Common use of Payment Options Clause in Contracts

Payment Options. Any benefit payable under the Plan upon a permitted Qualifying Distribution Event may be made to the Participant or his Beneficiary (as applicable) in any of the following payment forms, as selected by the Participant in the Participation Agreement:

Appears in 53 contracts

Samples: Plan Adoption Agreement (Webster Financial Corp), Adoption Agreement (Mdu Resources Group Inc), Nonqualified Excess Plan (Sound Financial Bancorp, Inc.)

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Payment Options. Any benefit payable under the Plan upon a permitted Qualifying Distribution Event may be made to the Participant or his Beneficiary (as applicable) in any of the following payment forms, as selected by the Participant in the Participation Participant Deferral Agreement:

Appears in 11 contracts

Samples: Adoption Agreement (Semtech Corp), Adoption Agreement (QC Holdings, Inc.), Adoption Agreement (Gladstone Commercial Corp)

Payment Options. Any If permitted by the plan design, any benefit payable under the Plan upon a permitted Qualifying Distribution Event may be made to the Participant or his the Beneficiary (as applicable) in any of the following payment forms, as selected by the Participant Participant, or mandated by the plan provisions in the Participation Agreement:

Appears in 6 contracts

Samples: Adoption Agreement (Northfield Bancorp, Inc.), Adoption Agreement (Sanfilippo John B & Son Inc), Adoption Agreement (Five Below, Inc)

Payment Options. Any benefit payable under the Plan upon a permitted Qualifying Distribution Event may be made to the Participant or his Beneficiary (as applicable) in any of the following payment forms, as selected by the Participant in the Participation Salary Deferral Agreement:

Appears in 2 contracts

Samples: Adoption Agreement (Paperweight Development Corp), Nonqualified Excess Plan Sm Adoption Agreement (Aftermarket Technology Corp)

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Payment Options. Any benefit payable under the Plan upon a permitted Qualifying Distribution Event may be made to the Participant or his Beneficiary (as applicable) in any of the following payment forms, as selected by the Participant in upon his entry into the Participation AgreementPlan [check desired option(s)]:

Appears in 1 contract

Samples: Adoption Agreement (S Y Bancorp Inc)

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