Distribution of Deferral Elections Made On or After . This [Section 5.2] shall apply to the distribution of all deferral elections made by a Participant on or after .
be permitted to modify a Specified Date distribution date and/or payment option in accordance with [Section 9.2] of the Plan. Distribution elections changes will not be permitted for Separation from Service elections.
Restated Plan. The amendment and restatement of the Plan was subsequently amended and restated effective to make certain amendments to defined terms, mid-year elections by newly eligible participants, timing and form of distribution elections, timing of participant investment changes, maximum deferral rate for incentive compensation, and the disability claims procedures of the Plan.
Contemporaneously with the deferral elections made for a Plan Year under [Section 4.1], Participants may make distribution elections for the deferrals made for such Plan Year for each of the following distribution triggering events:
In subsequent annual elections, a Director may make deferral and/or distribution elections that differ from previous elections, but only as they apply to deferrals for that year and not to previously deferred monies.
Distribution. The amount credited to a Participant’s Accounts, to the extent such Participant is vested in such Accounts, shall become payable to the Participant (or the beneficiary, as applicable) subject to [Section 4.6] upon any of the following events:
Distribution. The Participant’s vested Retirement Benefit shall be paid on the earlier of # the Participant’s Commencement Date or # the occurrence of a Change in Control. Notwithstanding the foregoing, if the Participant’s Commencement Date is determined by reference to the Participant’s termination of employment, then the payment of the Participant’s Retirement Benefit shall be made on the date that is at least six months and one day after the date of the Participant’s termination of employment; notwithstanding the foregoing, if the Participant dies within such six month period, the Participant’s Retirement Benefits shall be paid to his surviving spouse or his estate, if there is no surviving spouse, as soon as administratively practicable following the Participant’s death, as provided in [Section 6.1] of the Plan.
Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility
[Section 5.1(b)(1)(C)] (setting forth certain distribution options for the amount credited to a Participant’s Active SRSP Account) is hereby amended by adding thereto to [clauses [(iii) and (iv)])]])], such that it shall read as follows effective for distribution elections or changes to distribution elections made on or after such date as the Committee shall designate:
For Directors who make an Annual Deferred Cash Election, the Company will establish a bookkeeping account for cash deferred for that Plan Year (an “Annual Deferred Cash Account”) and will credit to the Annual Deferred Cash Account the amount of the Eligible Fees earned and deferred by him/her as of the date such fees would normally be payable by the Company (the “Credit Date”). Amounts credited to an Eligible Director’s Annual Deferred Cash Account will be adjusted for gains and/or losses to the same extent that equal amounts would have been adjusted if they had been invested in one or more notional investments designated by the Company. The use of notional investments herein is solely as a device for computing the amount of benefits to be paid under the Plan, and the Company shall not be required to purchase such investments.
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