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 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 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. 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. For a period of seven years after the Settlement Agreement becomes Final, St. Xxxxxx’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. 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. The Company has the exclusive right and responsibility to amend or terminate any Plan at any time, for any reason.
Plan Amendment and Termination. No provision of any Employee Plan or condition exists that would prevent the Company or the Stockholder from terminating or amending any Employee Plan at any time for any reason.
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.
