Common use of Permissible withdrawals allowed Clause in Contracts

Permissible withdrawals allowed. If the Plan satisfies the requirements for an EACA (as set forth in Section 3.03 of the Plan), the permissible withdrawal provisions under Section 3.03 of the Plan apply. Thus, a Participant who receives an automatic deferral may withdraw such contributions (and earnings attributable thereto) within the time period set forth under Section 3.03 of the Plan, without regard to the in-service distribution provisions selected under AA §10-1.

Permissible withdrawals allowed. If the Plan satisfies the requirements for an EACA (as set forth in Section 3.03 3.03(c)(2) of the Plan) or a QACA (as set forth in Section 6.04(b) of the Plan), the permissible withdrawal provisions under Section 3.03 3.03(c)(3) of the Plan apply. Thus, a Participant who receives an automatic deferral may withdraw such contributions (and earnings attributable thereto) within the time period set forth under Section 3.03 3.03(c)(3) of the Plan, without regard to the in-service distribution provisions selected under AA §10-1.