Unforeseeable Emergency

Unforeseeable Emergency. With respect to a Participant, a severe financial hardship resulting from an illness or accident of the Participant, the Participant's spouse, the Participant's Beneficiary, or the Participant's dependent (as defined in Code section 152, without regard to section 152(b)(1), (b)(2), and (d)(1)(B)); loss of the Participant'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 Participant, all within the meaning of Section 409A. The Committee shall determine whether an Unforeseeable Emergency has occurred with respect to a Participant. View More

Unforeseeable Emergency. A severe financial hardship to the Director resulting from an illness or accident of the Director, the Director's spouse, the Designated Beneficiary, or the Director's dependent (as defined in Code Section 152 without regard to subsections (b)(1), (b)(2) or (d)(1)(B) thereof), loss of the Director's property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Director

Unforeseeable Emergency. 1.11Unforeseeable Emergency.

Unforeseeable Emergency. A severe financial hardship to the Participant resulting from (a) an illness or accident of the Participant, the Participant's spouse, the Participant's Beneficiary or the Participant's dependent (as defined in Code Section 152(a), without regard to Code Sections 152(b)(1), 152(b)(2) and 152(d)(1)(B)); (b) loss of the Participant's property due to casualty; or (c) any other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant.... The Plan Administrator shall determine the occurrence of an Unforeseeable Emergency in accordance with Treas. Reg. §1.409A-3(i)(3) and any guidelines established by the Plan Administrator View More