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to an "eligible retirement plan" specified by the Participant or spouse Beneficiary in a <br /> direct rollover. <br /> (b) For purposes of this Section 6.9, an "eligible rollover distribution" means any distribution <br /> of all or any portion of a Participant's Account Balance, except that an eligible rollover <br /> distribution does not include(i)any distribution that is one of a series of substantially equal <br /> periodic payment made not less frequently than annually for the life or life expectancy of <br /> the Participant or the joint lives or life expectancies of the Participant and the Participant's <br /> designated beneficiary, or for a specified period of ten years or more(ii) any distribution <br /> made as a result of an unforeseeable emergency, or(iii) any distribution that is a required <br /> minimum distribution under Code Section 401(a)(9). <br /> In addition, an "eligible retirement plan" with respect to the Participant,the participant's <br /> spouse, or the Participant's spouse or former spouse who is an alternate payee under a <br /> domestic relations order as defined in Code Section 414(p)means any of the following: (i) <br /> an individual retirement account described in Code Section 408(a), (ii) an individual <br /> retirement annuity described in Code Section 408(b), (iii) an annuity plan described in <br /> Code Section 403(a), (iv) a qualified defined contribution plan described in Code Section <br /> 4O1(a), (v)an annuity contract described in Code Section 4O3(b), (vi) an eligible deferred <br /> compensation plan described in Code Section 457(b)that is maintained by a State,political <br /> subdivision of a State,or any agency or instrumentality of a State or political subdivision of <br /> a State,or(vii)effective for distributions made on or after January 1,2008, a Roth IRA,as <br /> described in Code Section 408A,provided,that for distributions made before January 1, <br /> 2010, such rollover shall be subject to the limitations contained in Code Section <br /> 4O8A(c)(3)(B) . <br /> (c) A Beneficiary who is not the spouse of the deceased Participant may elect a direct rollover <br /> of a distribution to an individual retirement account described in Code Section 408(b)or to <br /> a Roth individual retirement account described in Code Section 408A(b)("IRA"),provided <br /> that the distributed amount satisfies all the requirements to be an eligible rollover <br /> distribution. The direct rollover must be made to an IRA established on behalf of the <br /> designated nonspouse Beneficiary that will be treated as an inherited IRA pursuant to the <br /> provisions of Code Section 402(c)(11). The IRA must be established in a manner that <br /> identifies it as an IRA with respect to a deceased Participant and also identifies the <br /> deceased Participant and the nonspouse Beneficiary. <br /> 6.10 Inservice Distributions <br /> (a) Unforeseeable Emergency Distributions. If the Participant who has not incurred a <br /> Severance from Employment or Beneficiary has an unforeseeable emergency, the <br /> Administrator may approve a single sum distribution of the amount requested or, if less, <br /> the maximum amount determined by the Administrator to be permitted to be distributed <br /> under this Section 6.10(a), Treasury Regulation Section 1.457-6(c) or other regulatory <br /> guidance. The Administrator shall determine whether an unforeseeable emergency exists <br /> based on relevant facts and circumstances, and Treasury Regulation Section 1.457-6(c) or <br /> other regulatory guidance. <br /> 23 <br /> GN-107672 Specimen 457(b)Plan Document <br /> GPLANLVL—CORRSPND Deferred Compensation Plan <br /> Ver 102011 <br />