If the employer, Committee or Plan Administrator receives notice that the plan is no longer qualified under the provisions of I.R.C. § 401 or any successor provision thereto and is unable to amend the plan to obtain retroactive re-qualification under such provisions, it shall immediately give notice of such event to the Trustees, who shall thereupon cause a valuation of the fund and dispose of the fund in accordance with the written direction of the Committee or Plan Administrator.
(Ord. MET 86-13, passed 5-30-1986)