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BBBY » Topics » 10.10 Amendment, Modification, Suspension or Termination.

This excerpt taken from the BBBY 8-K filed Jan 5, 2006.

10.10       Amendment, Modification, Suspension or Termination.

 

The Employer may, at any time, in its sole discretion, amend, modify, suspend or terminate the Plan in whole or in part, except that no such amendment, modification, suspension or termination shall have any retroactive effect to reduce any amounts allocated to a Participant’s Accounts.  In the event that this Plan is terminated, the distribution of the amounts credited to a Participant’s Accounts shall not be accelerated but shall be paid at such time and in such manner as determined under the terms of the Plan immediately prior to termination as if the Plan had not been terminated.

 

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