Common use of Partial Contract Termination Clause in Contracts

Partial Contract Termination. If, through a divestiture or other corporate restructuring, employees of an employer cease to be eligible to participate in the Plan, you may partially terminate this Contract and request that we issue a new contract to a successor plan. Any such contract is subject to any terms and conditions mutually agreed to. Section 8.3 applies to amounts payable in connection with a partial termination. --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Prudential Discovery Select Group Variable Contract Acct

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Partial Contract Termination. If, through a divestiture or other corporate restructuring, employees of an employer cease to be eligible to participate in the Plan, you You may partially terminate this Contract and request that we We issue a new contract to a successor plan. Any such contract is subject to any terms and conditions mutually agreed to. Section 8.3 applies to amounts payable in connection with a subject to partial termination. --------------------------------------------------------------------------------DC-403-2015CT 13

Appears in 1 contract

Samples: Prudential Discovery Premier Group Variable Contract Account

Partial Contract Termination. If, through a divestiture or other corporate restructuring, employees of an employer cease to be eligible to participate in the Plan, you may partially terminate this Contract and request that we issue a new contract to a successor plan. Any such contract is subject to any terms and conditions mutually agreed to. Section 8.3 applies to amounts payable in connection with a subject to partial termination. --------------------------------------------------------------------------------================================================================================

Appears in 1 contract

Samples: Prudential Discovery Select Group Variable Contract Acct

Partial Contract Termination. If, through a divestiture or other corporate restructuring, employees of an employer cease to be eligible to participate in the Plan, you You may partially terminate this Contract and request that we We issue a new contract to a successor plan. Any such contract is subject to any terms and conditions mutually agreed to. Section 8.3 applies to amounts payable in connection with a subject to partial termination. --------------------------------------------------------------------------------DC-401457-2015CT 13

Appears in 1 contract

Samples: Prudential Discovery Premier Group Variable Contract Account

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Partial Contract Termination. If, through a divestiture or other corporate restructuring, employees of an employer cease to be eligible to participate in the Plan, you may partially terminate this Contract and request that we issue a new contract to a successor plan. Any such contract is subject to any terms and conditions mutually agreed to. Section 8.3 applies to amounts payable in connection with a partial termination. ---------------------------------------------------------------------------------------------------------------------------------------------------------------- SECTION 9 - CHANGES ================================================================================

Appears in 1 contract

Samples: Prudential Discovery Select Group Variable Contract Acct

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