Common use of Partial Termination Clause in Contracts

Partial Termination. The Employer may terminate the Plan in part without causing a complete termination of the Plan. In the event a partial termination occurs, the Plan Administrator shall determine the portion of the Plan assets attributable to the Members affected by such partial termination and the provisions of Section 11.3 shall apply with respect to such portion as if it were a separate fund.

Appears in 10 contracts

Samples: Adoption Agreement (Ottawa Savings Bancorp, Inc.), Adoption Agreement (Allied First Bancorp Inc), Adoption Agreement (Pulaski Financial Corp)

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Partial Termination. The Employer may terminate the Plan in part without causing a complete termination of the Plan. In the event a partial termination occurs, the Plan Administrator shall determine the portion of the Plan assets attributable to the Members affected by such partial termination and the provisions of Section 11.3 12.3 shall apply with respect to such portion as if it were a separate fund.

Appears in 6 contracts

Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/), Adoption Agreement (Cape Bancorp, Inc.), Adoption Agreement (First Savings Financial Group Inc)

Partial Termination. The Employer may terminate the Plan in part without causing a complete termination of the Plan. In the event a partial termination occurs, the Plan Administrator shall determine the portion of the Plan assets attributable to the Members affected by such partial termination and the provisions of Section 11.3 11. 3 shall apply with respect to such portion as if it were a separate fund.

Appears in 1 contract

Samples: Exhibit 10 (Atlantic Coast Federal Corp)

Partial Termination. The Employer may terminate the Plan in part without causing a complete termination of the Plan. In the event a partial termination occurs, the Plan Administrator shall determine the portion of the Plan assets attributable to the Members affected by such partial termination and the provisions of Section 11.3 shall apply with respect to such portion as if it were a separate fund.. 60 SECTION 11.5

Appears in 1 contract

Samples: HMN Financial Inc

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Partial Termination. The Employer may terminate the Plan in part without causing a complete termination of the Plan. In the event a partial termination occurs, the Plan Administrator shall determine the portion of the Plan assets attributable to the Members affected by such partial termination and the provisions of Section 11.3 shall apply with respect to such portion as if it were a separate fund.of

Appears in 1 contract

Samples: First Community Financial Corp /Nc/

Partial Termination. The Employer may terminate the Plan in part without causing a complete termination of the Plan. In the event a partial termination occurs, the Plan Administrator shall determine the portion of the 61 Plan assets attributable to the Members affected by such partial termination and the provisions of Section 11.3 shall apply with respect to such portion as if it were a separate fund.

Appears in 1 contract

Samples: Adoption Agreement (BCSB Bankcorp Inc)

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