Merger or Consolidation of Plan and Trust. Neither the Plan nor the Trust Fund may be merged or consolidated with, nor may its assets or liabilities be transferred to, any other plan or trust, unless each Participant would (if the Plan then terminated) receive a benefit immediately after the merger, consolidation, or transfer which is equal to or greater than the benefit the Participant would have been entitled to receive immediately before the merger, consolidation, or transfer (if the Plan had then terminated).
Appears in 5 contracts
Samples: Retirement and Savings Plan (Host Marriott L P), Retirement and Savings Plan (Host Hotels & Resorts L.P.), Retirement and Savings Plan (Host Hotels & Resorts, Inc.)
Merger or Consolidation of Plan and Trust. Neither the Plan nor the Trust Fund may be merged or consolidated with, nor may its assets or liabilities be transferred to, any other plan or trust, unless each Participant would (if the Plan then terminated) receive a benefit immediately after the merger, consolidation, or transfer which is equal to or greater than the benefit the Participant he would have been entitled to receive immediately before the merger, consolidation, or transfer (if the Plan had then terminated).
Appears in 2 contracts
Samples: Employee Investment Plan (Xcel Energy Inc), Employee Investment Plan (Southwestern Public Service Co)
Merger or Consolidation of Plan and Trust. Neither the Plan nor the or Trust Fund may be merged or consolidated with, nor may its their assets or liabilities be transferred to, any other plan or trust, unless each Participant would (if the Plan and Trust then terminated) receive a benefit immediately after the merger, consolidation, consolidation or transfer which is equal to or greater than the benefit the Participant he would have been entitled to receive immediately before the merger, consolidation, consolidation or transfer (if the Plan and Trust had then terminated).
Appears in 1 contract
Samples: Profit Sharing and Savings Plan and Trust Agreement (Liberty Financial Companies Inc /Ma/)
Merger or Consolidation of Plan and Trust. Neither the Plan nor the Trust Fund may be merged or consolidated with, nor may its assets or liabilities be transferred to, any other plan or trust, unless each Participant would (if the Plan then terminated) receive a benefit immediately after the merger, consolidation, or transfer which is equal to or greater than the benefit the Participant he would have been entitled to receive immediately before the merger, consolidation, or transfer (if the the. Plan had then terminated).
Appears in 1 contract
Samples: Retirement Plan (Ametek Inc/)
Merger or Consolidation of Plan and Trust. Neither the The Plan nor the Trust Fund may not be merged or consolidated with, nor may its assets or liabilities be transferred to, any other plan or trust, unless each Participant would (if the Plan then terminated) receive a benefit which, immediately after the merger, consolidation, or transfer which transfer, is equal to or greater than the benefit the Participant he would have been entitled to receive immediately before the merger, consolidation, consolidation or transfer (if the Plan had then terminated).
Appears in 1 contract
Samples: Discretionary Investment Advisory Agreement (Ogara Co /Oh/)
