Common use of HARDSHIP DISTRIBUTIONS Clause in Contracts

HARDSHIP DISTRIBUTIONS. Hardship Distributions are (select one): ¨ (1) permitted and shall be made from the vested portion of a Participant's Accounts (other than his or her Qualified Nonelective Contributions Account, Qualified Matching Contributions Account, QVEC Account, earnings accrued after December 31, 1988 on the Participant's Elective Deferral Contributions, or Safe Harbor Contributions under Section 3.14 as provided in Section 5.9.1 of the Base Plan Document. þ (2) not permitted.

Appears in 1 contract

Samples: Adoption Agreement (Books a Million Inc)

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HARDSHIP DISTRIBUTIONS. Hardship Distributions are (select one): ¨ ): x (1) permitted and shall be made from the vested portion of a Participant's ’s Accounts (other than his or her Qualified Nonelective Contributions Account, Qualified Matching Contributions Account, QVEC Account, earnings accrued after December 31, 1988 on the Participant's ’s Elective Deferral Contributions, or Safe Harbor Contributions under Section 3.14 as provided in Section 5.9.1 of the Base Plan Document. þ (2) not permitted.

Appears in 1 contract

Samples: Defined Contribution Plan and Trust (Triad Guaranty Inc)

HARDSHIP DISTRIBUTIONS. Hardship Distributions are (select one): ¨ distributions are: [X] (1) permitted and shall be made from the vested portion of a Participant's Accounts (other than his or her Qualified Nonelective Contributions Account, Qualified Matching Contributions Account, QVEC Account, earnings accrued after December 31, 1988 on the Participant's Elective Deferral Pre-Tax Contributions, or Safe Harbor Contributions under Section 3.14 3.16) as provided in Section 5.9.1 of the Base Plan Document5.9.1. þ [ ] (2) not permitted.

Appears in 1 contract

Samples: Profit Sharing Plan Adoption Agreement (Mpsi Systems Inc)

HARDSHIP DISTRIBUTIONS. Hardship Distributions are (select one): ¨ ): þ (1) permitted and shall be made from the vested portion of a Participant's ’s Accounts (other than his or her Qualified Nonelective Contributions Account, Qualified Matching Contributions Account, QVEC Account, earnings accrued after December 31, 1988 on the Participant's ’s Elective Deferral Contributions, or Safe Harbor Contributions under Section 3.14 as provided in Section 5.9.1 of the Base Plan Document. þ ¨ (2) not permitted.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)

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HARDSHIP DISTRIBUTIONS. Hardship Distributions are (select one): ¨ ): þ (1) permitted and shall be made from the vested portion of a Participant's Accounts (other than his or her Qualified Nonelective Contributions Account, Qualified Matching Contributions Account, QVEC Account, earnings accrued after December 31, 1988 on the Participant's Elective Deferral Contributions, or Safe Harbor Contributions under Section 3.14 as provided in Section 5.9.1 of the Base Plan Document. þ ¨ (2) not permitted.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP)

HARDSHIP DISTRIBUTIONS. Hardship Distributions are (select one): ¨ ): þ (1) permitted and shall be made from the vested portion of a Participant's ’s Accounts (other than his or her Qualified Nonelective Contributions Account, Qualified Matching Contributions Account, QVEC Account, earnings accrued after December 31, 1988 on the Participant's ’s Elective Deferral Contributions, or Safe Harbor Contributions under Section 3.14 as provided in Section 5.9.1 of the Base Plan Document. þ o (2) not permitted.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.)

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