Modification of definition of eligible. rollover distribution to exclude hardship distributions. For purposes of the direct rollover provisions of the plan, any amount that is distributed on account of hardship shall not be an eligible rollover distribution and the distributee may not elect to have any portion of such a distribution paid directly to an eligible retirement plan.
Appears in 4 contracts
Samples: Profit Sharing Plan and Trust Adoption Agreement, Defined Contribution Prototype Plan (Trimeris Inc), Employee 401(k) Plan (Trimeris Inc)