HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.01 whether a Participant may receive hardship distribution (as defined in Section 6.09) from his/her deferral contributions Account prior to the Participant's Separation from Service. A hardship distribution from the deferral contributions Account also must satisfy the requirements of this Section 14.11(A). A hardship distribution option may not apply to a Participant's qualified nonelective contributions Account, qualified matching contributions Account, nor to his/her safe harbor contributions Account except as provided in Paragraph (2).
Appears in 4 contracts
Samples: Participation Agreement (Petco Animal Supplies Inc), Adoption Agreement (Gold Banc Corp Inc), Bank of Granite Corp
HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.01 whether a Participant may receive hardship distribution (as defined in Section 6.09) from his/her deferral contributions Account prior to the Participant's ’s Separation from Service. A hardship distribution from the deferral contributions Account also must satisfy the requirements of this Section 14.11(A). A hardship distribution option may not apply to a Participant's ’s qualified nonelective contributions Account, qualified matching contributions Account, nor to his/her safe harbor contributions Account except as provided in Paragraph (2).
Appears in 2 contracts
Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Trimeris Inc
HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.01 6.03 whether a Participant may receive hardship distribution (as defined in Section 6.09) distributions from his/her deferral contributions his Deferral Contributions Account prior to the Participant's Separation from Service. A hardship distribution Hardship distributions from the deferral contributions Deferral Contributions Account also must satisfy the requirements of this Section 14.11(A)14.1l. A hardship distribution option may not apply to a the Participant's qualified nonelective contributions Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, qualified matching contributions Account, nor to his/her safe harbor contributions Account except as provided in Paragraph paragraph (23).
Appears in 1 contract
Samples: Defined Contribution Maser Plan and Trust Agreement (Washington Homes Inc)
HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.01 6.03 whether a Participant may receive hardship distribution (as defined in Section 6.09) distributions from his/her deferral contributions his Deferral Contributions Account prior to the Participant's Separation from Service. A hardship distribution Hardship distributions from the deferral contributions Deferral Contributions Account also must must' satisfy the requirements of this Section 14.11(A)14.11. A hardship distribution option may not apply to a the Participant's qualified nonelective contributions Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, qualified matching contributions Account, nor to his/her safe harbor contributions Account except as provided in Paragraph paragraph (23).
Appears in 1 contract
Samples: Expedia Inc
