participant as elected by the Participant pursuant to the provisions of Section 5.4(g) of the Plan.

Examples of Scheduled Withdrawal in a sentence

  • The Participant shall have the right to twice modify any Scheduled Withdrawal Date.

  • A Participant shall not be required to elect a Scheduled Withdrawal Date with respect to his deferrals of Compensation for a Plan Year and, if a Participant fails to make an election of a Scheduled Withdrawal Date for a Plan Year, no Scheduled Withdrawal Date shall apply with respect to his deferrals of Compensation for such Plan Year.

  • In the event that a Participant elects for a given Plan Year’s deferral of Compensation to have a Scheduled Withdrawal Date, all amounts attributed to the deferral of Compensation for such Plan Year shall be accounted for in a manner which allows separate accounting for the deferral of Compensation and investment gains and losses associated with such Plan Year’s deferral of Compensation.

  • On the Scheduled Withdrawal Date each year (or on the next business day if the Scheduled Withdrawal Date is not a business day) We will transfer the entire balance then on deposit to Your Share Account.

  • A Participant may extend the Scheduled Withdrawal Date for any Plan Year, provided such extension occurs at least one year before the Scheduled Withdrawal Date and is for a period of not less than two years from the Scheduled Withdrawal Date.


More Definitions of Scheduled Withdrawal

Scheduled Withdrawal means a distribution prior to termination of employment pursuant to Section 6.6.
Scheduled Withdrawal means the amount of Compensation deferred by a Participant in a given Plan year, and earnings and losses attributable thereto, which the Participant elected at the time that the corresponding deferral election was made to have distributed in-service at a Scheduled Withdrawal Date. A Participant may not elect to receive a Scheduled Withdrawal equal to an amount other than the total amount of Compensation (and related earnings or losses) deferred during the Plan Year to which the Scheduled Withdrawal relates.
Scheduled Withdrawal means a distribution of all or a portion of the Deferrals credited to a Participant’s Account in the year elected by the Participant for such distribution.
Scheduled Withdrawal means the distribution elected by the Participant pursuant to Section 6.1
Scheduled Withdrawal means a distribution of all or a portion of the entire vested amount credited to the Participant's Account requested by the Participant pursuant to the provisions of Article 10 of the Plan.
Scheduled Withdrawal means a distribution elected by a Participant pursuant to Article 7 of the Plan.