L. Plan Termination.

If the Plan terminates the procedures for allocation of Plan assets on termination or directives or regulations of the Pension Benefit Guaranty Corporation (“PBGC”) may result in a reduction or loss of your accrued right or expectations for benefits provided in the Plan if the assets of the Plan are inadequate to cover the actuarial value of all of your accrued benefits. Benefits payable by the PBGC are more fully described in Section 17 below.