Common use of Election Period Clause in Contracts

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 10 contracts

Samples: Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc), Prototype Defined Contribution Plan (FNB United Corp.), Prototype Defined Contribution Plan (Athens Bancshares Corp)

AutoNDA by SimpleDocs

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s 's death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 7 contracts

Samples: Prototype Defined Contribution Plan, Prototype Defined Contribution Plan, Prototype Defined Contribution Plan (1st Constitution Bancorp)

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s 's death. If a Participant separates from Service service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 5 contracts

Samples: East West Bancorp Inc, Non Standardized Adoption Agreement (Princeton Review Inc), Adoption Agreement (Shared Technologies Cellular Inc)

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s 's death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 2 contracts

Samples: First Keystone Corp, First Keystone Corp

Election Period. The period which begins starting on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends ending on the date of the Participant’s his or her death. If a Participant separates from Service prior to incurs a Termination of Employment before the first day of the Plan Year in which he or she attains age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance of his or her Individual Account (as of the date of separationthe termination) begins on the date of the termination.

Appears in 1 contract

Samples: Plan Document and Trust Agreement (Stonepath Group Inc)

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s death. If a Participant separates from Service service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation, the election period shall begin on the date of separation.

Appears in 1 contract

Samples: Diebold Inc

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s 's death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation, the election period shall begin on the date of separation.

Appears in 1 contract

Samples: WHX Corp

AutoNDA by SimpleDocs

Election Period. The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.. Cycle D EGTRRA 401(k) IDP BPD

Appears in 1 contract

Samples: Participation Agreement (Sterling Chemicals Inc)

Election Period. (i) The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service service prior to the first day of the Plan Year in which age thirty-five (35) is attained, with respect to the Account balance as of the date of separation, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

Appears in 1 contract

Samples: Adoption Agreement (Novo Nordisk a S)

Election Period. (a) The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) 35 and ends on the date of the Participant’s 's death. If a Participant separates from Service service prior to the first day of the Plan Year in which age thirty-five (35) 35 is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation, the election period shall begin on the date of separation.

Appears in 1 contract

Samples: www.theentrustgroup.com

Time is Money Join Law Insider Premium to draft better contracts faster.