If an Eligible Employee receives a hardship distribution in accordance with Treas. Reg. § 1.401(k)-1(d)(3) from the Qualified Plan: (i) the Eligible Employee’s deferral elections pursuant to Section 2(a) shall be immediately terminated; (ii) if the Eligible Employee receives the hardship distribution on or before June 30 of a calendar year, the Eligible Employee will not be eligible to recommence making Employee Deferrals with respect to Base Salary and Director Compensation until the following calendar year; and (iii) if the Eligible Employee receives the hardship distribution on or after July 1 of a calendar year, the Eligible Employee will not be eligible to recommence making Employee Deferrals with respect to Base Salary and Director Compensation until the second calendar year following the calendar year in which such hardship distribution was received; provided, however, the Eligible Employee may elect pursuant to Section 2(a) during the applicable annual open enrollment period with respect to the calendar year for which the Eligible Employee will be eligible to recommence making Employee Deferrals to defer Base Salary or Director Compensation for such calendar year.