Unforeseeable Emergency

Unforeseeable Emergency. Means an "unforeseeable emergency" within the meaning of Section 409A of the Code. The existence of an unforeseeable emergency will be determined by the Committee.

Unforeseeable Emergency. Means an "unforeseeable emergency" within the meaning of Section 409A(a)(2)(B)(ii) of the Code and applicable regulations

Unforeseeable Emergency. Unforeseeable Emergency means the occurrence of a severe financial hardship to the Participant resulting from (1) an illness or accident of the Participant, or the Participant's spouse, beneficiary, or dependent (as defined in section 152 of the Code without reference to section 152(b)(1), (b)(2), and (d)(1)(B) of the Code), (2) the loss of property due to casualty, or (3) similar extraordinary and unforeseeable circumstances beyond the control of a Participant. Whether an Unforeseeable... Emergency has occurred shall be determined by the Board or the Administrator based on the relevant facts and circumstances of each case. View More

Unforeseeable Emergency. A severe financial hardship of a Participant resulting from an illness or accident of the Participant, his or her spouse, his or her dependent (as defined in Code section 152(a)); the 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. An unforeseeable emergency within the meaning of Section 409A(a)(2)(B)(ii) of the Internal Revenue Code, or any successor provision.

Unforeseeable Emergency. Means an unanticipated emergency that is caused by an event beyond the Participant's control resulting in a severe financial hardship that cannot be satisfied through other means. The existence of an unforeseeable emergency will be determined by the Administrator.

Unforeseeable Emergency. Means a severe financial hardship to the Participant resulting from an illness affecting the Participant or the Participant's Spouse or Dependent, loss of the Participant's property due to casualty, or other similar extraordinary and unforeseeable circumstance arising as a result of events beyond the Participant's control. Any amount distributed to the Participant under this Plan in connection with an Unforeseeable Emergency shall not exceed the amount necessary to satisfy the emergency plus... incidental costs. "Unforeseeable Emergency" is intended to have the same meaning as this term is defined under Code section 409A and the regulations thereunder. View More

Unforeseeable Emergency. Within the meaning of Code section 409A, as determined by the Committee

Unforeseeable Emergency. A severe financial hardship to the Participant resulting from (a) an illness or accident of the Participant or his or her spouse, beneficiary or dependent (as defined in Internal Revenue Code section 152, without regard to sections 152(b)(1), (b)(2) and (d)(1)(B)); (b) loss of the Participant's property due to casualty; or (c) other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the Participant's control, such as medical expenses or funeral expenses... for the Participant's spouse, beneficiary or dependent (as defined earlier in this subsection). The determination of whether an event constitutes an Unforeseeable Emergency shall be made based on the facts and circumstances of the specific event. View More

Unforeseeable Emergency. A severe financial hardship of the Participant or Beneficiary resulting from 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 Code Section 152(a)); 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, for example, not as a result of a natural disaster); or other... similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant or Beneficiary. In addition, the need to pay for medical expenses, including non-refundable deductibles, as well as for the costs of prescription drug medication, may constitute an Unforeseeable Emergency. Finally, the need to pay for the funeral expenses of a spouse or a dependent (as defined in Code Section 152(a)) may also constitute an Unforeseeable Emergency. An Unforeseeable Emergency must satisfy the requirements of Treasury Regulation Section 1.409A-3(i)(3) in order for a payment to be made. Whether a Participant is faced with an "Unforeseeable Emergency" permitting distribution under this Plan is to be determined by the Administrative Committee based on the relevant facts and circumstances of each case and in accordance with Code Section 409A. View More