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ARTICLE VII. <br />PLAN AMENDMENT AND TERMINATION <br />7.1 Employer Amendments. The Employer reserves the right to Plan, <br />Employer expressly may make any amendment it determines <br />necessary or desirable, with or without retroactive effect, to comply with the law. Such <br />amendment shall not affect any right to benefits that accrued prior to such Such <br />amendment shall be made in writing <br />7.2 Employer's Right to Terminate. Although the Employer expects the Plan to be maintained for <br />an indefinite time, the Employer reserves the right to terminate the Plan or any portion of the <br />Plan at any time. In the event of the dissolution, merger, consolidation, or reorganization of the <br />Employer, the Plan shall terminate unless the Plan is continued by a successor to the Employer in <br />accordance with the resolution of such successor's managing body. Such termination shall not <br />affect any right to benefits that accrued prior to termination. Such action shall be taken in <br />writing. <br />Deleted: make, from time to time, any <br />amendment or amendments to this <br />Deleted: and the <br />Deleted:s <br />Deleted: amendments. <br />Deleted:. <br />Deleted: such <br />Deleted:. <br />© 2009 Hitesman & Associates, P.A. 18 Elk River Muroapal Uttlrties <br />Flexible Benefitr Phan (No. 8.0.0.0) <br />