Termination of Contributions. The Employer has adopted the Plan with the intention and expectation that contributions will be continued indefinitely. However, the Employer has no obligation or liability whatsoever to maintain the Plan for any length of time and may discontinue contributions under the Plan at any time without any liability hereunder for any such discontinuance.
Appears in 7 contracts
Samples: www.wpsd.us, Plan Adoption Agreement, Adoption Agreement
Termination of Contributions. The Employer has adopted the Plan with the intention and expectation that contributions will be continued indefinitely. However, the Employer has no obligation or liability whatsoever to maintain the Plan for any length of time and may discontinue contributions under the Plan at any time without any liability hereunder for any such discontinuance, subject to applicable state law.
Appears in 2 contracts
Samples: University of North, University of North
Termination of Contributions. The Employer has adopted the Plan with the intention and expectation that contributions Employee Elective Deferrals will be continued indefinitely. However, the Employer has no obligation or liability whatsoever to maintain the Plan for any length of time and may discontinue contributions under the Plan at any time without any liability hereunder for any such discontinuance.
Appears in 1 contract
Samples: www.mpsaz.org
