Common use of KBR Under No Obligation to Maintain Plans Clause in Contracts

KBR Under No Obligation to Maintain Plans. Except as specified otherwise in this Agreement, nothing in this Agreement shall preclude KBR, at any time, from amending, merging, modifying, terminating, eliminating, reducing, or otherwise altering in any respect any KBR Plan, any benefit under any KBR Plan or any trust, insurance policy or funding vehicle related to any KBR Plan (to the extent permitted by law) in accordance with the applicable governing plan documents.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement, Employee Matters Agreement (Kbr, Inc.)

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