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SMG » Topics » 7.01 Effect of Termination on Election to Participate.

This excerpt taken from the SMG 8-K filed Feb 2, 2005.
7.01 Effect of Termination on Election to Participate.

      A Participant who Terminates will be deemed to have withdrawn from the Plan, and all cash amounts credited to his or her Plan Account for the Offering Period during which the Termination occurs will be returned to the Participant or, if appropriate, to his or her Beneficiary and no shares of Stock will be purchased for that Participant for the Offering Period during which he or she Terminates.

     

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