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~ (b) If the assets are not sufficient to satisfy `
all the accrued benefits under the Flan, the
assets will be allocated in the following
priorities: ~ 4
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(1) Kefund any voluntacy emFloyce contributio~s.
( 2) ite f und any mandatory enployec contc ibutions..
. (3) Allocated equally among indivi~uals in ~
the following subcategories: _
(i) in the case.of benefits in pay status
thrce years prior to tprr~ination (at
the lowest~pay level in that peciod
and at the lowest benefit level
under the.Plan durinq~the Eive years
prior to Cermination) ~nd
(ii) in the case of benefits which would
; have been in pay status three years .
~ prior to termination had the Participant
been retired (and had his benefits
. commenced then, at the lowest benefit
; level under the Plan during the five
~ - ~year~ prioc to terminati~n). _
~ (4) All other benefits, if any, of individuals
under the Plan guaranteed unJer-the tecmin-
ation insurance provisions of the E1tISA _
of 1974.
~ (5) All other vested benefits.
(6) All other benefits under the Plan.
XV:4 This Plan and Trust are created with the intent and ~
~ purpose.that they shall meet the approval of the United ~
States Treasury Department and Departnent of_ Gabor.
~ The Employec, thereEore, reserves to itself, through
action of its Board of Directors, the right to amend
this Plan and Trust in such manner as may be necessACy ~
or advisable so that the Plan a~d Trust may be approved
~ by said Treasury Department and Depart~ent of Labor~
~ un~er the rules and regulations promulgated by such
agenciea.
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