Common use of Termination Plan Clause in Contracts

Termination Plan. The provisions of subsections 8a-g, inclusive, shall be eliminated and be of no further legal effect immediately following the adoption by the Company's Board of Directors of a resolution, voluntarily joined in by the Executive, either in his capacity as a member thereof or, if he is then not such a member, individually, approving a termination of employment plan applicable to the Executive and all other elected officers of the Company.

Termination Plan. The provisions of subsections 8a7a-g, inclusive, shall be eliminated and be of no further legal effect immediately following the adoption by the Company's Board of Directors of a resolution, voluntarily joined in by the Executive, either in his capacity as a member thereof or, if he is then not such a member, individually, approving a termination of employment plan applicable to the Executive and all other elected officers of the Company.