Neiman Marcus 2007 Annual Report Download - page 166
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Article 6. - AMENDMENT AND TERMINA TTON
6.1. Amendments. The Company shall have the right to amend this Plan from time to time by resolution of the Board of
Directors or its Executive Committee and to amend or cancel any amendments. Any such amendment shall be stated in an instrument
in writing, executed by the Company in the same manner as this Plan.
6.2. Termination of Plan. This Plan is strictly a voluntary undertaking on the part of the Company and shall not be deemed to
constitute a contract between the Company and any Eligible Employee (or any other employee) or a consideration for, or an
inducement or condition of employment for, the performance of services by any Eligible Employee (or other employee). The
Company reserves the right to terminate this Plan at any time and, in the event of such termination, to pay no benefits to any
Participant who has neither completed 5 years of Service nor attained age 65. No such termination shall result in the reduction of
(a) benefits that have commenced before the date of termination, (b) benefits accrued as of that date by any Participant who has
completed at least 5 years of Service or attained age 65 by that date, or (c) benefits accrued under the CHH Plan as of the day before
the Effective Date by any Participant who was a participant in the CHH Plan on that day.
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