Common use of HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT Clause in Contracts

HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.03 whether a Participant may receive hardship distributions from his Deferral Contributions Account prior to the Participant's Separation from Service. Hardship distributions from the Deferral Contributions Account must satisfy the requirements of this Section 14.11. A hardship distribution option may not apply to the Participant's Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, except as provided in paragraph (3).

Appears in 32 contracts

Samples: Adoption Agreement (Motor Cargo Industries Inc), Section Reference Plan Definition (Autobytel Com Inc), Plan and Trust Agreement (Diamond Technology Partners Inc)

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HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.03 whether a Participant may receive hardship distributions from his Deferral Contributions Account prior to the Participant's Separation from Service. Hardship distributions from the Deferral Contributions Account must satisfy the requirements of this Section 14.11. A hardship distribution option may not apply to the Participant's Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, except as provided in paragraph (3).

Appears in 8 contracts

Samples: Direct Focus Inc, Adoption Agreement (Checkfree Corp \Ga\), Adoption Agreement (Allied Capital Corp)

HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.03 6.01 whether a Participant may receive hardship distributions distribution (as defined in Section 6.09) from his Deferral Contributions his/her deferral contributions Account prior to the Participant's Separation from Service. Hardship distributions A hardship distribution from the Deferral Contributions deferral contributions Account also must satisfy the requirements of this Section 14.1114.11(A). A hardship distribution option may not apply to the a Participant's Qualified Nonelective Contributions Account or Qualified Matching Contributions qualified nonelective contributions Account, qualified matching contributions Account, nor to his/her safe harbor contributions Account except as provided in paragraph Paragraph (32).

Appears in 4 contracts

Samples: Participation Agreement (Petco Animal Supplies Inc), Adoption Agreement (Gold Banc Corp Inc), CRH Public LTD Co

HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.03 6.01 whether a Participant may receive hardship distributions distribution (as defined in Section 6.09) from his Deferral Contributions his/her deferral contributions Account prior to the Participant's ’s Separation from Service. Hardship distributions A hardship distribution from the Deferral Contributions deferral contributions Account also must satisfy the requirements of this Section 14.1114.11(A). A hardship distribution option may not apply to the a Participant's Qualified Nonelective Contributions Account or Qualified Matching Contributions ’s qualified nonelective contributions Account, qualified matching contributions Account, nor to his/her safe harbor contributions Account except as provided in paragraph Paragraph (32).

Appears in 2 contracts

Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Trimeris Inc

HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.03 whether a Participant may receive hardship distributions from his Deferral Contributions Account prior to the Participant's Separation from Service. Hardship distributions from the Deferral Contributions Account must must' satisfy the requirements of this Section 14.11. A hardship distribution option may not apply to the Participant's Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, except as provided in paragraph (3).

Appears in 1 contract

Samples: Expedia Inc

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HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.03 whether a Participant may receive hardship distributions from his Deferral Contributions Account prior to the Participant's Participants Separation from Service. Hardship distributions from the Deferral Contributions Account must satisfy the requirements of this Section 14.11. A hardship distribution option may not apply to the Participant's Participants Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, except as provided in paragraph (3).

Appears in 1 contract

Samples: Midcoast Energy Resources Inc

HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.03 whether a Participant may receive hardship distributions from his Deferral Contributions Account prior to the Participant's Separation from Service. Hardship distributions from the Deferral Contributions Account must satisfy the requirements of this Section 14.1114.1l. A hardship distribution option may not apply to the Participant's Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, except as provided in paragraph (3).

Appears in 1 contract

Samples: Defined Contribution Maser Plan and Trust Agreement (Washington Homes Inc)

HARDSHIP DISTRIBUTIONS FROM DEFERRAL CONTRIBUTIONS ACCOUNT. The Employer must elect in Adoption Agreement Section 6.03 whether a Participant may receive hardship distributions from his Deferral Contributions Account prior to the Participant's Separation from Service. Hardship distributions from the Deferral Contributions Account must satisfy the requirements of this Section 14.11. A hardship distribution option may not apply to the Participant's Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, except as provided in paragraph (3).72 103

Appears in 1 contract

Samples: Adoption Agreement (Reptron Electronics Inc)

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