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 (Central Federal Corp), Adoption Agreement (Allied First Bancorp 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 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 (Newport Bancorp 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 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: Employees' Savings & Profit Sharing Plan (BCSB Bankcorp 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 shall apply with respect to such portion as if it were a separate fund.. 60
Appears in 1 contract
Samples: Employees' Savings & Profit Sharing Plan (HMN Financial 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
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: Employees' Savings & Profit Sharing Plan (First Community Financial Corp /Nc/)
