Plan Termination due to a Change-in-Control. The Employer may decide, in its discretion, to terminate the Plan in the event of a Change-in-Control and distribute all vested Participants Account balances no earlier than thirty (30) days prior to the Change-in-Control and no later than twelve (12) months after the effective date of the Change-in-Control, provided however that the Employer terminates all other similar arrangements for any affected Participant.
Appears in 4 contracts
Samples: Supplemental Retirement Plan Agreement (Uwharrie Capital Corp), Supplemental Retirement Plan Agreement (Uwharrie Capital Corp), Supplemental Retirement Plan Agreement (Uwharrie Capital Corp)
