Applicability of Withdrawal Provisions. The withdrawal provisions contained in this Section 17.1 shall be applicable only if the withdrawing Participating Company continues to cover its Participants and eligible employees in another profit-sharing plan or pension plan and trust qualified under Sections 401 and 501 of the Code. Otherwise, the termination provisions of Section 17.3 shall apply.
Appears in 5 contracts
Samples: Retirement and Savings Plan (Host Marriott L P), Retirement and Savings Plan (Host Marriott Corp/), Retirement and Savings Plan (Host Marriott Corp/)
Applicability of Withdrawal Provisions. The withdrawal provisions contained in this Section 17.1 Article XV shall be applicable only if the withdrawing Participating Company Employer continues to cover its Participants and eligible employees Employees in another profit-sharing plan or pension stock bonus/employee stock ownership plan and trust qualified under Code Sections 401 401, 409, 4975(e)(7) and 501 of the Code501. Otherwise, the termination provisions of Section 17.3 the Plan and Trust shall apply.
Appears in 2 contracts
