Common use of Participant Election Clause in Contracts

Participant Election. A Participant (including for this purpose, a former Employee) may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of his/her eligible rollover distribution from the Plan paid directly to an eligible retirement plan specified by the Participant in a direct rollover election. For purposes of this Section 6.10, a Participant includes as to their respective interests, a Participant's surviving spouse and the Participant's spouse or former spouse who is an alternate payee under a QDRO.

Appears in 4 contracts

Samples: Participation Agreement (Petco Animal Supplies Inc), Adoption Agreement (Gold Banc Corp Inc), CRH Public LTD Co

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Participant Election. A Participant (including for this purpose, a former Employee) may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of his/her eligible rollover distribution from the Plan paid directly to an eligible retirement plan specified by the Participant in a direct rollover election. For purposes of this Section 6.10, a Participant includes as to their respective interests, a Participant's ’s surviving spouse and the Participant's ’s spouse or former spouse who is an alternate payee under a QDRO.

Appears in 2 contracts

Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Trimeris Inc

Participant Election. A Participant (including for Notwithstanding any provision of this purposePlan to the contrary that would otherwise limit a Participant's election under this Section, a former Employee) Participant may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of his/her an eligible rollover distribution from the Plan paid directly to an eligible retirement plan specified by the Participant in a direct rollover electiondesignation. For purposes of this Section 6.107.06, a Participant includes as to their respective interests, a Participant's surviving spouse and the Participant's spouse or former spouse who is an alternate payee under a QDROpayee.

Appears in 1 contract

Samples: Stock Ownership Plan and Trust Agreement (Caseys General Stores Inc)

Participant Election. A Participant (including for this purpose, a former Employee) may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of his/her eligible rollover distribution Eligible Rollover Distribution from the Plan paid directly to an eligible retirement plan Eligible Retirement Plan specified by the Participant in a direct rollover electionDirect Rollover. For purposes of this Section 6.106.08, a Participant includes as to their respective interests, a Participant's surviving spouse and the Participant's spouse or former spouse who is an alternate payee under a QDRO.

Appears in 1 contract

Samples: Plan and Trust Agreement (Finisar Corp)

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Participant Election. A Participant (including for this purpose, a former Employee) may elect, at the time and in the manner prescribed by the Plan Administrator, to have any portion of his/her eligible rollover distribution from the Plan paid directly to an eligible retirement plan specified by the Participant in a direct rollover electiondesignation. For purposes of this Section 6.106.08, a Participant includes as to their respective interests, a Participant's surviving spouse and the Participant's spouse or former spouse who is an alternate payee under a QDRO.

Appears in 1 contract

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

Participant Election. A Participant (including for this purpose, a former Employee) may elect, at the time and in the manner prescribed by the Plan AdministratorAdvisory Committee, to have any portion of his/her eligible rollover distribution from the Plan paid directly to an eligible retirement plan specified by the Participant in a direct rollover election. For purposes of this Section 6.10, a Participant includes as to their respective interests, a Participant's surviving spouse and the Participant's spouse or former spouse who is an alternate payee under a QDRO.

Appears in 1 contract

Samples: Plan and Trust Agreement (Flow International Corp)

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