RES 85525 - Laserfiche WebLink

any such plan or system. Nothing contained in this Plan shall be period, the Employer notifies the Administrator in writing that it deemed to constitute an employment contract or agreement disapproves such amendment, in which case such amendment between any Participant and the Employer or to give any shall not become effective. In the event of such disapproval, the Participant the right to be retained in the employ of the Employer. Administrator shall be under no obligation to continue acting as Nor shall anything herein be construed to modify the terms of any Administrator hereunder. employment contract or agreement between a Participant and the No amendment or termination of the Plan shall divest any Employer. Participant of any rights with respect to compensation deferred before the date of the amendment or termination. X. AMENDMENT OR TERMINATION OF PLAN XI. APPLICABLE LAW The Employer may at any time amend this Plan provided that it This Plan shall be construed under the laws of the state where transmits such amendment in writing to the Administrator at least the Employer is located and is established with the intent that it 30 days prior to the effective date of the amendment. The consent meet the requirements of an "eligible State deferred compensation of the Administrator shall not be required in order for such plan" under section 457 of the Internal Revenue Code of 1954, as amendment to become effective, but the Administrator shall be amended. The provisions of this Plan shall be interpreted wherever under no obligation to continue acting as Administrator hereunder possible in conformity with the requirements of that section. if it disapproves of such amendment. The Employer may at any time terminate this Plan. XII. GENDER AND NUMBER The Administrator may at any time propose an amendment to the Plan by an instrument in writing transmitted to the Employer at The masculine pronoun, whenever used herein, shall include the least 30 days before the effective date of the amendment. Such feminine pronoun, and the singular shall include the plural, except amendment shall become effective unless, within such 30-day where the context requires otherwise.