Common use of Limitation of Duration of Benefits Clause in Contracts

Limitation of Duration of Benefits. If it appears that total expenditures under this Plan will exceed the SUB Maximum Financial Liability Cap during the term of this Agreement, the parties may take appro- priate action to reduce the rate of expenditure and extend Benefit duration. ARTICLE IV SEPARATION PAYMENT

Appears in 1 contract

Samples: Supplemental Unemployment Benefit Plan

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Limitation of Duration of Benefits. If it appears that total expenditures under this Plan will exceed the SUB Maximum Financial Liability Cap during the term of this Agreement, the parties may take appro- priate appropriate action to reduce the rate of expenditure and extend Benefit duration. ARTICLE IV SEPARATION PAYMENT.

Appears in 1 contract

Samples: Supplemental Unemployment Benefit Agreement and Plan

Limitation of Duration of Benefits. If it appears that total SUB expenditures under this Plan will exceed the SUB Maximum Financial Liability Cap during the term of this Agreement, the parties may take appro- priate appropriate action to reduce the rate of expenditure and extend Benefit benefit duration. ARTICLE IV SEPARATION PAYMENT.

Appears in 1 contract

Samples: Supplemental Agreement

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Limitation of Duration of Benefits. If it appears that total expenditures under this Plan will exceed the SUB Maximum Financial Liability Cap during the term of this Agreement, the parties may take appro- priate appropriate action to reduce the rate of expenditure and extend Benefit duration. ARTICLE IV SEPARATION PAYMENTarticle iV

Appears in 1 contract

Samples: Supplemental Unemployment Benefit Agreement and Plan

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