Plan Amendment and Termination. Ascension Health retains the right to amend or terminate the Plan at any time; provided that, for seven and one-half years after the Effective In re: Wheaton Franciscan ERISA Litigation Settlement Agreement September 1, 2017 Date, no amendment or termination will result in a reduction of a Settlement Class member’s Accrued Benefit.
Plan Amendment and Termination. Notwithstanding any other provision of this agreement, including the cash contribution requirements of § 7.1.1, SSM retains the right to amend or terminate the Plans at any time, subject to § 8.1 If SSM amends or terminates any of the Plans at any time during a period of ten years commencing on October 19, 2018, such amendment or termination shall not result in a reduction of any participant’s or beneficiary’s Accrued Retirement Benefit, as defined by the Plans. In the event all of the Plans are terminated, the cash contributions required by § 7.1.1 shall cease.
Plan Amendment and Termination. The Participating Employer acknowledges that Church Extension Plan is under no obligation to continue to maintain the plan and that Church Extension Plan may amend or terminate it, in whole or in part, at any time.
Plan Amendment and Termination. The Board may at any time suspend, terminate, amend or modify the Plan, in whole or in part; provided, however, that no amendment or modification of the Plan shall become effective without the approval of such amendment or modification by the unitholders of EnLink Midstream (i) if such amendment or modification increases the maximum number of Units subject to the Plan (except as provided in Article IV) or changes the designation or class of persons eligible to receive Awards under the Plan, or (ii) if counsel for EnLink Midstream determines that such approval is otherwise required by or necessary to comply with applicable law. The Plan shall terminate upon the earlier of (i) the termination of the Plan by the Board, or (ii) the expiration of ten years from the Effective Date. Upon termination of the Plan, the terms and provisions of the Plan shall, notwithstanding such termination, continue to apply to Awards granted prior to such termination. No suspension, termination, amendment or modification of the Plan shall adversely affect in any material way any Award previously granted under the Plan, without the consent of the Participant (or the permitted transferee) holding such Award.
Plan Amendment and Termination. For a period of seven years after the Settlement Agreement becomes Final, St. Joseph’s retains the right to amend or terminate the Plan at any time, provided that no amendment or termination will result in a reduction in a participant or beneficiary’s accrued benefit as defined in the Plan document.
Plan Amendment and Termination. The Plan Administrator may amend, alter, suspend, discontinue, or terminate the Plan or any portion thereof at any time in its discretion; provided, that the Participant’s consent to such action shall be required if the action, taking into account any related action, would materially and adversely affect the Participant’s rights under the terms of this Award Agreement.
Plan Amendment and Termination. Although the Trustees expect to continue the Plan, they reserve the right, in their sole and broad discretion, to change or modify the Plan from time to time. The Trustees may also discontinue all or any part of the Plan at any time. In the event of Plan termination, claims incurred before the date of termination will be paid out of the Trust that holds the Plan assets. If the Plan is terminated, you will be notified in writing. If your claim is denied for any reason, you have a right to have your claim reviewed. YOUR ERISA RIGHTS As a participant in the Electrical Workers Local 369 Benefit Fund, you are entitled to certain rights and protections under the Employee Retirement Income Security Act of 1974 (ERISA). XXXXX provides that you are entitled to the following rights.
Plan Amendment and Termination. Presence, any successor plan sponsor, and/or any Released Party that has a right under the Plans’ documents to do so, retain the right to amend or terminate the Plans, or either of them, at any time; provided that, for seven and one-half years after the Effective Date of the Settlement, no amendment or termination will result in a reduction of a Settlement Class member’s Accrued Benefit.
Plan Amendment and Termination. The Board of Directors may modify, suspend or terminate the Plan at any time. Please xxxx your votes as indicated in [ X ] this example THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR ALL NOMINEES AND FOR PROPOSALS 2, 3 and 4. This Proxy, when properly executed, will be voted in the manner directed herein. If no direction is made, this proxy will be voted FOR election of directors and FOR proposals 2, 3 and 4.
Plan Amendment and Termination. The Board may at any time suspend, terminate, amend or modify the Plan, in whole or in part; provided, however, that no amendment or modification of the Plan shall become effective without the approval of such amendment or modification by the holders of at least a majority of the shares of Common Stock if (a) such amendment or modification increases the maximum number of shares subject to the Plan (except as provided in Article IV) or changes the designation or class of persons eligible to receive Awards under the Plan or (b) counsel for Cinco determines that such approval is otherwise required by or necessary to comply with applicable law or the listing requirements of an exchange or association on which the Common Stock is then listed or quoted. An amendment to the Plan generally will not require stockholder approval if it curtails rather than expands the scope of the Plan, nor if it is made to conform the Plan to statutory or regulatory requirements, such as, without limitation, Section 409A. Upon termination of the Plan, the terms and provisions of the Plan shall, notwithstanding such termination, continue to apply to Awards granted prior to such termination. Except as otherwise provided herein, no suspension, termination, amendment or modification of the Plan shall adversely affect in any material way any Award previously granted under the Plan, without the consent of the Participant (or the Permitted Transferee) holding such Award. Notwithstanding the foregoing, Cinco may amend any Award Agreement to be exempt from Section 409A or to comply with the requirements of Section 409A or to modify any provision that causes an Award that is intended to be classified as an “equity instrument” under FASB ASC Topic 718 (formerly FAS 123R) to be classified as a liability on Cinco’s financial statements.
