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HBI » Topics » 10.05 Direct Rollover of Eligible Rollover Distributions

This excerpt taken from the HBI 8-K filed Sep 5, 2006.

10.05 Direct Rollover of Eligible Rollover Distributions

Notwithstanding any provisions of the Plan to the contrary, a Distributee under the Plan who receives an Eligible Rollover Distribution may elect, at the time and in the manner prescribed by the Committee, to have any portion of the distribution paid directly to an Eligible Retirement Plan specified by the Distributee in a Direct Rollover.

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