Common use of HARDSHIP DISTRIBUTIONS Clause in Contracts

HARDSHIP DISTRIBUTIONS. Section 2.5.5 provides that an Employer may permit distributions to Participants while employed in the event of financial hardship as specified in the Plan: a. Hardship distributions are permitted.

Appears in 1 contract

Samples: Adoption Agreement (Anthra Pharmaceuticals Inc)

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HARDSHIP DISTRIBUTIONS. Section 2.5.5 provides that an Employer may permit distributions to Participants while employed in the event of financial hardship as specified in the Plan:: (X) a. Hardship distributions are permitted. ( ) b. Hardship distributions are not permitted. c. all of Participant's Accounts.

Appears in 1 contract

Samples: Adoption Agreement (Jones Medical Industries Inc /De/)

HARDSHIP DISTRIBUTIONS. Section 2.5.5 provides that an Employer may permit distributions to Participants while employed in the event of financial hardship as specified in the Plan: a. Hardship distributions are permitted.

Appears in 1 contract

Samples: Adoption Agreement for a Profit Sharing Plan (Main Street Banks Inc /New/)

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HARDSHIP DISTRIBUTIONS. Section 2.5.5 provides that an Employer may permit distributions to Participants while employed in the event of financial hardship as specified in the Plan: a. Hardship distributions are permitted.: (X)

Appears in 1 contract

Samples: Adoption Agreement (Southbanc Shares Inc)

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