Common use of Withdrawals and Distributions Clause in Contracts

Withdrawals and Distributions. The right of a Participant to withdraw amounts or to otherwise receive distributions from the XXX selected by the Participant upon commencement of participation in the Plan shall be determined by reference to the terms of such XXX, subject to such rules as may be issued by the Internal Revenue Service relating to excess contributions. Except as provided in the preceding sentence, Employer contributions are not conditioned on the retention in the Plan of any portion of the amount contributed and there is no prohibition imposed on withdrawals from the Plan.