Qualcomm 2012 Annual Report Download - page 116

Distribution Date, a Participant has failed to elect a form of distribution or a Participant who elects an installment
distribution does not satisfy the requirements for the installment term elected, then such Participant's Benefits shall be
distributed in a single lump sum payment.
9.3.5 Installment Amounts
. For purposes of this Section 9.3, installment distributions shall commence
within sixty (60) days following a Participant's Retirement or Disability, and shall thereafter be paid within the thirty
(30) day period beginning on the last business day of each calendar quarter beginning with the calendar quarter next
following the quarter in which the initial payment date occurred (for quarterly installments) or on a date that is within 30
days of each anniversary of the initial payment date (for annual installments). Installment distributions with respect to an
In-
Service Distribution Date shall commence on the business day corresponding with or immediately following the date
elected by the Participant and be paid within the 30-
day period beginning on the last business day of each calendar
quarter beginning with the calendar quarter next following the quarter in which the initial payment date occurred (for
quarterly installments) or on a date that is within 30 days of each subsequent anniversary of the In-
Service Distribution
Date (for annual installments).
9.3.6 Reemployed After Installments Begin
. If a former Participant is reemployed after having begun
to receive installment distributions from the Plan, then such former Participant, upon once again becoming an Eligible
Employee, may begin a new period of participation in the Plan; provided, however, that the installment distributions
previously commenced will continue to be paid to the Participant over the specified installment period.
9.3.7 Minimum Account Balance Necessary for Installments
. Notwithstanding anything in the Plan to
the contrary, if a Participant's Account balance is less than $50,000 at the time elected to begin installment distributions,
the Participant's Benefit will automatically be distributed in a single lump sum.
9.4 Election of In-Service Distribution Date .
9.4.1 Initial Election .
Upon filing an Election to make Deferrals for any Plan Year, a Participant may
specify an In-
Service Distribution Date for the Subaccount to which such Deferrals are credited, subject to the following:
9.4.1.1 A Participant must elect an In-
Service Distribution Date for all of the Deferrals credited
to such Subaccounts for the Plan Year.
9.4.1.2 The In-
Service Distribution Date elected for any Deferral Subaccount must be at least
two (2) years after the end of the Plan Year for which the Deferrals to such Subaccount are made.
9.4.1.3
Benefits shall be paid (or payments shall commence in accordance with Section 9.3.5)
on the elected In-Service Distribution Date elected for such Deferral Subaccount.
9.4.2 Revocation or Amendment of In-Service Distribution Election .
A Participant who has elected an
In-Service Distribution Date may revoke and/or amend the In-Service
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