Unforeseeable Emergency Definition Example

This example Unforeseeable Emergency definition appears in 4 contracts from 1 company

Unforeseeable Emergency. Shall mean a severe financial hardship to a Participant resulting from an illness or accident of the Participant, the Participant's Spouse, or a dependent (as defined in Section 152(a) of the Code) 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. This definition shall be construed and administered in accordance with the requirements of Code... Section 409A(a)(2)(B)(ii). View More
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