Withdrawals During Employment. If the Plan is a profit-sharing plan, and if the Employer has elected in the Adoption Agreement to permit withdrawals during Employment, prior to termination of Employment, each Participant upon attainment of age 59-1/2 may elect to withdraw, as of the Valuation Date next following the receipt of an election by the Administrator, and upon such notice as the Administrator may require, all or any part of the vested Account Balance of all of his or her Accounts, as of such Valuation Date.
Withdrawals During Employment. 5.7.1 If the Plan is a profit-sharing plan, and if the Employer has elected in the Adoption Agreement to permit withdrawals during Employment, prior to termination of Employment, each Participant upon attainment of age 59-1/2 may elect to withdraw, as of the Valuation Date next following the receipt of an election by the Administrator, and upon such notice as the Administrator may require, all or any part of the vested Account Balance of all of his or her Accounts, as of such Valuation Date.
5.7.2 Notwithstanding Section 5.7.1, prior to termination of Employment, each Participant with a Rollover Contributions Account and/or a Participant Voluntary Nondeductible Contributions Account may elect to withdraw, as of the Valuation Date next following the receipt of an election by the Administrator, and upon such notice as the Administrator may require, all or any of such Account, as of such Valuation Date.
5.7.3 The Administrator may establish from time to time rules and procedures with respect to any withdrawals including the order of Accounts from which such withdrawals shall be made.
5.7.4 No forfeitures shall occur as a result of a withdrawal pursuant to this Section 5.7.
5.7.5 If a Participant is married at the time of such election, the Participant's Spouse must consent to such a withdrawal in the same manner as provided in Section 6.2.4; provided, however, that if the Plan is a profit-sharing plan and Section 6.1.2 applies, the consent of the Participant's Spouse will not be required.
Withdrawals During Employment. Subject to the following provisions of this subsection 10.2, a Participant whose Termination Date has not yet occurred may elect to withdraw all or part of the Participant’s interest in the Investment Funds (other than the Loan Fund) in such proportion as the Participant shall direct and upon such prior notice as the Administration Committee may require, as provided and in the order set forth below:
a. up to 100% of the After-Tax Contributions (excluding any earnings thereon) made by the Participant prior to January 1, 1987;
b. up to 100% of the Participant’s After-Tax Account (excluding pre-1987 contributions);
c. up to 100% of the Participant’s QVEC Account (including earnings thereon);
d. up to 100% of the Participant’s Rollover Account (including earnings thereon);
e. in the event of the Participant’s attainment of age 59 1/2, up to 100% of the vested balances in all of the Participant’s Accounts;
f. in the event of a Hardship, up to 100% of the vested portion of, first, the Participant’s Employer Contributions Account, and then the Participant’s Matching Account;
g. in the event of a Hardship, up to 100% of the Elective Deferrals credited to the Participant’s Elective Deferral Account (excluding any earnings thereon); and
h. in the event a Participant is ordered or called to active military duty for a period in excess of 179 calendar days and qualifies for a “qualified reservist distribution” under Code Section 79(t)(2)(G)(iii), up to 100% of the vested balances in all of the Participant’s Accounts. No portion of a Participant’s Qualified Matching Account or Qualified Nonelective Account may be withdrawn prior to the Participant’s attainment of age 59½.
Withdrawals During Employment. 47 5.8 Loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 5.9
Withdrawals During Employment. (A) WITHDRAWALS FROM PARTICIPANT ACCOUNTS. Shall withdrawals of Participant Accounts (other than the portion of such Participant Accounts attributable to required Participant Contributions and to Participant Contributions which are matched by the Employer) be permitted (check one)?
Withdrawals During Employment. Subject to Section 7.11, a Member may make a withdrawal from his Accounts during employment by an Employer or Affiliate in accordance with the following provisions of this Section 7.2:
Withdrawals During Employment. (A) WITHDRAWALS FROM PARTICIPANT ACCOUNTS. Shall withdrawals of Participant Accounts (other than the portion of such Participant Accounts attributable to required Participant Contributions and to Participant Contributions which are matched by the Employer) be permitted (check one)?
(B) WITHDRAWALS FROM QVEC ACCOUNTS. Shall withdrawals of QVEC Accounts be permitted (check one)?
(C) WITHDRAWALS FROM ROLLOVER ACCOUNTS. Shall withdrawals of Rollover Accounts be permitted (check one)? [ ] (1) Yes [ X ] (2) No [ ] (3) N/A (D) HARDSHIP AND POST - 59 1/2 WITHDRAWALS FROM ELECTIVE DEFERRAL ACCOUNTS. Shall withdrawals of Elective Deferral Accounts be permitted (if such withdrawals are to be permitted, check either (1) or (2) or both) [ ] (1) on account of hardship [ ] (2) after reaching age 59-1/2 (check one)?
(a) Yes [ ] (b) No [ X ] (c) N/A
Withdrawals During Employment. Age 59 1/2 Withdrawal: If the Plan is a profit sharing plan, unless selected otherwise in the Adoption Agreement, upon attainment of age 59 1/2 and upon such notice as the Plan Administrator may require, a Participant may elect to withdraw all or any part of the vested Account Balance in his or her Account as of the Valuation Date immediately preceding the processing of this withdrawal.
Withdrawals During Employment. This Section 7.10, other than Section 7.10(B), shall apply to the Plan only if the Plan, as adopted by the Employer, is a profit-sharing or profit-sharing 401(k) plan. Moreover, withdrawals by a Participant of his Vested Accrued Benefit while such Participant is employed by the Employer shall be permitted only if the applicable Adoption Agreement so provides and then only in accordance with the following rules:
Withdrawals During Employment. 7.3 Loans during Employment. * 7.4 Loan Requirements. * 7.5 Loan Expenses. * 7.6 Funding. * 7.7 Repayment. * 7.8 Valuation. * 7.9 Allocation among Investment Funds.. * 7.10 Disposition of Loan Upon Certain Events. * 7.11 Withdrawals from Plan While Loan is Outstanding. * 7.12 Compliance with Applicable Law. * 7.13 Default. * 7.14 Conversion of Loan to Hardship Distribution. *
