GNC 2011 Annual Report Download - page 182

casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the
Participant, (but shall in all events correspond to the meaning of the term "unforseeable emergency" under Code Section 409A(a)(2)
(v)).
1.21 "Fund" or "Funds" shall mean one or more of the investment funds selected by the Committee pursuant to
Section 3.3 of the Plan.
1.22 "Hardship Distribution" shall mean an accelerated distribution of benefits or a reduction or cessation of current
deferrals pursuant to Section 6.5 to a Participant who has suffered a Financial Hardship.
1.23 "Initial Election Period" shall mean the period established by the Committee for submission of the Participant
Election Forms prior to commencement of participation in the Plan pursuant to Article 2.
1.24 "Interest Rate" shall mean, for each Fund, an amount equal to the net gain or loss on the assets of such Fund during
each month, as determined by the Committee.
1.25 "Participant" shall mean any Eligible Executive who becomes a Participant in this Plan in accordance with Article 2.
1.26 "Participant Election Forms" shall mean the election forms established by the Committee by which a Participant
makes elections with respect to (1) voluntary deferrals of his/her Compensation, (2) the investment Funds which shall act as the basis
for crediting of interest on Account balances, and (3) the form and timing of distributions from Accounts. The Participant Election
Forms may take the form of an electronic communication followed by appropriate written confirmation according to specifications
established by the Committee.
1.27 "Payment Date" shall mean the date by which a lump sum payment shall be made or the date by which installment
payments shall commence. Unless otherwise specified, the Payment Date shall be the fifteenth (15th) day of the month commencing
after the event triggering the payout occurs. Subsequent installments shall be made in the same month of each succeeding Plan Year.
In the case of death, the Committee shall be provided with documentation reasonably necessary to establish the fact of the Participant's
death. The Payment date of a Retirement or Scheduled Distribution shall be by the fifteenth (15th) of the month following thirty (30)
days from month end following Retirement or determination of LTD. Notwithstanding the foregoing, the Payment Date shall not be
before the earliest date on which benefits may be distributed under Code Section 409A without violation of the provisions thereof as
reasonably determined by the Committee.
1.28 "Plan Year" shall mean the calendar year except that the first Plan Year shall begin on the Effective Date and end on
the last day of the calendar year in which the Effective Date occurs.
1.29 "Retirement" shall mean Termination of Service after having attained age sixty five (65) or at fifty five (55) and
above with at least ten (10) Years of Service.
3