Distributable Events. Except as provided in Section 9.2 or 9.5 of this Article, the Participant shall be entitled to distribution of assets in the Participant Account only after the occurrence of one of the following events, subject to any additional exceptions or limitations applicable under the Plan and applicable law: The Participant attains age 59 ½; The Participant has a severance from employment with the Employer; The Participant’s death, The Disability of the Participant, The existence of a Hardship, The Employer terminates the Plan or If permitted under the Employer’s Plan, a Participant who is on active duty performing qualified military service for a period of at least 30 days and who meets the requirements of Section 414(u) of the Code may elect to receive a distribution of the Participant’s elective deferrals into the Plan as permitted thereunder. Notwithstanding the foregoing, Rollover Contributions may be distributed at any time without restriction. The Custodian may make distributions hereunder in accordance with Instructions from the Employer, the Program Sponsor or the TPA, if applicable, and may rely on such Instructions in making any distribution from the Custodial Account.
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Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement
