Examples of Pre-2005 Deferrals in a sentence
In order to protect the grandfathered status of Pre-2005 Deferrals under Section 409A, the Pre-2005 Deferrals shall at all times and in all circumstances be subject only to the provisions relating to Pre-2005 Deferrals set forth herein.
Calendar Year Subaccounts that contain Pre-2005 Deferrals, and corresponding hypothetical income, gains and losses attributable thereto, are subject to certain terms that are not applicable to Post-2004 Deferrals, as described herein.
Notwithstanding any other provision now or hereafter included in this Plan, no amendment shall be applicable to the provisions of the Plan regarding Pre-2005 Deferrals.
Notwithstanding any other provision of the Plan to the contrary, a Participant may receive payment of all or a portion of any Pre-2005 Deferrals credited to any Calendar Year Subaccount as soon as administratively practicable following the approval by the Committee of a written application for such payment which demonstrates that the Participant has incurred a severe financial hardship as a result of an unanticipated emergency beyond the control of the Participant.
Notwithstanding any election made by a Participant, any Pre-2005 Deferrals credited to any of a Participant’s Calendar Year Subaccounts that have not been paid to the Participant as of the date of his or her death shall be paid to the Participant’s Beneficiary in the form elected by the Participant.