Continuance of the Plan. The Plan will continue in effect from year to year so long as such continuance is specifically approved annually by the Board of Trustees in accordance with the procedure specified in Section 3 above.
Continuance of the Plan. This Agreement will continue in effect from year to year so long as its continuance is specifically approved annually by vote of the Trust's Board of Trustees in the manner described in Section 2 above.
Continuance of the Plan. Although the Company intends to continue the Pension Plan for the duration of the collective bargaining agreement, it reserves the right to amend or terminate it at any time and for any reason by action of the Board of Directors, subject to collective bargaining. Of course, the Company cannot change or terminate the Pension Plan without first negotiating that change or termination with the Union. If the Plan ended, you would stop earning benefits. However, you would then have full rights to all benefits you had already earned.
Continuance of the Plan. The Employer expects to continue this Plan and Trust indefinitely. However, in the event that the Employer is legally dissolved pursuant to federal or state statute, court order or judicial decision, the Employer may terminate the Plan and Trust, but only if such termination is permitted under applicable Colorado law.
Continuance of the Plan. Great-West Life group benefit plan which the Employer extended to employees on November with the Union's approval, shall be continued.
