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payment without the Participant's or Beneficiary's consent as soon as practicable following the <br /> Participant's retirement, death, or other Severance from Employment. <br /> (a) The Plan does not provide for distribution of small Account Balances without Participant <br /> or Beneficiary consent. <br /> 6.5 Forms of Distribution <br /> In an election to commence benefits under Section 6.2, a Participant entitled to a distribution of <br /> benefits under this Section VI may elect to receive payment in any of the following forms of <br /> distribution: <br /> (a) a lump sum payment of the Participant's total Account Balance. <br /> (b) partial distribution of the Participant's Account Balance. <br /> (c) in a series of installments over a period of years (payable on a monthly, quarterly, <br /> semi-annual or annual basis)which extends no longer than the life expectancy of the <br /> Participant as permitted under Code Section 4O1(a)(9). <br /> (d) a purchase of a single premium nontransferable annuity contract for such term and in such <br /> form as the Participant selects that provides for payments in the form of an irrevocable <br /> annuity each calendar year of amounts not less than the amount required under Code <br /> Section 4O1(a)(9). <br /> 6.6 Minimum Distribution Requirements <br /> (a) General Rules. <br /> Notwithstanding anything in this Plan to the contrary, distributions from this Plan shall <br /> commence and be made in accordance with Code Section 4O1(a)(9)and the regulations <br /> promulgated thereunder. Additionally, the requirements of this Section 6.6 will take <br /> precedence over any inconsistent provisions of the Plan. <br /> (b) Time and Manner of Distribution. <br /> (i) Required Beginning Date. The Participant's entire interest will be distributed, or <br /> begin to be distributed,to the Participant no later than the Participant's "required <br /> beginning date". <br /> (ii) Death of Participant Before Distributions Begin. If the Participant dies before <br /> distributions begin,the Participant's entire interest will be distributed, or begin to <br /> be distributed, no later than as follows: <br /> (A) If the Participant's surviving spouse is the Participant's sole "designated <br /> Beneficiary",then distributions to the surviving spouse will begin by <br /> 16 <br /> GN-107672 Specimen 457(b)Plan Document <br /> GPLANLVL—CORRSPND Deferred Compensation Plan <br /> Ver 102011 <br />