Limitation on Unpredictable Contingent Event Benefits. (a) Unpredictable Contingent Event Benefits, if any, under the Plan shall not be paid with respect to any Unpredictable Contingent Event occurring during a Plan Year if the Non-Contributory Pension Plan’s Adjusted Funding Target Attainment Percentage for the Plan Year is (i) less than 60% or (ii) would be less than 60% taking into account the occurrence of such Unpredictable Contingent Event during the Plan Year.
Appears in 4 contracts
Samples: Insurance Agreement, Pension and Insurance Agreement, Insurance Agreement
