Laserfiche WebLink
5. <br />J <br />6. Personal bankruptcy (except when resulting directly and solely from illness, <br />f bl circumstances beyond <br />casualty loss or other similar extraordinary and un oreseea e <br />the Participant's or Beneficiary's control); <br />7. Payment of taxes, interest or penalties; or <br />8. Marital separation or divorce. <br />Plan Sponsor will make determinations with respect to any unforeseeable emergency <br />distribution request that does not clearly fall within the guidelines set forth above. <br />In the event of any changes to applicable <br />Treasury Regulations, Great -West may revise <br />time and without further notice to Plan Sponsor <br />in effect until revoked by either party. <br />law, including the safe harbor defined in the <br />this authorization and instruction from time to <br />This authorization and instruction shall remain <br />In order to receive this service, ,Plan Sponsor must also utilize Great -West's beneficiary <br />recordkeeping and deferral recordkeeping services. <br />For each , Participant receiving an unforeseeable emergency distribution, Plan <br />Sponsor instructs Great -West to notify Plan Sponsor to suspend elective deferrals for the period <br />required by the Plan, if any. Great -West is instructed to deny any request where the <br />unforeseeable emergency event ,occurred prior to the Effective Date, or more than one year <br />prior to the date the request is received. Great -West may contact Plan Sponsor for direction <br />when unusual situations arise. For each request that is denied or that cannot be processed due <br />to its failure to satisfy an unforeseeable emergency event, Plan Sponsor instructs Great -West to <br />notify the Participant to contact' Plan Sponsor if the Participant wishes to appeal the <br />determination." <br />Anew Section K. shall be added to the end of Section III. as follows: <br />"K Distributions Due to Severance from Employment for Reasons Other than Death or Disability <br />Plan Sponsor hereby instructs and authorizes Great -West to process, without Plan <br />Sponsor's further approval, Participant requests for distribution due to severance of <br />employment for any reason other than death or disability, provided such requests are received <br />in good order and in a manner acceptable to Great -West. <br />In order to receive this service, Plan Sponsor must also utilize Great -West's vesting tracking <br />service, if the Plan has a vesting schedule. If Plan Sponsor has not provided a Participant's <br />termination date or other required information, Plan Sponsor instructs Great -West to route the <br />request to Plan Sponsor for approval before processing the distribution. For spousal consent <br />purposes, Plan Sponsor instructs Great -West to rely on the marital status specified by the <br />Participant in the request form." <br />In all other respects the Agreement shall remain in full force and effect. <br />This Amendment No. 3 will take effect on September 30, 2017 (the "Effective Date") upon being <br />executed by both the Plan Sponsor and Great -West. <br />City of Santa Ana Service Agreement Amend No 3 <br />[Signature page to follow] <br />25M-5 <br />