Common use of Plan Updates Clause in Contracts

Plan Updates. 29 The parties agree the innovations in technology and administrative practices 30 can give savings plan participants better access to information about their 31 benefits, increased investment options, timely on-line transactions 32 capability and enhanced administrative features. Accordingly, when the 33 Company identifies administrative services that in its estimation reflect 34 industry best practices, the Employee Benefit Plans Committee has 35 discretion to adopt these changes to the Savings Plan. The Company will 36 notify the Union in advance of implementation of any changes adopted by 37 the Employee Benefit Plans Committee.

Plan Updates. 29 The parties agree the that innovations in technology and administrative practices 30 47 can give savings plan participants better access to information about their 31 benefits, increased investment 48 options, timely on-line transactions 32 transaction capability and enhanced administrative features. Accordingly, when 49 the 33 Company company identifies administrative services that in its estimation reflect 34 industry best practices, the 50 Employee Benefit Plans Committee has 35 discretion to adopt these changes to the Savings Plan. 51 The Company will 36 notify the Union in advance of implementation of any changes adopted by 37 the 52 Employee Benefit Plans Committee.. 53

Plan Updates. 29 30 The parties agree the innovations in technology and administrative practices 30 31 can give savings plan participants better access to information about their 31 32 benefits, increased investment options, timely on-line transactions 32 capability 33 and enhanced administrative features. Accordingly, when the 33 Company 34 identifies administrative services that in its estimation reflect 34 industry best 35 practices, the Employee Benefit Plans Committee has 35 discretion to adopt 36 these changes to the Savings Plan. The Company will 36 notify the Union in 37 advance of implementation of any changes adopted by 37 the Employee Benefit 38 Plans Committee.

Plan Updates. 29 33 The parties agree the innovations in technology and administrative practices 30 34 can give savings plan participants better access to information about their 31 35 benefits, increased investment options, timely on-line transactions 32 capability 36 and enhanced administrative features. Accordingly, when the 33 Company 37 identifies administrative services that in its estimation reflect 34 industry best 38 practices, the Employee Benefit Plans Committee has 35 discretion to adopt 39 these changes to the Savings Plan. The Company will 36 notify the Union in 1 advance of implementation of any changes adopted by 37 the Employee Benefit Plans Committee.Benefit