Common use of Qualified Joint and Survivor Annuity Clause in Contracts

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 15 contracts

Samples: Participation Agreement (Miami Computer Supply Corp), Basic Plan (Tri Continental Corp), Qualified Retirement Plan (Teardrop Golf Co)

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Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not riot less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 2 contracts

Samples: Nabi /De/, Nabi /De/

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount actuarial equivalent of benefit which can be purchased with the Participant's vested account balanceNormal Form of Benefit, or, if greater, any optional form of benefit. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement.).

Appears in 2 contracts

Samples: Plan and Trust Agreement, Plan and Trust Agreement (Environmental Power Corp)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant Employee with a survivor annuity for the life of the spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant Employee and the spouse and which is the amount of benefit which can be purchased with the ParticipantEmployee's vested account balancebenefits. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)%.

Appears in 2 contracts

Samples: Trust Agreement (Carmike Cinemas Inc), Trust Agreement (Carmike Cinemas Inc)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant Employee with a survivor annuity for the life of the spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant Employee and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balanceEmployee’s benefits. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)%.

Appears in 1 contract

Samples: Trust Agreement (Carmike Cinemas Inc)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: Exhibit 99 (Peabody Energy Corp)

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement.).

Appears in 1 contract

Samples: www.theentrustgroup.com

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor Survivor annuity for the life of the spouse which is not less than 50% and not more than 100% 100 %, of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: Bradford Funds Inc

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than equals fifty percent (50% and not more than 100% %) of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)’s Vested Account Balance.

Appears in 1 contract

Samples: Adoption Agreement (Novo Nordisk a S)

Qualified Joint and Survivor Annuity. An immediate nontransferable annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount of benefit which can be purchased with the Participant's vested account Account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: Garmin LTD

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Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than fifty percent (50% %) and not more than one hundred percent (100% %) of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account Account balance. The percentage of the survivor annuity under the Plan shall be fifty percent (50% (unless a different percentage is elected by the Employer in the Adoption Agreement%).

Appears in 1 contract

Samples: Investors Research Fund Inc

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and end the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balancebalance(s). The percentage A qualified joint and survivor annuity for a Participant who is not married is an annuity for the life of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)Participant.

Appears in 1 contract

Samples: Titan Corp

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased purchasetl with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall shalt be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

Appears in 1 contract

Samples: Weststar Financial Services Corp

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount of benefit which that can be purchased with the Participant's vested account balanceVested Individual Account. The percentage of the survivor annuity under the Plan shall be is 50% (unless a different percentage is elected by the Employer in the Adoption Agreement)%.

Appears in 1 contract

Samples: Kevco Inc

Qualified Joint and Survivor Annuity. An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse Spouse which is not less than 50% 50 percent and not more than 100% 100 percent of the amount of the annuity which is payable during the joint lives of the Participant and the spouse Spouse and which is the amount of benefit which can be purchased with the Participant's vested account balanceVested Account Balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement.).

Appears in 1 contract

Samples: Trimedyne Inc

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