Common use of HARDSHIP DISTRIBUTIONS Clause in Contracts

HARDSHIP DISTRIBUTIONS. Unless elected below, the hardship distribution provisions of the Plan do not apply with respect to primary beneficiaries. See Section C-2.01(c)

Appears in 3 contracts

Sources: 401(k) Plan Adoption Agreement, Nonstandardized Prototype Profit Sharing/401(k) Plan Adoption Agreement, 401(k) Plan Adoption Agreement

HARDSHIP DISTRIBUTIONS. Unless elected below, the hardship distribution provisions of the Plan do not apply with respect to primary beneficiaries. See Section C-2.01(c8.09(d)(4) of the Plan. þ Check this AA §10-4 to allow hardship distribution to be determined based on a hardship of a primary beneficiary (as permitted under Section 8.09(d)(4) of the Plan).

Appears in 1 contract

Sources: 403(b) Plan Adoption Agreement

HARDSHIP DISTRIBUTIONS. Unless elected below, the hardship distribution provisions of the Plan do not apply with respect to primary beneficiaries. See Section C-2.01(c8.09(d)(3) of the Plan. 🞎 Check this AA §10-4 to allow hardship distribution to be determined based on a hardship of a primary beneficiary (as permitted under Section 8.09(d)(3) of the Plan).

Appears in 1 contract

Sources: 403(b) Plan Adoption Agreement