PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [‎16r] (31/76)

to his credit in his “B” account designated
r of years of Continuous Service he has
Percentage Of
"B" Account Payable
51
58
65
72
79
86
93
100
Member:
ay the total amount then standing to his
ount to the beneficiary last designated by
ting on the Company’s regular form for
vered to the Company prior to his death,
•y is deceased, to the executor, adminis-
.1 representative of such Member.
1 five years of Continuous Service, the
3 the said beneficiary, executor, adminis-
al representative the percentage of the
anding to his credit in his “B” account,
■ 14 (b) above, for his “Completed Years
ce”.
ion of his Continuous Service, a Member
ith an Aftiliated Company, the Trustees,
le Company and the Affiliated Company
ise, may apply all or any part of the
the credit of such Member in his “B”
: percentage payable to him under Rule
efit of such Member under a retirement
?any.
me payable under this Plan, payments
e as promptly as practicable.
fie after the beginning of each calendar
pare and furnish to each Member and the
mt or statements of: (a) All Earnings
received by them as Trustees during the prior year; (b) The value
of the Fund as of December 31st of such prior year; and, (c) The
status of the respective Members’ “A” and “B” accounts on that day.
Lien on Accounts
19. If a Member commits, or has committed, an embezzlement or
other wrongful act against, or is indebted in any way to, the Com
pany, or any Affiliated Company, and thereby causes it any loss or
expense, the Trustees, upon such loss or expense being established
to their satisfaction, may apply so much of the amount standing to
the Member’s credit in either or both his “A” and “B” accounts as
may be necessary to reimburse said company for such loss or expense.
Members’ Rights not Transferable
20. Subject to the provisions of Rules 15, 16, and 19 above, the
rights of a Member to any amounts payable, or which may become
payable, to him under this Plan cannot be assigned, pledged, hypo
thecated, or alienated by operation of law without the prior written
permission of the Trustees.
Termination of Member’s Service—Loaned Members
21. Nothing in this Plan shall preclude the Company from ter
minating the services of any Member. The status of any Member
while he is temporarily loaned to another company shall be determined
by the Company in each instance.
Copies to be Supplied Members
22. The Company shall supply to each Member a copy of these
Rules, the Trust Agreement, and all amendments thereof and supple
ments thereto.
Amendment of Plan
23. The Trustees and the Company jointly may from time to
time amend, alter, or make additions to these Rules and may make
amendments and supplements to the Trust Agreement; but any such
amendment, alteration, addition, or supplement shall neither change
the main purpose of providing benefits for Members nor provide for
the return to the Company of any portion of the contributions there
tofore made by it. If any amendment, alteration, addition, or supple-