After a Change of Control. The Plan may be amended after a change of control, as defined in the Income Continuance Plan, (i) at any time but only to the extent necessary to alleviate a material adverse tax consequence to one or more Participants, former Spouses, or Beneficiaries, and (ii) at any time after the second anniversary of such change of control, but only with respect to the benefits of Participants who are then employed by Apache, its successor, or any related entity.
Appears in 4 contracts
Samples: Non Qualified Restorative Retirement Savings Plan (Apache Corp), Non Qualified Retirement/Savings Plan (Apache Corp), Non Qualified Retirement/Savings Plan (Apache Corp)
After a Change of Control. The Plan may be amended after a change “Change of controlControl”, as defined in the Income Continuance Plan, (i) at any time but only to the extent necessary to alleviate a material adverse tax consequence to one or more Participants, former Spouses, or Beneficiaries, and (ii) at any time after the second anniversary of such change Change of controlControl, but only with respect to the benefits of Participants who are then employed by Apache, its successor, or any related entity.
Appears in 1 contract
Samples: Non Qualified Retirement Savings Plan (Apache Corp)
After a Change of Control. The Plan may be amended after a change of control, as defined in the Income Continuance Plan, (i) at any time but only to the extent necessary to alleviate a material adverse tax consequence to one or more Participants, former Spouses, or Beneficiaries, and (ii) at any time after the second anniversary of such change of control, but only with respect to the benefits of Participants who are then employed by Apache, its successor, or any related entity.
Appears in 1 contract
Samples: Non Qualified Retirement/Savings Plan (Apache Corp)
