Common use of Effect of Complete Termination Clause in Contracts

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.38.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete terminationtermination under subsection (a) or (b) below, the Employer shall pay the Accrued Benefit balance to Executive the ExecutiveDeferral Account balance. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.38.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit Deferral Account balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject to the requirements of Code Section 409A and Treasury Regulations Regulation §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ixl.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.35(c), and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued full Normal Retirement Benefit balance to the ExecutiveExecutive in a single lump sum within five (5) business days of such termination. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.38.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit balance to Executive the ExecutiveDeferral Account balance. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit Deferral Account balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.38.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete terminationtermination under Subsections (a) and (c) below, the Employer shall pay the Accrued Benefit Deferral Account balance to the Executive. Such In the event of such a complete termination under Subsection (b), the Employer shall pay the Projected Account Balance to the Executive. In any event, such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.38.2, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit Deferral Account balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject to the requirements of Code Section 409A and Treasury Regulations §Regulation Section 1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Executive the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditionsBenefit.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.38.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit Contribution Account balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.38.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit balance to Executive the ExecutiveDeferral Account balance. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Present Value of the Retirement Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.38.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer Company may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer Company shall pay the Accrued Benefit balance Accrual Balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject Subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In in the event of such a complete terminationtermination of the Agreement, the Employer shall pay the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.35.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete termination, the Employer shall pay the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. , In the event of such a complete termination, the Employer shall pay the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3, and subject Subject to the requirements of Code Section 409A and Treasury Regulations §1.409A-3(j)(4)(ix1.409A-3j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In in the event of such a complete terminationtermination of the Agreement, the Employer shall pay the Accrued Benefit balance to the Executive. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.

Effect of Complete Termination. Notwithstanding anything to the contrary in Section 6.3herein, and subject to the requirements of Code Section 409A and Treasury Regulations §Regulation Section 1.409A-3(j)(4)(ix), at certain times the Employer may completely terminate and liquidate the Agreement. In the event of such a complete terminationtermination under subsection (a) or (c) below, or a termination under subsection (b) after benefit payments have commenced hereunder, the Employer shall pay the Accrued Benefit balance to Executive the ExecutiveContribution Account balance. Such complete termination of the Agreement shall occur only under the following circumstances and conditions.