Termination of Plan Participation. Bargaining Unit Participation in the Plan maybe 26 terminated with the approval of the Association and the District.
Termination of Plan Participation. A Participant may cease to participate in the Plan during the Participant’s continued employment at any time by giving written notice thereof to the Plan Administrator. Such notice shall be effective to terminate participation upon its receipt by the Plan Administrator and such Employee shall thereupon become a Former Participant.
Termination of Plan Participation. Unless otherwise notified by Parent in writing, prior to the Effective Time, the Company shall take or cause to be taken any and all actions necessary or appropriate to terminate each Company Benefit Plan that is designated in Section 4.10(a) of the Company Disclosure Letter as an “Equity Plan” or “Health and Welfare Plan,” effective no later than immediately prior to the Effective Time.
Termination of Plan Participation. In the event that the Board of --------------------------------- Directors determines that a Participant's employment performance is no longer at a level which merits continued participation in the Plan, the Board may terminate such Participant's participation in the Plan (without necessarily terminating such Participant's employment) as of the date specified by the Board (the "Participation Severance Date"). Accordingly, notwithstanding any other provision of this Plan, the Supplemental Benefit payable to any Participant whose Plan participation is terminated pursuant to this Section 4.08 shall be calculated by taking into account, in determining the amount of such Participant's Target Monthly Benefit and whether such Participant has met the vesting requirement of Section 4.01 hereof, only the Service Years and Compensation earned by such Participant as of his Participation Severance Date. Such Supplemental Benefit shall be paid to the Participant pursuant to the provisions of Section 4.03 herein.
Termination of Plan Participation. 3 ARTICLE IV.
Termination of Plan Participation. The Seller and the Purchaser shall cause the active participation of the employees of the Company or any of the Subsidiaries in each Plan that is sponsored by an ERISA Affiliate (the "Parent Plans") to cease effective as of the Closing Date, and the Purchaser shall, and shall cause each of the Company and the Subsidiaries to, withdraw as a sponsor and/or participating employer in each such Parent Plan and otherwise take all actions necessary or appropriate to effectuate such cessation of participation.
