Termination of Participation. If the Administrator determines in good faith that the Executive no longer qualifies as a member of a select group of management or highly compensated employees, as determined in accordance with ERISA, the Administrator shall have the right, in its sole discretion, to cease further benefit accruals hereunder.
Termination of Participation. If the Plan Administrator determines in good faith that a Participant no longer qualifies as a member of a select group of management or highly compensated employees, as membership in such group is determined in accordance with Section 201(2), 301(a)(3) and 401(a)(1) of ERISA, the Plan Administrator shall cease further benefit accruals hereunder.
Termination of Participation. The student understands and agrees that, while participating in the Program, he/she/they will not engage in inappropriate conduct, including, but not limited to, the use of physical or verbal threats or violence, open abuse of the customs or mores of the community, or unauthorized absences from activities. • The Student and his/her/their parents/legal guardians: o Understand that, in its sole discretion, Deerfield or the Program Leader(s) may terminate the Student’s participation in the Program at any time, including before departure or during the Program. Reasons for termination may include, but are not limited to, inappropriate conduct or other behavior by the Student deemed detrimental to the best interest of the Program, an accusation of a violation of the Academy’s Rules and Expectations, emergencies, or health or safety conditions or considerations. Removal for disciplinary reasons may lead to disciplinary action upon return to Deerfield, with the full range of responses to infractions up to and including dismissal. Due to the nature of the Program there are no appeal rights to a termination decision. o Agree that, if the Student’s conduct should cause him/her/them to be removed from the Program, the Student and his/her/their parents/legal guardians will bear the costs of return transportation. Such termination shall not diminish or otherwise alter the Student’s and parents’/legal guardians’ obligation to make any payment required for the Program, and Deerfield shall not be required to make any refund. Deerfield’s disciplinary process need not be followed to terminate a student from the Program. The Program Leader(s) or Deerfield may make a unilateral decision at any time if there is a reasonable belief that inappropriate behavior has occurred. o Acknowledge and agree that, a student who tests positive for COVID-19 will be required to isolate per any applicable public health guidance and regulations and will be unable to continue their participation in the Program. If a student is unable to continue participation due to COVID-19, the Academy will use good faith efforts to seek a refund of costs and the student and their family will be entitled to a refund of the funds recouped by the Academy. Should the required isolation period exceed the planned itinerary for the Program, the Academy will partner with families to provide support for the student to complete their required isolation and return to campus or the final US destination of the group flight...
Termination of Participation. You can terminate your Account’s participation in the ICA or DCA program, as applicable, at any time without penalty, upon notice to LPL.
Termination of Participation. Membership under all features and provisions of the Plan shall terminate upon the earlier of (a) a Member's termination of Employment and payment to him of his entire vested interest, or (b) his death.
Termination of Participation. A Participant's rights under this Plan shall cease and his or her participation in this Plan shall terminate if any of the following events occur: (1) the Participant's employment with the Company is terminated prior the Participant meeting any of the criteria for a Vested Insurance Benefit under section 5.1; (2) the Participant's employment with the Company is Terminated for Cause; or (3) the Plan or any Participant's rights under the Plan are terminated in accordance with Section 12.1 of this Agreement. In the event that the Company decides to maintain the Policy after the Participant's termination of participation in the Plan, the Company shall be the direct beneficiary of the entire death proceeds of the Policy.
Termination of Participation. If at any time a Participating Plan no longer satisfies the conditions for constituting a Participating Plan hereunder, (a) the Participating Plan shall immediately notify the Trustee in writing, and (b) all investments of a Participating Plan shall be withdrawn and distributed to the Participating Plan as soon as practicable thereafter. If the date of such distribution is not otherwise a Valuation Date (as defined in Section 5.1 below), such date shall be a special Valuation Date hereunder.
Termination of Participation. The Executive's rights under this Agreement shall cease if the Executive's employment with the Bank terminates, except as provided in Section 2.2 (termination because of Disability), Section 2.3 (termination within 12 months after a Change in Control), or Section 2.4 (termination because of Early Retirement Age).
Termination of Participation. Each Participating Employer may cease to participate in the Plan or in any flexible benefits program with respect to its Employees or former employees by resolution of its governing body.
Termination of Participation. (a) Any Participant may withdraw from this Participation Agreement at any time upon written notice to the Investment Advisor, who shall promptly notify the Custodian and the other Participants upon receipt of such notice of withdrawal. Upon its withdrawal from this Participation Agreement, a Participant shall cease to have any rights or obligations under this Participation Agreement except for any indemnification obligations set forth in Article XI arising on or before the date of withdrawal. A notice of withdrawal shall be deemed to constitute a request under the Payment Procedures that an amount equal to the requesting Participant’s Balance as of the date of such notice be paid to such Participant. No withdrawal shall become effective until such Participant has a Zero Balance, and until such time, such Participant shall continue to possess all the rights, and to be subject to all the obligations, arising from this Participation Agreement.
(b) Any Participant that no longer qualifies as a Public Agency that breaches any material covenant contained in Article IX hereof or for which any of the representations contained in Article VIII hereof ceases to be true shall be deemed to have given a notice of withdrawal pursuant to Section 3.9(a) hereof immediately upon such disqualification, breach, or cessation but shall not be deemed to have requested the payment of its Balance unless, and until, it either makes an actual payment request or the Investment Advisor determines that such a disqualification, breach, or cessation has occurred.
