Common use of Hardship Clause in Contracts

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is available only as an additional option) (1) Under Section 6.01(A)(4) of the Plan. [ ] (2) Under Section 14.11 of the Plan. [ ] (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 22 contracts

Samples: Adoption Agreement (Paychex Inc), Adoption Agreement (National Home Centers Inc), Adoption Agreement (Motor Cargo Industries Inc)

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Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is available only as an additional option) (1) Under Section 6.01(A)(4) of the Plan. [ ] (2) Under Section 14.11 of the Plan. [ ] (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 16 contracts

Samples: Adoption Agreement (Goodmark Foods Inc), Adoption Agreement (Washington Homes Inc), Adoption Agreement (Goodmark Foods Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (32); (4) is available only as an additional option) (1) Under Section 6.01(A)(4) of the Plan. [ ] In no event may a Participant receive a hardship distribution under this Option (2g) Under Section 14.11 of before he is at least _________________$ vested in his Accrued Benefit. [Note: If the Plan. [ ] (3) Provided percentage in the addendum to this Adoption Agreementblank is less than 100%, numbered see the special vesting formula in Section 6.035.03.]

Appears in 11 contracts

Samples: Adoption Agreement (Invesco Multiple Asset Funds Inc), Adoption Agreement (Invesco Income Funds Inc), Adoption Agreement (Invesco Capital Appreciation Funds Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is available only as an additional option) (1) Under Section 6.01(A)(4) of the Plan. [ ] . (2) Under Section 14.11 of the Plan. [ ] . (3) Provided in the addendum to this Adoption Agreement, numbered Section Setion 6.03. (4) In no event may a Participant receive a hardship distribution before he is at least ---------% vested in these Accounts. [Note: If the percentage in the blank is less than 100%, see the special vesting formula in Section 5.03.]

Appears in 2 contracts

Samples: Nonstandardized 401(k) Plan Adoption Agreement (Invesco Value Trust), Adoption Agreement (Invesco International Funds Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is available only as an additional option) (1) Under Section 6.01(A)(46.01 (A)(4) of the Plan. Plan [ ] (2) Under Section 14.11 of the Plan. [ ] (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 1 contract

Samples: Adoption Agreement (Mmi Products Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is available only as an additional option): (1) Under Section 6.01(A)(4) of the Plan. [ ] (2) Under Section 14.11 of the Plan. [ ] (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03. In no event may a Participant receive a hardship distribution before he is at least 100% vested in his Employer Contribution Accounts. [ ] (h) (Specify)___________________________________________ ___________________________________________________________.

Appears in 1 contract

Samples: 401(k) Retirement Savings Plan (Reptron Electronics Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is available only as an additional option) (1) Under Section 6.01(A)(4) of the Plan. [ [x] (2) Under Section 14.11 of the Plan. [ ] (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 1 contract

Samples: Adoption Agreement (Pluma Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is 4)is available only as an additional option) (1) Under Section 6.01(A)(4) of the Plan. [ [X] (2) Under Section 14.11 of the Plan. [ ] (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 1 contract

Samples: Adoption Agreement (Midcoast Energy Resources Inc)

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Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is available only as an additional option) o (1) Under Section 6.01(A)(4) of the Plan. [ ] . (2) Under Section 14.11 of the Plan. [ ] o (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 1 contract

Samples: Adoption Agreement (Sauer Danfoss Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); (4) is available only as an additional option) (1) Under Section 6.01(A)(4) of the Plan. [ ] |_| (2) Under Section 14.11 of the Plan. [ ] |_| (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 1 contract

Samples: Adoption Agreement (Ce Software Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1), (2) or (3); , (4) is available only as an additional option) (1) Under Section 6.01(A)(4) of the Plan. [ ] (2) Under Section 14.11 of the Plan. [ ] (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 1 contract

Samples: Adoption Agreement (Transcrypt International Inc)

Hardship. A Participant may elect a hardship distribution prior to his Separation from Service in accordance with the hardship distribution policy: (Choose (1l), (2) or (3); (4) is available only as an additional option) ) [n/a] (1) Under Section 6.01(A)(4) of the Plan. [ [n/a] (2) Under Section 14.11 of the Plan. [ [n/a] (3) Provided in the addendum to this Adoption Agreement, numbered Section 6.03.

Appears in 1 contract

Samples: Discretionary Contribution Plan and Trust Agreement (Hollis Eden Pharmaceuticals Inc /De/)