Lump Sum Distribution definition

Lump Sum Distribution means a lump sum distribution elected under this Section 4.5.

Lump Sum Distribution means a payment by the retirement system of the entire balance in the alternate payee's segregated account, together with regular interest credited thereon.

Lump Sum Distribution means any dis-

Examples of Lump Sum Distribution in a sentence

• Lump Sum Distribution from Non-Qualified Retirement --------------------------------------------------- Plans.

• A Lump Sum Distribution or a Partial Distribution may be elected by any Participant, Beneficiary, or alternate payee under a Qualified Domestic Relations Order, in the form of an All Cash Distribution, a Stock and Cash Distribution or an All Stock Distribution.

• As soon as practicable after the 1997 Annual Meeting, every Eligible Director who has elected to receive a Lump Sum Distribution, in accordance with paragraph 3 of the Retirement Plan for Non-employee Directors, shall be granted a Lump Sum Distribution under this Plan.

• Eligible Directors shall not be deemed for any purpose to be, or have any rights as, shareholders of the Company with respect to any Lump Sum Distribution until the stock certificates are issued and then only from the date of the issuance of such stock certificates.

• Subject to the provisions of Section 8, as soon as practicable after the expiration of the deferral period under the Deferred Compensation Plan for Non-employee Directors applicable to such Lump Sum Distribution for an Eligible Director, the Company shall cause to be issued to such Eligible Director receiving a Lump Sum Distribution a stock certificate registered in the name of such Eligible Director evidencing the Lump Sum Distribution.

More Definitions of Lump Sum Distribution

Lump Sum Distribution means the form of payment described in section 6.3(b)(1).

Lump Sum Distribution means a distribution described in Section

Lump Sum Distribution has the meaning given such term by Section 402(d)(4) of the Code, without regard to clauses (i), (ii), (iii), and (iv) of subparagraph (A), subparagraph (B), or subparagraph (F) thereof. An event shall not be treated as described in subsection 11.12(b) or 11.12(c) unless the transferor corporation continues to maintain the Plan after the disposition and the purchaser does not maintain the Plan after the disposition. Moreover, a disposition that results in the employee's transfer to the purchaser and generally must be made by the end of the second calendar year after the calendar year in which the disposition occurred. --------------------- End of Article 11 73 - 68 -

Lump Sum Distribution means a single sum cash payment of a balance in the Participant’s Account.

Lump Sum Distribution means a single sum payment.

Lump Sum Distribution means a distribution of the entire amount in cash; provided, however, that the distribution of the portion, if any, of a Participant's Accounts are invested in the Investment Fund described in 6.1(c) shall be made, as elected (in accordance with Section 16.4) by the Participant or Beneficiary entitled to such distribution, either: (i) in whole shares of Corporation Stock with the value of any fractional shares and other amounts in the Participant's Accounts paid in cash, or (ii) entirely in cash.

Lump Sum Distribution has the meaning specified in Section 10.03(a).