Upon a Participant’s death, benefits under the Plan shall be payable in cash to a Participant’s Beneficiary. If a Participant dies while still actively employed by the Company, such payment shall be made as a single lump-sum payment within 90 days of the date of the Participant’s death, or such later date permissible under Section 409A. If a Participant elects annual installment payments and dies after such installment payments have commenced, any remaining installment payments shall be made to such Participant’s Beneficiary as a single lump‑sum payment within 90 days of the date of the Participant’s death, or such later date permissible under Section 409A.