Common use of Participant’s Actions Clause in Contracts

Participant’s Actions. The Participant shall not act, or refuse to act, in any manner that could diminish the Alternate Payee’s right to the Plan benefits assigned in this Agreement and in the related QDRO. If the Participant does take such action or inaction, the Participant shall make payments directly to the Alternate Payee to the extent necessary to restore the Alternate Payee to the position he/she would otherwise have been in without the Participant’s action/inaction.

Appears in 5 contracts

Samples: Model Separation Agreement, Model Separation Agreement, Sample Separation Agreement

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Participant’s Actions. The Participant shall not act, or refuse to act, in any manner that could diminish the Alternate Payee’s right to the Plan benefits assigned in this Agreement and in the related QDRO. If the Participant does take such action or action/inaction, the Participant shall make payments directly to the Alternate Payee to the extent necessary to restore the Alternate Payee to the position he/she would otherwise have been in without the Participant’s action/inaction.

Appears in 4 contracts

Samples: Model Separation Agreement, Model Separation Agreement, Model Separation Agreement

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Participant’s Actions. The Participant shall not act, or refuse to act, in any manner that could diminish the Alternate Payee’s right to the Plan Fund benefits assigned in this Agreement and in the related QDRO. If the Participant does take such action or inaction, the Participant shall make payments directly to the Alternate Payee to the extent necessary to restore the Alternate Payee to the position he/she would otherwise have been in without the Participant’s action/inaction.

Appears in 1 contract

Samples: Separation Agreement

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