Common use of Preservation of Rights to Amend or Terminate Plans Clause in Contracts

Preservation of Rights to Amend or Terminate Plans. No provision of this Agreement, including, without limitation, the agreement of Parent or Sub that it will make a contribution or payment to or under any plan referred to herein for any period, shall be construed as a limitation on the right of Parent or Sub to amend or terminate such plan which Parent or Sub would otherwise have under the terms of such plan or otherwise.

Appears in 3 contracts

Samples: Reorganization Agreement (C Quential Inc), Reorganization Agreement (C Quential Inc), Reorganization Agreement (C Quential Inc)

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Preservation of Rights to Amend or Terminate Plans. No -------------------------------------------------- provision of this Agreement, including, without limitation, the agreement of Parent or Sub that it will make a contribution or payment to or under any plan referred to herein for any period, shall be construed as a limitation on the right of Parent or Sub to amend or terminate such plan which Parent or Sub would otherwise have under the terms of such plan or otherwise.

Appears in 1 contract

Samples: Reorganization Agreement (C Quential Inc)

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