BBBY » Topics » 6.2 Distributions from an In-Service Account.

This excerpt taken from the BBBY 8-K filed Jan 5, 2006.

6.2                     Distributions from an In-Service Account.

 

In-Service Account payouts shall begin as soon as administratively feasible but no later than sixty (60) days following January 1 of the calendar year designated by the Participant, on a properly submitted Deferral Election, and are payable in either a lump-sum payment or substantially equal annual installments, as described in Section 6.4 below, over a period of up to five (5) years as elected by the Participant in his or her Deferral Election.  If a Participant has an In-Service Account(s) at the time of his or her Retirement, said Account(s) shall be distributed in

 

8



 

a lump sum as soon as administratively feasible but no later than sixty (60) days following the Participant’s Retirement, subject to Section 6.10 below.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki