This excerpt taken from the PLCE 10-K filed Dec 5, 2007.
1.19 FORM OF DISTRIBUTIONS
Subject to Section 13.01, 13.02 and Article 14, distributions under the Plan shall be paid as provided below. (Check the appropriate box(es) and, if any forms of payment selected in (b), (c) and/or (d) apply only to a specific class of Participants, complete Subsection (b) of the Forms of Payment Addendum.)
(a) Lump Sum Payments - Lump sum payments are always available under the Plan.
(b) x Installment Payments - Participants may elect distribution under a systematic withdrawal plan (installments).
(c) £ Annuities (Check if the Plan is retaining any annuity form(s) of payment.)
(1) An annuity form of payment is available under the Plan for the following reason(s) (check (A) and/or (B), as applicable):
(A) £ As a result of the Plans receipt of a transfer of assets from another defined contribution plan or pursuant to the Plan terms prior to the Amendment Effective Date specified in Section 1.01(g)(2), benefits were previously payable in the form of an annuity that the Employer elects to continue to be offered as a form of payment under the Plan.
(B) £ The Plan received a transfer of assets from a defined benefit plan or another defined contribution plan that was subject to the minimum funding requirements of Code Section 412 and therefore an annuity form of payment is a protected benefit under the Plan in accordance with Code Section 411(d)(6).
(2) The normal form of payment under the Plan is (check (A) or (B)):
(A) £ A lump sum payment.
(i) Optional annuity forms of payment (check (I) and/or (II), as applicable). (Must check and complete (I) if a life annuity is one of the optional annuity forms of payment under the Plan.)