Common use of Employee Benefit Pension Plans Clause in Contracts

Employee Benefit Pension Plans. Promptly during each year, pay contributions that in the judgment of the chief executive and chief financial officers of the Cooperative after reasonable inquiry are believed adequate to meet at least the minimum funding standards set forth in Sections 302 through 305 of ERISA, with respect to each employee benefit plan of the Cooperative, if any, covered by that Act; file each annual report required to be filed pursuant to Section 103 of ERISA in connection with each such plan for each year; and notify Statesman within ten (10) days of the occurrence of a Reportable Event (as defined in Section 4043 of ERISA) that might constitute grounds for termination of any such plan by PBGC or for the appointment by the appropriate United States District Court of a trustee to administer any such plan, provided that nothing contained herein shall prohibit the Cooperative from terminating any such plan if it has theretofore complied with the provisions of this Section.

Employee Benefit Pension Plans. Promptly during each year, ------------------------------ pay contributions that in the judgment of the chief executive and chief financial officers of the Cooperative after reasonable inquiry are believed adequate to meet at least the minimum funding standards set forth in Sections 302 through 305 of ERISA, with respect to each employee benefit plan of the Cooperative, if any, covered by that Act; file each annual report required to be filed pursuant to Section 103 of ERISA in connection with each such plan for each year; and notify Statesman within ten (10) days of the occurrence of a Reportable Event (as defined in Section 4043 of ERISA) that might constitute grounds for termination of any such plan by PBGC or for the appointment by the appropriate United States District Court of a trustee to administer any such plan, provided that nothing contained herein shall prohibit the Cooperative from terminating any such plan if it has theretofore complied with the provisions of this Section.

Employee Benefit Pension Plans. Promptly during each ---------------------------- year, pay contributions that in the judgment of the chief executive and chief financial officers of the Cooperative after reasonable inquiry are believed adequate to meet at least the minimum funding standards set forth in Sections 302 through 305 of ERISA, with respect to each employee benefit plan of the Cooperative, if any, covered by that Act; file each annual report required to be filed pursuant to Section 103 of ERISA in connection with each such plan for each year; and notify Statesman MLCC within ten (10) days of the occurrence of a Reportable Event (as defined in Section 4043 of ERISA) that might constitute grounds for termination of any such plan by PBGC or for the appointment by the appropriate United States District Court of a trustee to administer any such plan, provided that nothing contained herein shall prohibit the Cooperative from terminating any such plan if it has theretofore complied with the provisions of this Section.

Employee Benefit Pension Plans. Promptly during each year, pay contributions that in the judgment of the chief executive and chief financial officers of the Cooperative after reasonable inquiry are believed adequate to meet at least the minimum funding standards set forth in Sections 302 through 305 of ERISA, with respect to each employee benefit plan of the Cooperative, if any, covered by that Act; file each annual report required to be filed pursuant to Section 103 of ERISA in connection with each such plan for each year; and notify Statesman MLCC within ten (10) days of the occurrence of a Reportable Event (as defined in Section 4043 of ERISA) that might constitute grounds for termination of any such plan by PBGC or for the appointment by the appropriate United States District Court of a trustee to administer any such plan, provided that nothing contained herein shall prohibit the Cooperative from terminating any such plan if it has theretofore complied with the provisions of this Section.