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<br />© 2019 Hitesman & Wold, P.A. MEDSURETY, LLC <br />Cafeteria Plan 1-888-816-4234, www.medsurety.com <br />Basic Plan Document <br />27 <br />ARTICLE VII. <br />PLAN AMENDMENT AND TERMINATION <br />7.1 Employer Amendments. The Employer reserves the right to amend this Plan, or any portion <br />of the Plan, at any time. The 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 amendment. Such <br />amendment shall be made in writing and in accordance with Section 8.4. <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 such termination. Such action shall be taken in <br />writing and in accordance with Section 8.4. <br />7.3 Amendments by Claims Administrator. Claims Administrator reserves the right to ame nd <br />the Plan from time to time. Although it is intended that this power of amendment will be used <br />primarily to ensure compliance with the provisions of ERISA (if applicable), the Code, and/or <br />other applicable law, this power of amendment may be used for any purpose deemed <br />appropriate by Claims Administrator. Unless required by law, such amendments sh all not affect <br />any right to benefits that accrued prior to such amendments. Such amendment shall be <br />accomplished by providing written notice to the Employer.