A Member entitled to a Benefit shall elect a form of distribution under Section 8.6 in accordance with the Companys administrative procedures. Such election shall include such information as the Company may reasonably require and, if the distribution is to be made prior to the Members attainment of age 65, the election shall be made no more than 180 days prior to the distribution date elected by the Member.
Subject to Sections 8.3, 8.4 and 8.8, a Members Benefit shall be distributed to him on (or as soon as reasonably practicable after) the date that he has elected. The distribution election shall be made in accordance with the Companys administrative procedures, and where applicable, such procedures shall require the consent (written, if necessary) of the Member to the distribution of his Benefit before he attains age 65.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.