TERMINATION OF A PLAN. If the Organization terminates a Plan before or after the Inception Date of this Policy stated in ITEM 2(a) of the Declarations, coverage under this Coverage Section with respect to such terminated Plan and its Insureds shall continue until termination of this Coverage Section for those who were Insureds prior to or at the time of such Plan termination or who would have been Insureds at the time of such termination if this Coverage Section had then been in effect. Such continuation of coverage shall apply with respect to Claims for Wrongful Acts committed or allegedly committed prior to or after the date the Plan was terminated.
TERMINATION OF A PLAN. If before or during the Policy Period a Plan is terminated, sold or run-off, coverage with respect to such Plan and its Insured Persons shall continue until termination of this Policy. Such coverage continuation shall apply only with respect to Claims for Wrongful Acts taking place prior to the date such Plan was sold or run-off, or, in the case of a terminated Plan, for Wrongful Acts taking place prior to the date of the last asset distribution of such Plan.
TERMINATION OF A PLAN. Should the Corporation notify the Master Trustee of the termination of a Plan by a Participating Employer, the Master Trustee shall distribute all cash, securities and other property then held in the Fund with respect to such Plan, less any amounts constituting charges and expenses payable from the Fund, on the date or dates specified by the Plan Administrator to such persons and in such manner as the Plan Administrator shall direct. In making such distributions, the Master Trustee shall be entitled to assume that such distributions are in full compliance with and are not in violation of any applicable law regulating the termination of any kind whatsoever arising from any distribution made by the Master Trustee at the direction of the Plan Administrator as a result of the termination of this Agreement.
