Common use of Continuation of Plan Clause in Contracts

Continuation of Plan. Subject to the continuing approval of the Commissioner of 37 Internal Revenue and of other cognizant governmental authorities, as more particularly hereinafter 38 specified, and to the provisions of 15.5, a Voluntary Investment Plan (hereinafter call the Plan) in 39 the form as now in effect as to the employees within the units to which this Agreement relates shall 40 continue to be effective while this Agreement is in effect as to such employees in accordance with and 41 subject to the terms, conditions and limitations of the Plan. 42 Section 15.2 Approval of Plan. Approval of the Plan by the Commissioner of Internal Revenue as 44 referred to in 15.1 means a continuing approval sufficient to establish that the Plan and related trust 45 or trusts are at all times qualified and exempt from income tax under Section 401(a), Section 401(k) 46 and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made 47 by the Company under the Plan are deductible for income tax purposes in accordance with law. The 48 cognizant governmental authorities referred to in 15.1 include, without limitation, the Department 49 of Labor and the Securities and Exchange Commission, and their approval means their confirmation 50 with respect to any matter within their regulatory authority that the Plan does not conflict with 51 applicable law. 52

Continuation of Plan. Subject to the continuing approval of the Commissioner of 37 Internal Revenue 6 Revenue, to the extent available, and of other cognizant governmental authorities, as more particularly 7 hereinafter 38 specified, and to the provisions of 15.517.5, a Voluntary Investment Retirement Plan (hereinafter call called the Plan) in 39 the 8 form as now in effect as to the employees within the units to which this Agreement relates shall 40 continue 9 to be effective while this Agreement is in effect as to such employees in accordance with and 41 subject to 10 the terms, conditions conditions, and limitations of the Plan. 42 11 Section 15.2 17.2 Approval of Plan. Approval of the Plan by the Commissioner of Internal Revenue as 44 13 referred to in 15.1 17.1 means a continuing approval sufficient to establish that the Plan and related trust 45 or trusts trust(s) are at 14 all times qualified and exempt from income tax under Section 401(a), Section 401(k) 46 and other applicable provisions of the 15 Internal Revenue Code of 1986, and that contributions made 47 by the Company under the Plan are deductible 16 for income tax purposes in accordance with law. The 48 cognizant governmental authorities referred to in 15.1 17 17.1 include, without limitation, the Department 49 of Labor Labor, the Pension Benefit Guaranty Corporation and 18 the Securities and Exchange Commission, and their approval means their confirmation 50 with respect to any 19 matter within their regulatory authority that the Plan does not conflict with 51 applicable law. 5220

Continuation of Plan. Subject to the continuing approval of the Commissioner of 37 Internal Revenue 6 Revenue, to the extent available, and of other cognizant governmental authorities, as more particularly 7 hereinafter 38 specified, and to the provisions of 15.517.5, a Voluntary Investment Retirement Plan (hereinafter call called the Plan) in 39 the 8 form as now in effect as to the employees within the units to which this Agreement relates shall 40 continue to 9 be effective while this Agreement is in effect as to such employees in accordance with and 41 subject to the 10 terms, conditions conditions, and limitations of the Plan. 42 11 Section 15.2 17.2 Approval of Plan. Approval of the Plan by the Commissioner of Internal Revenue as 44 13 referred to in 15.1 17.1 means a continuing approval sufficient to establish that the Plan and related trust 45 or trusts trust(s) are at 14 all times qualified and exempt from income tax under Section 401(a), Section 401(k) 46 and other applicable provisions of the 15 Internal Revenue Code of 1986, and that contributions made 47 by the Company under the Plan are deductible 16 for income tax purposes in accordance with law. The 48 cognizant governmental authorities referred to in 15.1 17 17.1 include, without limitation, the Department 49 of Labor Labor, the Pension Benefit Guaranty Corporation and 18 the Securities and Exchange Commission, and their approval means their confirmation 50 with respect to any 19 matter within their regulatory authority that the Plan does not conflict with 51 applicable law. 5220

Continuation of Plan. Subject to the continuing approval of the 6 Commissioner of 37 Internal Revenue Revenue, to the extent available, and of other cognizant 7 governmental authorities, as more particularly hereinafter 38 specified, and to the provisions 8 of 15.517.5, a Voluntary Investment Retirement Plan (hereinafter call called the Plan) in 39 the form as now in effect as to the 9 employees within the units to which this Agreement relates shall 40 continue to be effective 10 while this Agreement is in effect as to such employees in accordance with and 41 subject to 11 the terms, conditions conditions, and limitations of the Plan. 42 13 Section 15.2 17.2 Approval of Plan. Approval of the Plan by the Commissioner of Internal 14 Revenue as 44 referred to in 15.1 17.1 means a continuing approval sufficient to establish that 15 the Plan and related trust 45 or trusts trust(s) are at all times qualified and exempt from income tax under 16 Section 401(a), Section 401(k) 46 and other applicable provisions of the Internal Revenue Code of 1986, and 17 that contributions made 47 by the Company under the Plan are deductible for income tax 18 purposes in accordance with law. The 48 cognizant governmental authorities referred to in 15.1 19 17.1 include, without limitation, the Department 49 of Labor Labor, the Pension Benefit Guaranty 20 Corporation and the Securities and Exchange Commission, and their approval means their 21 confirmation 50 with respect to any matter within their regulatory authority that the Plan 22 does not conflict with 51 applicable law. 52.

Continuation of Plan. Subject to the continuing approval of the Commissioner of 37 26 Internal Revenue and of other cognizant governmental authorities, as more particularly hereinafter 38 27 specified, and to the provisions of 15.5, a Voluntary Investment Plan (hereinafter call the Plan) in 39 28 the form as now in effect as to the employees within the units to which this Agreement relates shall 40 29 continue to be effective while this Agreement is in effect as to such employees in accordance with and 41 30 subject to the terms, conditions and limitations of the Plan. 42 32 Section 15.2 Approval of Plan. Approval of the Plan by the Commissioner of Internal Revenue as 44 33 referred to in 15.1 means a continuing approval sufficient to establish that the Plan and related trust 45 or 34 trusts are at all times qualified and exempt from income tax under Section 401(a), Section 401(k) 46 and 35 other applicable provisions of the Internal Revenue Code of 1986, and that contributions made 47 by the 36 Company under the Plan are deductible for income tax purposes in accordance with law. The 48 cognizant 37 governmental authorities referred to in 15.1 include, without limitation, the Department 49 of Labor and 38 the Securities and Exchange Commission, and their approval means their confirmation 50 with respect to 39 any matter within their regulatory authority that the Plan does not conflict with 51 applicable law. 5240

Continuation of Plan. Subject to the continuing approval of the Commissioner of 37 Internal Revenue 7 Revenue, to the extent available, and of other cognizant governmental authorities, as more particularly 8 hereinafter 38 specified, and to the provisions of 15.515.6, a Voluntary Investment Plan (hereinafter call the 9 Plan) in 39 the form as now in effect as to the employees within the units to which this Agreement relates 10 shall 40 continue to be effective while this Agreement is in effect as to such employees in accordance with 11 and 41 subject to the terms, conditions and limitations of the Plan. 42 13 Section 15.2 Approval of Plan. Approval of the Plan by the Commissioner of Internal Revenue as 44 14 referred to in 15.1 means a continuing approval sufficient to establish that the Plan and related trust 45 or 15 trusts are at all times qualified and exempt from income tax under Section 401(a), Section 401(k) 46 and 16 other applicable provisions of the Internal Revenue Code of 1986, and that contributions made 47 by the 17 Company under the Plan are deductible for income tax purposes in accordance with law. The 48 cognizant 18 governmental authorities referred to in 15.1 include, without limitation, the Department 49 of Labor and the 19 Securities and Exchange Commission, and their approval means their confirmation 50 with respect to any 20 matter within their regulatory authority that the Plan does not conflict with 51 applicable law. 52.