Unforeseeable Emergency

Unforeseeable Emergency. A severe financial hardship to the Participant resulting from an illness or accident of the Participant, the Participant's spouse, or a dependent of the Participant, loss of the Participant's property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant.

Unforeseeable Emergency. A severe financial hardship to the Participant or Beneficiary resulting from: (i) An illness or accident of the Participant or Beneficiary, the Participant's or Beneficiary's spouse, or the Participant's or Beneficiary's dependent (as defined in Section 152(a) of the Code); or (ii) Loss of the Participant's or Beneficiary's property due to casualty (including the need to rebuild a home following damage to a home not otherwise covered by insurance); or (iii) Other similar extraordinary and... unforeseeable circumstances arising as a result of events beyond the control of the Participant or Beneficiary. Hardship shall not constitute an Unforeseeable Emergency under the Plan to the extent that it is, or may be, relieved by: (i) Reimbursement or compensation, by insurance or otherwise; (ii) Liquidation of the Participant's or Beneficiary's assets to the extent that the liquidation of such assets would not itself cause severe financial hardship. Such assets shall include but not be limited to stock options, Company stock, and 401(k) plan balances; or (iii) Cessation of deferrals under the Plan. An Unforeseeable Emergency under the Plan does not include (among other events): (i) Sending a child to college; or (ii) Purchasing a home. View More

Unforeseeable Emergency. Severe financial hardship to the Participant resulting from a sudden and unexpected illness or accident of the Participant or a dependent of the Participant, loss of the Participant's property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, in any case that is not or can not be relieved by the Participant through reimbursement or compensation by insurance or otherwise, liquidation of the... Participant's assets (to the extent such liquidation would not itself cause severe financial hardship), and in any case solely to the extent consistent with the grounds for action by the Plan Administrator under Section 12 of this Plan consistent with Legal Deferral Requirements. View More

Unforeseeable Emergency. With respect to a Participant, a severe financial hardship resulting from: (1) an illness or accident of the Participant, the Participant's spouse, or a dependent; (2) loss of the Participant's property due to casualty; or (3) other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, in each case as permitted pursuant to Section 409A

Unforeseeable Emergency. A severe financial hardship to the Participant resulting from an illness or accident of the Participant, the Participant's spouse, or a dependent (as defined in Code Section 152, without regard to Code Sections 152(b)(1), (b)(2), and (d)(1)(B)) of the Participant, loss of the Participant's property due to casualty, or similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, and otherwise meeting the definition set forth in... Treasury Regulation Section 1.409A-3(i)(3). View More

Unforeseeable Emergency. Means, within the meaning of Treas. Reg. Section 1.409A-3(i)(3), a severe financial hardship of the Participant resulting from (a) an illness or accident of the Participant, the Participant's spouse, or the Participant's dependent; (b) a loss of the Participant's property due to casualty; or (c) such other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, all as determined in the sole discretion of the Committee

Unforeseeable Emergency. An event that results in a severe financial hardship to a Director resulting from (1) an illness or accident of the Director, his or her spouse, dependent (as defined in Section 152(a) of the Code) or beneficiary, (2) loss of the Director's property due to casualty, or (3) other similar extraordinary circumstances arising as a result of events beyond the control of the Director

Unforeseeable Emergency. Shall have the same meaning as in Treasury Regulations Section 1.457-2(h)(4), as in effect on the date hereof; provided, however, that such term shall not include a Disability as defined herein

Unforeseeable Emergency. Severe financial hardship of Employee or Beneficiary resulting from an illness or accident of Employee or Beneficiary, Employee or Beneficiary's spouse, or Employee or Beneficiary's dependent(s) (as defined in Section 152(a) of the Code) or loss of Employee or Beneficiary's property due to casualty or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of Employee or Beneficiary within the meaning of Section 409A of the Code

Unforeseeable Emergency. Means a severe financial hardship to the Participant resulting from an illness or accident of the Participant, or his or her spouse or dependent (within the meaning of Section 152(a) of the Code), loss of the Participant's property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant but only if and to the extent it constitutes an "unforeseeable emergency" within the meaning of Section 409A of the... Code. The existence of an unforeseeable emergency will be determined by the Committee. View More