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HomeMy WebLinkAbout0328 r . , ' ~ i ' ~ '1'he ~'ension Conmittee shall deternine thc exi~- tence or not of permanent incapacity ar~d its find- ~ ings, if supported by the written opinion of a - qualified physician,~shall be conclusive ior all purposes of this Agreement; except that, in its disccetion, it may at any subsequent time or times . review.any forner action it has taken With ~egard to the permanent incapacity-of any Participant. The date on which the first payment of such an- nuity shall be come due and the form of such an- nuity shall be detecmined by the Pension Committee acting in the best interest of sucb incapacitated Participant. XI:6 The facts concerning the tecmination of a P3rti- cipant's employment shall be transnitte.~ to the Committee~of thp Flan and to the Trustee of the Trust by written statement from the 6mployer, and ~ the Committee and the Trustee may accept such i stater~ent as true and neither the Conmittee nor . ~ the Trustee shall incur any liability by reason of ~ ~ any action taken or omitted on the strength of such statement. ~ ~ XI:7 In the event the value of the vested retirenent annuity accrued to date of a terminated Parti- ~ c ipant is ~ 1, 75U or -less the Commi ttee may d irect ~ the Trustee to mak~ such payment in full. p ~ XI:B In no event shall a Participant be divested of any ~ accrued and vested benefit due to his discharge ~ foc cause, nor because of a Plan amendment resulting in a lesser benefit or a les~,c vesting schedule. ~ ~ ARTICLC XII ~ - KE-tMPGOYHENT r ~ ~ ~ XII:1 A focmer Participant, whose employment has been ~ terminated and who shall be re-employed by the ~ g Employer, shall be considered as a new enployee ~ and shall.again become eligible for ~:articipation ~ when he shall have met the eligibility require- ments of the Plan in connection with the period of ~ his re-employment. The benefits for such former ~ Participant shall, however, be adjusted to reflect. ~ ~ any Termination of Employment benefits which such Particfpant received or became entitled to by ~ reason of any previous participation in the Plan and Trust. ~ r ~ ~~1JS1~ ~ ~ -34- ~ _ ~ ~ . _ ~ ..._~Y , : _ j - _ - _