Common use of Termination of Top-Heavy Status Clause in Contracts

Termination of Top-Heavy Status. If the Plan ceases to be Top-Heavy for any Plan Year and if the Employer has not specified otherwise in the Adoption Agreement, the minimum vesting schedule described in Section 21.06 shall continue to apply. If the Employer has specified in the Adoption Agreement that, upon conversion of the Plan to non-Top-Heavy status, Participants' vested benefits are to be determined according to a schedule other than the minimum vesting schedule described in Section 21.06, such change in vesting schedules shall be treated as an amendment, and the election referred to in Section 18.01 hereof shall apply.

Termination of Top-Heavy Status. If the Plan ceases to be Top-Heavy for any Plan Year and if the Employer has not specified otherwise in the Adoption Agreement, the minimum vesting schedule described in Section 21.06 23.06 shall continue to apply. If the Employer has specified in the Adoption Agreement that, upon conversion of the Plan to non-Top-Heavy status, Participants' vested benefits are to be determined according to a schedule other than the minimum vesting schedule described in Section 21.0623.06 hereof, such change in vesting schedules shall be treated as an amendment, and the election referred to in Section 18.01 20.01 hereof shall apply.

Termination of Top-Heavy Status. If the Plan ceases to be Top-Heavy ------------------------------- for any Plan Year and if the Employer has not specified otherwise in the Adoption Agreement, the minimum vesting schedule described in Section 21.06 23.06 shall continue to apply. If the Employer has specified in the Adoption Agreement that, upon conversion of the Plan to non-Top-Heavy status, Participants' vested benefits are to be determined according to a schedule other than the minimum vesting schedule described in Section 21.0623.06 hereof, such change in vesting schedules shall be treated as an amendment, and the election referred to in Section 18.01 20.01 hereof shall apply.