HomeMy WebLinkAbout2239 amendment thereof, nor the payment of any benefit to a p~rtici-
~ant or bei?eficiary, shall confer on any en~ployee, participant,
beneficiary or other person, any legal or equitable riqht, against
the employer, any officer, director or employee of ttie a;nployer,
or the trustee, other than the rights specifically provided for
in this agreement, and, ~ithout limiting the generality of tns
foregoing, neither the plan nor the trust shall c~nfer on any
employee or participant any right to a continuation of emp2oyment
or a right to a continuation of employment at an~ particular rate
Qf compensatior., nor interfere with or restrict the riqht of t:~e
employer to discharqe, discioline or deal k•ith any employee or
participant without regard to the plan or this aqreement.
2. SpQndthrift Provisioiis. The rights, benefits and
interests of partici-pants and beneficiaries hereunder, whetner or
not ~ested, ~shall not be assignable nor transferable, voluntarily
or involuntarily, an3 no such tight, benefit or interest saall a~:
subject to attachment, execution, c~arnishmant, sequestration or
other legal or equitable process.
3. Construction of Agreement. This agreement snall be
' construec in accor3ance with the laws of Florida.
4. No Reversion of Trust Fund to Employer. :Io interest
in ttie trust fund shall at any tise or for any reasci~ revert to
the employer (provided only that the Commissioner of Internal
Revenue shall have detern:ined initially that the plar~ and trust
are "qualified" under Section 401(a) of tne Internal Rev~nue Code).
5. Communication of Plan to Employees. The fact that
t~Zis plan :~as been adopted and a summary of its significent terms
and conditions shall be communicated promptly to all employees. In
additian, a copy of this agreement shali be kept avaiiabl! at the
~
~ princi~al office of the employer for examination by eniployees at
~
sny reaeoaable times.
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