Common use of Permanency Clause in Contracts

Permanency. The Employer expects to continue this Plan and make the necessary contributions thereto indefinitely, but such continuance and payment is not assumed as a contractual obligation. Neither the Adoption Agreement nor the Plan nor any amendment or modification thereof nor the making of contributions hereunder shall be construed as giving any Participant or any person whomsoever any legal or equitable right against the Employer, the Trustee (or Custodian, if applicable) the Plan Administrator or the Prototype Sponsor except as specifically provided herein, or as provided by law.

Appears in 12 contracts

Samples: Participation Agreement (Miami Computer Supply Corp), Qualified Retirement Plan and Trust Defined (Alaska Pacific Bancshares Inc), Qualified Retirement Plan and Trust (Cornell Corrections Inc)

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Permanency. The Employer expects to continue this Plan and make the necessary contributions thereto there to indefinitely, but such continuance and payment is not assumed as a contractual obligation. Neither the Adoption Agreement nor the Plan nor any amendment or modification thereof nor the making of contributions hereunder shall be construed as giving any Participant or any person whomsoever any legal or equitable right against the Employer, the Trustee (or Custodian, if applicable) the Plan Administrator or the Prototype Sponsor except as specifically provided herein, or as provided by law.

Appears in 2 contracts

Samples: Nabi /De/, Nabi /De/

Permanency. The Employer expects to continue this Plan and make the necessary contributions thereto indefinitely, but such continuance and payment is not assumed as a contractual obligation. Neither the Adoption Agreement nor the Plan nor any amendment or modification thereof nor the making of contributions hereunder shall be construed as giving any Participant or any person whomsoever any legal or equitable right against the Employer, the Trustee (or Custodian, if applicable) ), the Plan Administrator or the Prototype Sponsor except as specifically provided herein, or as provided by law.

Appears in 2 contracts

Samples: Merchants & Manufacturers Bancorporation Inc, New England Funds Trust I

Permanency. The Employer expects to continue this Plan and make the necessary contributions thereto indefinitely, but such continuance and payment is not assumed as a contractual obligation. Neither the Adoption Agreement nor the Plan nor any amendment or modification thereof nor the making of contributions hereunder shall be construed as giving any Participant or any person whomsoever any legal or equitable right against the Employer, the Trustee (or Custodian, if applicable) the Plan Administrator or the Prototype Sponsor except as specifically provided herein, or as provided by law.,

Appears in 1 contract

Samples: Antigenics Inc /De/

Permanency. The Employer expects to continue this Plan and make the necessary contributions thereto indefinitely, but such continuance and payment is not assumed as a contractual obligation. Neither the Adoption Agreement nor the Plan nor any amendment or modification thereof nor the making of contributions hereunder shall be construed as giving any Participant or any other person whomsoever any legal or equitable right against the Employer, the Trustee (or Custodian, if applicable) ), the Plan Administrator Administrator, or the Prototype Sponsor except as specifically provided herein, or as provided by law.

Appears in 1 contract

Samples: Adoption Agreement (Kimball Electronics, Inc.)

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Permanency. The Employer expects to continue this Plan and make the necessary contributions thereto indefinitely, but such continuance and payment is not assumed as a contractual obligation. Neither the Adoption Agreement nor the Plan nor any amendment or modification thereof nor the making of contributions hereunder shall be construed as giving any Participant or any person whomsoever any legal or equitable right against the Employer, the Trustee (or Custodian, if applicable) the Plan Administrator or the Prototype Sponsor except as specifically provided herein, or as provided by law.

Appears in 1 contract

Samples: Janus Investment Fund

Permanency. The Employer expects to continue this Plan and make MAKE the necessary contributions thereto indefinitely, but such continuance and payment is not assumed as a contractual obligation. Neither the Adoption Agreement nor the Plan nor any amendment or modification thereof nor the making of contributions hereunder her6under shall be construed as giving any Participant or any person whomsoever any my legal or equitable right against the Employer, the Trustee (or Custodian, if applicable) the Plan Administrator Adrnlnistrator or the Prototype Irrototype Sponsor except as specifically provided herein, or as provided by law.

Appears in 1 contract

Samples: Weststar Financial Services Corp

Permanency. The Employer expects to continue this Plan and make the necessary contributions thereto indefinitely, but such continuance and payment is not assumed as a contractual obligation. Neither the Adoption Agreement nor the Plan nor any amendment or modification thereof nor the making of contributions hereunder shall be construed as giving any Participant or any person whomsoever any legal or equitable right against the Employer, the Trustee (( or Custodian, if applicable) the Plan Administrator or the Prototype Sponsor except as specifically provided herein, or as provided by law.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Connecticut Water Service Inc / Ct)

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