Suspension of Contributions. Should an Employer fail for any reason to make Company Contributions and/or Company Matching Contributions in any one (1) or more years, such failure shall not, of itself, terminate or discontinue this Plan and Trust as to the Employer and its Participants, nor shall the Employer incur any obligation to make up such Company Contributions and/or Company Matching Contributions in whole or in part.
Appears in 2 contracts
Samples: Employee Investment Plan (Xcel Energy Inc), Employee Investment Plan (Southwestern Public Service Co)
Suspension of Contributions. Should an Employer fail for any reason to make Company Contributions and/or Company Matching Contributions in any one (1) or more years, such failure shall not, of itself, terminate or discontinue this Plan and Trust as to the Employer and its Participants, nor shall the Employer incur any obligation to make up such Company Contributions and/or Company resume its Matching Contributions in whole or in part.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan (Clubcorp Inc), Employee Stock Ownership Plan (Club Corp International)
