Common use of Retroactive Amendments Clause in Contracts

Retroactive Amendments. Nothing herein shall be deemed or construed to prevent the adoption of any modification, alteration, or amendment hereof, even if the same shall: (a) be made effective retroactively, or (b) alter, reduce, or eliminate rights of any Participant or Covered Person so long as such modification, alteration, or amendment shall have been made to make this Plan conform with or satisfy any conditions of any law or regulation relating to the establishment or maintenance of this Plan as a health care plan under the Code or other applicable Federal or state laws.