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in a nondiscriminatory manner.
1.03 The ~oployer and the Trustees shall promptly submit
this Trust aad all necessary supporting documents to the Internal
R,evenue Service with a request for a determination letter that the
plan as embodied in this agreement meets with the qualification
requirements of Section 401 (a~_ of the Internal Revenue Code.
Pending the issuance of the det~rmination letter, a
participant upon terminating his employment shall be entitled to
no vesting uader thia Trust.
To implement this Section of the Trust, the following pro-
cedures may be followed if the Internal 8ev~enue Service shall
determine that the Trust as it may have been ameaded does not
qualify.
(a) The B'mployer at its option may teYminate the Trust,
in which event, no participant or beneficiary shall
have any right or claim to any asset or benefit of
the Trust. ~ ~
(b) Incident to such termination of the Trust, the
Employer shall direct the Trustees to naake such
arrangements as may be feasible to recover such
amounts as maq be available upon a complete liquida• #
tion of all investments. The amounts so recovered,
plus any other amounts held by them, shall be paid ~
t es to th lo er ~
over by the Trus e e Fsmp y.
(c) The Trustees shall be entitled to deduct fram amounts
to be paid aver to the Emploqer any amounts which may
be due them from the Flnployer for expenses, or other- ~
~
~ wise. ~
1.04 Bxcept as provided. in Section 1.03, in no circ~stances
shall any part of the corpus or income be used for, or diverted to,
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