Unforeseeable Emergency. The Committee may, in its sole and absolute discretion and subject to the requirements and restrictions under Section 409A of the Code, make a partial or total distribution of the Shares or cash deferred by a Participant upon the Participant’s request and a demonstration by the Participant of an “unforeseeable emergency” (as defined in Section 409A of the Code).
Appears in 6 contracts
Samples: Restricted Stock Unit Executive Award Agreement (Schneider National, Inc.), Restricted Stock Unit Award Agreement (Schneider National, Inc.), Restricted Stock Unit Executive Award Agreement (Schneider National, Inc.)
Unforeseeable Emergency. The Committee may, in its sole and absolute discretion and subject to the requirements and restrictions under Section 409A of the Code409A, make a partial or total distribution of the Shares or cash deferred by a Participant upon the Participant’s 's request and a demonstration by the Participant of an “unforeseeable emergency” "Unforeseeable Emergency" (as defined in Section 409A of the Code409A).
Appears in 3 contracts
Samples: Award Agreement (Cit Group Inc), Share Award Agreement (Cit Group Inc), Share Award Agreement (Cit Group Inc)
Unforeseeable Emergency. The Committee may, in its sole and absolute discretion and subject to the requirements and restrictions under Section 409A of the Code409A, make a partial or total distribution of the Shares or cash deferred by a Participant upon the Participant’s 's request and a demonstration by the Participant of an “unforeseeable emergency” "Unforeseeable Emergency" (as defined in Section 409A of the Code409A).
Appears in 1 contract
Samples: Cit Group Inc