Common use of Procedure for Termination or Amendment Clause in Contracts

Procedure for Termination or Amendment. Any termination or amendment of the Plan pursuant to Section 13.1 shall be expressed in an instrument executed by an officer of the Company and shall become effective as of the date designated in such instrument or, if no date is so designated, on the date of its execution.

Appears in 2 contracts

Sources: Employee Savings Plan (Lincoln Electric Holdings Inc), Employee Savings Plan (Lincoln Electric Holdings Inc)

Procedure for Termination or Amendment. Any termination or amendment of the Plan pursuant to Section 13.1 12.1 shall be expressed in an instrument executed by an officer of the Company and shall become effective as of the date designated in such instrument or, if no date is so designated, on the date of its execution.

Appears in 1 contract

Sources: Pension & Insurance Agreement