Distribution on Death. Notwithstanding anything in this Plan to the contrary, if a Participant dies while employed (within the meaning of [Section 5.3]), or after his or her Retirement or other termination of employment or separation from service but prior to the completion of all payments in respect of his or her Accounts under the Plan, the total undistributed balance of such Accounts (or vested portion thereof) shall be paid to his or her Beneficiary in a lump sum. Payment by the Employer pursuant to any unrevoked and valid Beneficiary designation under on the fifteenth (15th) day of the third month following the month in which death occurs, in an amount based on the balance of the participant’s Accounts on the last day of the month preceding payment. [Section 1.4(c)], or to the person or persons entitled thereto under [Section 1.4(c)] in the absence of such a designation, shall terminate any and all liability of the Employer with respect thereto.
Distribution on Death. Notwithstanding anything in this Plan to the contrary, ifIf a Participant dies while employed (within the meaning of [Section 5.3]),a Director, or after his or her Retirement or other termination of employment or separationthe Participant’s Separation from serviceService but prior to the completion of all payments in respect of his or her Accounts under the Plan, the total undistributed balance of such Accounts (or vested portion thereof) shall be paid to his or her Beneficiary in a lump sum. Payment bysum within the Employer pursuant to any unrevoked and valid Beneficiary designation under90-day period beginning on the fifteenth (15th) day of the third month following the month in which death occurs, in an amount based on the balance of the participant’Participant’s Accounts on the last day of the month preceding payment. Payment by the Company pursuant to any unrevoked and valid Beneficiary designation under [Section 1.4(c)3(b)], or to the person or persons entitled thereto under [Section 1.4(c)3(b)] in the absence of such a designation, shall terminate any and all liability of the EmployerCompany with respect thereto.
Distribution on Account of Death; Distribution Following Death. Notwithstanding anything in this Plan toUpon the contrary, ifdeath of a Participant dies while employed (within the meaningprior to Termination of [Section 5.3]), or after his or her RetirementEmployment or other termination of employment or separation from service but prior todistribution trigger, the completion of all payments in respect of his or her Accounts under the Plan, the total undistributedParticipant’s Account balance of such Accounts (or vested portion thereof) shallwill be paid to his or herthe Participant’s Beneficiary in a single lump sum. Payment by the Employer pursuant to any unrevoked and valid Beneficiary designation under on the fifteenth (15th) day of the third monthsum as soon as practicable following the monthParticipant’s death, but in which death occurs, in an amount based on the balance of the participant’s Accounts onno event later than the last day of the month preceding payment. [Section 1.4(c)],calendar year immediately following the calendar year in which the Participant’s death occurs. Upon the death of a Participant following Termination of Employment or other distribution trigger, distribution will continue in the same form and at the same time it was scheduled to be paid to the person or persons entitled thereto under [Section 1.4(c)] inParticipant, subject to Section 5.3; provided, that upon the absence of such a designation, shall terminateBeneficiary’s death, any and all liabilityunpaid amounts will be paid to the estate of the Employer with respect thereto.Beneficiary as soon as practicable following the Beneficiary’s death, but in no event later than the last day of the calendar year immediately following the calendar year in which the Beneficiary’s death occurs.
Distribution onupon Death. Notwithstanding anything inany election made by a Participant or any other provision of this PlanSection 6 to the contrary, if a Participant dies while employed (within the meaning of [Section 5.3]), or after his or her Retirement or other termination of employment or separation from service but prior to the completion of all payments in respectbefore full distribution of his or her Accounts under the Plan, the total undistributedAccount balance, any remaining balance of such Accounts (or vested portion thereof) shall be paiddistributed to his or herthe Participant’s Beneficiary in a lump sum. Paymentsum within 90 days following the date of the Participant’s death. The amount of such lump sum distribution shall be calculated using the valuation of the Participant's Account as of the date preceding the date of distribution. Any payment required to be made to a Participant under the Plan that cannot be made due to the Participant’s death shall be made to the Participant’s Beneficiary, subject to applicable law. Each Participant shall have the right to designate one or more Beneficiaries, and to change a Beneficiary designation, from time to time by filing a written notice with the Employer pursuant to any unrevokedPlan Administrator. In the event that a Beneficiary does not survive the Participant and no successor Beneficiary is selected, or in the event no valid Beneficiary designation under onhas been made, the fifteenth (15th) day ofParticipant’s Beneficiary shall be the third month following the month in which death occurs, in an amount based on the balance of the participant’Participant’s Accounts on the last day of the month preceding payment. [Section 1.4(c)], or to the person or persons entitled thereto under [Section 1.4(c)] in the absence of such a designation, shall terminate any and all liability of the Employer with respect thereto.estate.
Distribution on Account of Death; Distribution Following Death. Notwithstanding anything in this Plan toUpon the contrary, ifdeath of a Participant dies while employed (within the meaningprior to Termination of [Section 5.3]), or after his or her RetirementEmployment or other termination of employment or separation from service but prior todistribution trigger, the completion of all payments in respect of his or her Accounts under the Plan, the total undistributedParticipant’s Account balance of such Accounts (or vested portion thereof) shallwill be paid to his or herthe Participant’s Beneficiary in a single lump sum. Payment by the Employer pursuant to any unrevoked and valid Beneficiary designation under on the fifteenth (15th) day of the third monthsum as soon as practicable following the monthParticipant’s death, but in which death occurs, in an amount based on the balance of the participant’s Accounts onno event later than the last day of the month preceding payment. [Section 1.4(c)],calendar year immediately following the calendar year in which the Participant’s death occurs. Upon the death of a Participant following Termination of Employment or other distribution trigger, distribution will continue in the same form and at the same time it was scheduled to be paid to the person or persons entitled thereto under [Section 1.4(c)]Participant, subject to Section 6.3, but will be paid in a single lump sum to the absence of such a designation, shall terminate any and all liabilityestate of the Employer with respect thereto.Beneficiary as soon as practicable following the Beneficiary’s death.
Distribution onPayment of Benefits Upon Death. Notwithstanding anything in this Plan to the contrary, ifIf a Participant or Former Participant whose employment with all Employers has not terminated dies while employed (withinbefore the meaningcomplete distribution of [Section 5.3]),one or after his or her Retirement or other termination of employment or separation from service but prior to the completion of all payments in respectmore of his or her Accounts underAccounts, the Plan,Participant or Former Participant shall become 100% vested in his Accounts; and the total undistributed balance of such Accounts (or vested portion thereof)shall become payable to the Beneficiary of the Participant or Former Participant and shall be paid toin accordance with [Sections 7.8 through 7.10]. Also, if a Participant or Former Participant whose employment with all Employers has terminated, but whose Account(s) have not yet become vested or are not yet forfeited (because of the extended vesting provisions of the Plan) dies before his or her BeneficiaryAccounts have become vested or are forfeited, the Participant or Former Participant shall become 100% vested in a lump sum. Payment by the Employer pursuant to any unrevokedhis Accounts; and valid Beneficiary designation under on the fifteenth (15th) day of the third month following the month in which death occurs, in an amount based on the balance of such Accounts shall become payable to the participant’s Accounts on the last dayBeneficiary of the month preceding payment. [Section 1.4(c)],Participant or to the person or persons entitled thereto under [Section 1.4(c)]Former Participant and shall be paid in the absence of such a designation, shall terminate any and all liability of the Employeraccordance with respect thereto.[Sections 7.8 through 7.10].
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