Service of legal process may also be made upon the Plan Administrator, or a Trustee of the Plan, if any. Funding and Contributions: The Plan is funded by insurance issued by Unum Life Insurance Company of America, 2211 Congress Street, Portland, Maine 04122 (hereinafter referred to as "Unum") under policy number 972764 011. Contributions to the Plan are made as stated under "WHO PAYS FOR THE COVERAGE" in the Certificate of Coverage. EMPLOYER'S RIGHT TO AMEND THE PLAN The Employer reserves the right, in its sole and absolute discretion, to amend, modify, or terminate, in whole or in part, any or all of the provisions of the Plan (including any related documents and underlying policies), at any time and for any reason or no reason. Any amendment, modification, or termination must be in writing and endorsed on or attached to the Plan. EMPLOYER'S RIGHT TO REQUEST POLICY CHANGE The Employer can request a policy change. Only an officer or registrar of Unum can approve a change. The change must be in writing and endorsed on or attached to the policy. MODIFYING OR CANCELLING THE POLICY OR A PLAN UNDER THE POLICY The policy or a plan under the policy can be cancelled: - by Unum; or - by the Employer. Unum may cancel or modify the policy or a plan if: - there is less than 75% participation of those eligible employees who pay all or part of their premium for a plan; or - there is less than 100% participation of those eligible employees for an Employer paid plan; - the Employer does not promptly provide Unum with information that is reasonably required; - the Employer fails to perform any of its obligations that relate to the policy; - fewer than 10 employees are insured under a plan; - the premium is not paid in accordance with the provisions of the policy that specify whether the Employer, the employee, or both, pay(s) the premiums; - the Employer does not promptly report to Unum the names of any employees who are added or deleted from the eligible group; - Unum determines that there is a significant change, in the size, occupation or age of the eligible group as a result of a corporate transaction such as a merger, divestiture, acquisition, sale, or reorganization of the Employer and/or its employees; or - the Employer fails to pay any portion of the premium within the 31 day grace period.
ADDLSUM-2 (1/1/2025)
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