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(d) Investment preference requests for past de~erred compensation <br /> <br />A participant may also, once in any taxable year, at the same time <br />as a change is requested under Section 5.3(c), or in lieu of a <br />change thereunder, change his or her investment preference request <br />with respect to all previously deferred compensation. Such changes <br />are limited to transfers to the fixed account only. These changes in <br />investment preference shall be effected as soon as practical as <br />cash flow to an account permits, but not later than six months <br />after the requested change. <br /> <br /> 5.4 Distribution events. A participant's deferred compensation <br />account may begin to be distributed in accordance with Section 5.5 and 5°6 the <br />month following the day on which one of the following events occurs: <br /> <br />(a) Termination of service, <br /> <br />(b) Death, <br /> <br />(c) Financial ~mergency, <br /> <br />(d) Delayed distribution date as provided in Section 5.6. <br /> <br /> 5.5 Methods of distribution. Distribution of a participant's deferred <br />compensation account shall be made in one of the following ways, with the <br />method determined in accordance with Section 5.6: <br /> <br />(a) In a lump sum. <br /> <br />(b) In monthly installments distributed over a period of months <br /> specified by the participant not to exceed 240 months. <br /> <br />The monthly installment payment from the supplemental investment <br />account shall be determined by dividing the number of shares held <br />by the months to be paid in accordance with the withdrawal period <br />selected. Should such computation result in a quotient of less <br />than ten (10), then ten (10) shares shall be redeemed and distri- <br />buted to such employee or beneficiary each month until the <br />deferred compensation is depleted in its entirety. If the <br />deferred compensation has been invested in shares of more than one <br />investment account, shares will be redeemed in whole units propor- <br />tionately to the extent possible. Fixed return investment <br />payments shall also include payment of annual interest on the <br />invested balance. <br /> <br /> 5.6 Election of method and time of distribution. At any time prior to <br />the date distributions are to commence (except for hardship distributions <br />as provided in Section 5.7) a participant may elect a delayed distribution date or <br />elect the method by which the deferred compensation account shall be distributed <br />subjec% to the following rules: <br /> <br />(a) A participant or beneficiary may elect, by filing a form provided <br /> for that purpose, to delay the commencement of distributions until <br /> <br />-8- <br /> <br /> <br />