Financial Hardship. An in-service withdrawal will be on account of financial hardship only if the Participant has an immediate and heavy financial need and the withdrawal is necessary to meet such need. A withdrawal will be deemed to be on account of an immediate and heavy financial need if it is occasioned by:
Appears in 6 contracts
Samples: Plan Adoption Agreement (Microsoft Corp), Plan Adoption Agreement (Microsoft Corp), Popular Inc
Financial Hardship. (i) An in-service withdrawal will be on account of financial hardship only if the Participant participant has an immediate and heavy financial need and the withdrawal is necessary to meet such the need. A withdrawal will be deemed to be on account of an immediate and heavy financial need if it is occasioned by:.
Appears in 1 contract
Samples: Interpool Inc
Financial Hardship. (i) An in-service withdrawal will be on account of financial hardship only if the Participant Participants has an immediate and heavy financial need and the withdrawal is necessary to meet such the need. A withdrawal will be deemed to be on account of an immediate and heavy financial need if it is occasioned by:.
Appears in 1 contract
Samples: Novelis Inc.