Common use of Plan Termination Clause in Contracts

Plan Termination. In the event of the termination of the Plan, ---------------- pursuant to Section 14.6 of the Plan, prior to the Participant's death, Retirement or Disability under Sections 1, 2 or 3 hereof, the Participant shall become fully vested in his Retirement Benefits under Section 1 of this Agreement, and shall become entitled to payment in a single sum of the actuarial equivalent of his Retirement Benefits under Section 1 and his Excess Benefits under Section 4, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan. In the event of the termination of the Plan, pursuant to Section 14.6 of the Plan, after benefit payments have commenced hereunder, the Participant (or his beneficiaries) shall become entitled to payment in a single sum of the actuarial equivalent of the remaining payments due hereunder, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan.

Plan Termination. In the event of the termination of the Plan, ---------------- pursuant to Section 14.6 of the Plan, prior to the Participant's death, Retirement or Disability under Sections 1, 2 or 3 hereof, the Participant shall become fully vested in his Retirement Benefits under Section 1 of this Agreement, and shall become entitled to payment in a single sum of the actuarial equivalent of his normal Retirement Benefits under Section 1 and his Excess Benefits under Section 4, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan. In the event of the termination of the Plan, pursuant to Section 14.6 of the Plan, after benefit payments have commenced hereunder, the Participant (or his beneficiaries) shall become entitled to payment in a single sum of the actuarial equivalent of the remaining payments due hereunder, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan.

Plan Termination. In the event of the termination of the Plan, ---------------- pursuant to ---------------- Section 14.6 of the Plan, prior to the Participant's death, Retirement or Disability under Sections 1, 2 or 3 hereof, the Participant shall become fully vested in his Retirement Benefits under Section 1 of this Agreement, and shall become entitled to payment in a single sum of the actuarial equivalent of his Retirement Benefits under Section 1 and his Excess Benefits under Section 4, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan. In the event of the termination of the Plan, pursuant to Section 14.6 of the Plan, after benefit payments have commenced hereunder, the Participant (or his beneficiaries) shall become entitled to payment in a single sum of the actuarial equivalent of the remaining payments due hereunder, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan.

Plan Termination. In the event of the termination of the Plan, ---------------- pursuant to Section 14.6 of the Plan, prior to the Participant's death, Retirement or Disability under Sections 1, 2 or 3 hereof, the Participant shall become fully vested in his Retirement Benefits under Section 1 of this Agreement, and shall become entitled to payment in a single lump sum of the actuarial equivalent of his Retirement Benefits under Section 1 and his Excess Benefits under Section 4, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan. In the event of the termination of the Plan, pursuant to Section 14.6 of the Plan, after benefit payments have commenced hereunder, the Participant (or his beneficiaries) shall become entitled to payment in a single lump sum of the actuarial equivalent of the remaining payments due hereunder, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan.

Plan Termination. In the event of the termination of the Plan, ---------------- pursuant to Section 14.6 of the Plan, prior to the Participant's death, Retirement or Disability under Sections 1, 2 or 3 hereof, the Participant shall become fully vested in his Retirement Benefits under Section 1 of this Agreement, and shall become entitled to payment in a single sum of the actuarial equivalent of his Retirement Benefits under Section 1 and his Excess Benefits under Section 4, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan. In the event of the termination of the Plan, pursuant to Section 14.6 of the Plan, after benefit payments have commenced hereunder, the Participant (or his beneficiaries) shall become entitled to payment in a single sum of the actuarial equivalent of the remaining payments due hereunder, determined using the Discount Rate and payable as soon as administratively possible after the termination of the Plan.