Common use of Other Withdrawals Clause in Contracts

Other Withdrawals. If so elected by the Employer in the Plan Agreement, a Participant may make a withdrawal from his Employer Contribution Account or Employer -67- Matching Account for any reason upon written request to the Employer (or in such other manner as shall be made available and agreed upon by the Employer and Putnam), provided that (a) the Participant has been a Participant for xx xxxst five years, or (b) the withdrawal from such Account is limited to the excess of the balance of such Account on the date of the withdrawal over the aggregate of the amounts credited to such Account during the two year period immediately preceding the date of such withdrawal. No such withdrawal shall exceed the vested portion of the Participant's Account from which the withdrawal is made. A withdrawn amount may not be repaid to the Plan.

Other Withdrawals. If so elected by the Employer in the Plan Agreement, a Participant may make a withdrawal from his Employer Contribution Account or Employer -67- Matching Account for any reason upon written request to the Employer (or in such other manner as shall be made available and agreed upon by the Employer and PutnamXxxxxx), provided that (a) the Participant has been a Participant for xx xxxst at least five years, or (b) the withdrawal from such Account is limited to the excess of the balance of such Account on the date of the withdrawal over the aggregate of the amounts credited to such Account during the two year period immediately preceding the date of such withdrawal. No such withdrawal shall exceed the vested portion of the Participant's Account from which the withdrawal is made. A withdrawn amount may not be repaid to the Plan.

Other Withdrawals. If so elected by the Employer in the Plan Agreement, a Participant may make a withdrawal from his Employer Contribution Account or Employer -67- -68- 128 Matching Account for any reason upon written request to the Employer (or in such other manner as shall be made available and agreed upon by the Employer and PutnamPutnxx), provided xrovided that (a) the Participant has been a Participant for xx xxxst at least five years, or (b) the withdrawal from such Account is limited to the excess of the balance of such Account on the date of the withdrawal over the aggregate of the amounts credited to such Account during the two year period immediately preceding the date of such withdrawal. No such withdrawal shall exceed the vested portion of the Participant's Account from which the withdrawal is made. A withdrawn amount may not be repaid to the Plan.

Other Withdrawals. If so elected by the Employer in the Plan Agreement, a Participant may make a withdrawal from his Employer Contribution Account or Employer -67- Matching Account for any reason upon written request to the Employer (or in such other manner as shall be made available and agreed upon by the Employer and PutnamPutnxx), provided xrovided that (a) the Participant has been a Participant for xx xxxst at least five years, or (b) the withdrawal from such Account is limited to the excess of the balance of such Account on the date of the withdrawal over the aggregate of the amounts credited to such Account during the two year period immediately preceding the date of such withdrawal. No such withdrawal shall exceed the vested portion of the Participant's Account from which the withdrawal is made. A withdrawn amount may not be repaid to the Plan.