Common use of Hardship Withdrawals Clause in Contracts

Hardship Withdrawals. Prior to age 59½, a Participant may withdraw balances attributable to Elective Deferrals (including Xxxx Elective Deferrals, if applicable) for reason of Hardship only. Safe Harbor Contributions, Qualified Matching Contributions, and Qualified Non-Elective Contributions are not available for Hardship distributions. [ ] 1. Hardship withdrawals are not permitted in the Plan. [x] 2. Hardship withdrawals are permitted in the Plan and will be taken from the Participant’s account as follows (select one or more of these options): [x] a. Participants may withdraw Elective Deferrals. [ ] b. Participants may withdraw Elective Deferrals and any earnings credited as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989). [ ] c. Participants may withdraw Xxxx Elective Deferrals. [ ] d. Participants may withdraw Rollover Contributions plus their earnings. [ ] e. Participants may withdraw vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] f. Participants may withdraw vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] g. Participants may withdraw fully vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] h. Participants may withdraw fully vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] i. Participants may withdraw vested Employer Matching Contributions (Formula 1) plus their earnings. [ ] j. Participants may withdraw vested Employer Matching Contributions (Formula 2) plus their earnings. [ ] k. Participants may withdraw Qualified Matching Contributions and Qualified Non-Elective Contributions plus their earnings, and the earnings on Elective Deferrals which have been credited to the Participant’s account as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989).

Appears in 2 contracts

Samples: Adoption Agreement (Connecticut Water Service Inc / Ct), Adoption Agreement (Connecticut Water Service Inc / Ct)

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Hardship Withdrawals. Prior to age 59½, a Participant may withdraw balances attributable to Elective Deferrals (including Xxxx Elective Deferrals, if applicable) for reason of Hardship only. Safe Harbor Contributions, Qualified Matching Contributions, and Qualified Non-Elective Contributions are not available for Hardship distributions. [ ] 1. Hardship withdrawals are not permitted in the Plan. [x] 2. Hardship withdrawals are permitted in the Plan and will be taken from the Participant’s account as follows (select one or more of these options): [x] a. Participants may withdraw Elective Deferrals. [ ] b. Participants may withdraw Elective Deferrals and any earnings credited as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989). [ ] c. Participants may withdraw Xxxx Elective Deferrals. [ ] d. Participants may withdraw Rollover Contributions plus their earnings. [ ] e. Participants may withdraw vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] f. Participants may withdraw vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] g. Participants may withdraw fully vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] h. Participants may withdraw fully vested Non-Elective Contributions (Formula 2) plus their earnings. 401(k) NS AA #010 3232 [ ] i. Participants may withdraw vested Employer Matching Contributions (Formula 1) plus their earnings. [ ] j. Participants may withdraw vested Employer Matching Contributions (Formula 2) plus their earnings. [ ] k. Participants may withdraw Qualified Matching Contributions and Qualified Non-Elective Contributions plus their earnings, and the earnings on Elective Deferrals which have been credited to the Participant’s account as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989).

Appears in 1 contract

Samples: Adoption Agreement (Connecticut Water Service Inc / Ct)

Hardship Withdrawals. Prior to age 59½, a Participant may withdraw balances attributable to Elective Deferrals (including Xxxx Elective Deferrals, if applicable) for reason of Hardship only. Safe Harbor Contributions, Qualified Matching Contributions, and Qualified Non-Elective Contributions are not available for Hardship distributions. [ ] 1. Hardship withdrawals are not permitted in the Plan. [x] 2. Hardship withdrawals are permitted in the Plan and will be taken from the Participant’s account as follows (select one or more of these options): [x] a. Participants may withdraw Elective Deferrals. [ ] b. Participants may withdraw Elective Deferrals and any earnings credited as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989). [ ] c. Participants may withdraw Xxxx Elective Deferrals. [ [x] d. Participants may withdraw Rollover Contributions plus their earnings. [ [x] e. Participants may withdraw vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] f. Participants may withdraw vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] g. Participants may withdraw fully vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] h. Participants may withdraw fully vested Non-Elective Contributions (Formula 2) plus their earnings. [ [x] i. Participants may withdraw vested Employer Matching Contributions (Formula 1) plus their earnings. [ ] j. Participants may withdraw vested Employer Matching Contributions (Formula 2) plus their earnings. [ ] k. Participants may withdraw Qualified Matching Contributions and Qualified Non-Non Elective Contributions plus their earnings, and the earnings on Elective Deferrals which have been credited to the Participant’s account as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989).

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp)

Hardship Withdrawals. Prior to age 59½, a Participant may withdraw balances attributable to Elective Deferrals (including Xxxx Rxxx Elective Deferrals, if applicable) for reason of Hardship only. Safe Harbor Contributions, Qualified Matching Contributions, and Qualified Non-Elective Contributions are not available for Hardship distributions. [ ] . ( ) 1. Hardship withdrawals are not permitted in the Plan. [x] 2. Hardship withdrawals are permitted in the Plan and will be taken from the Participant’s account as follows (select one or more of these options): [x] a. Participants may withdraw Elective Deferrals. [ ] b. Participants may withdraw Elective Deferrals and any earnings credited as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989). [ ] c. Participants may withdraw Xxxx Rxxx Elective Deferrals. [ [x] d. Participants may withdraw Rollover Contributions plus their earnings. [ [x] e. Participants may withdraw vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] f. Participants may withdraw vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] g. Participants may withdraw fully vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] h. Participants may withdraw fully vested Non-Elective Contributions (Formula 2) plus their earnings. [ [x] i. Participants may withdraw vested Employer Matching Contributions (Formula 1) plus their earnings. [ ] j. Participants may withdraw vested Employer Matching Contributions (Formula 2) plus their earnings. [ ] k. Participants may withdraw Qualified Matching Contributions and Qualified Non-Elective Contributions plus their earnings, and the earnings on Elective Deferrals which have been credited to the Participant’s account as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989).

Appears in 1 contract

Samples: Defined Contribution Plan (Savannah Bancorp Inc)

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Hardship Withdrawals. Prior to age 59½591/2, a Participant may withdraw balances attributable to Elective Deferrals (including Xxxx Elective Deferrals, if applicable) for reason of Hardship only. Safe Harbor Contributions, Qualified Matching Contributions, and Qualified Non-Elective Contributions are not available for Hardship distributions. [ ] . o 1. Hardship withdrawals are not permitted in the Plan. [x] . þ 2. Hardship withdrawals are permitted in the Plan and will be taken from the Participant’s account as follows (select one or more of these options): [x] ): o a. Participants may withdraw Elective Deferrals. [ ] . þ b. Participants may withdraw Elective Deferrals and any earnings credited as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989). [ ] . o c. Participants may withdraw Xxxx Elective Deferrals. [ ] . o d. Participants may withdraw Rollover Contributions plus their earnings. [ ] . o e. Participants may withdraw vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] . o f. Participants may withdraw vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] earnings. o g. Participants may withdraw fully vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] . o h. Participants may withdraw fully vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] . o i. Participants may withdraw vested Employer Matching Contributions (Formula 1) plus their earnings. [ ] . o j. Participants may withdraw vested Employer Matching Contributions (Formula 2) plus their earnings. [ ] . o k. Participants may withdraw Qualified Matching Contributions and Qualified Non-Elective Contributions plus their earnings, and the earnings on Elective Deferrals which have been credited to the Participant’s account as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989).

Appears in 1 contract

Samples: Adoption Agreement (Sterling Chemicals Inc)

Hardship Withdrawals. Prior to age 59½59 1/2, a Participant may withdraw balances attributable to Elective Deferrals (including Xxxx Elective Deferrals, if applicable) for reason of Hardship only. Safe Harbor Contributions, Qualified Matching Contributions, and Qualified Non-Elective Contributions are not available for Hardship distributions. [ ] 1. Hardship withdrawals are not permitted in the Plan. [x] 2. Hardship withdrawals are permitted in the Plan and will be taken from the Participant’s account as follows (select one or more of these options): [x] a. Participants may withdraw Elective Deferrals. [ ] b. Participants may withdraw Elective Deferrals and any earnings credited as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989). [ ] c. Participants may withdraw Xxxx Elective Deferrals. [ [x] d. Participants may withdraw Rollover Contributions plus their earnings. [ ] e. Participants may withdraw vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] f. Participants may withdraw vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] g. Participants may withdraw fully vested Non-Elective Contributions (Formula 1) plus their earnings. [ ] h. Participants may withdraw fully vested Non-Elective Contributions (Formula 2) plus their earnings. [ ] i. Participants may withdraw vested Employer Matching Contributions (Formula 1) plus their earnings. [ ] j. Participants may withdraw vested Employer Matching Contributions (Formula 2) plus their earnings. [ ] k. Participants may withdraw Qualified Matching Contributions and Qualified Non-Non- Elective Contributions plus their earnings, and the earnings on Elective Deferrals which have been credited to the Participant’s account as of December 31, 1988 (or if later, the end of the last Plan Year ending before July 1, 1989).

Appears in 1 contract

Samples: Defined Contribution Plan (Old Dominion Freight Line Inc/Va)

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