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Investor Relations

SEC Filings

GRAHAM HOLDINGS CO filed this Form 10-K on 03/29/1994
Entire Document
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                 Section 7.  Loss of Benefits.  Notwithstanding any other
section of this Plan, if a Participant is discharged by the Company or an
Affiliate because of conduct that the  Participant knew or should have known
was detrimental to legitimate interests of the Company or its Affiliates,
dishonesty, fraud, misappropriation of funds or confidential, secret or
proprietary information belonging to the Company or an Affiliate or commission
of a crime, such Participant's rights to any benefits under this Plan shall be
forfeited; except that such  Participant shall be entitled to receive the
aggregate amount of his Supplemental Basic Contributions, without any interest,
in such event.

                 Section 8.  Nonassignability.  No Participant, or beneficiary
shall have the right to assign, pledge or otherwise dispose of any benefits
payable to him hereunder nor shall any benefit hereunder be subject to
garnishment, attachment, transfer by operation of law, or any legal process.

                 Section 9.  Limitation of Liability.  The Company's sole
obligation under this Plan is to pay the benefits provided for herein and
neither the Participant nor any other person shall have any legal or equitable
right against the Company, an Affiliate, the Boards of Directors thereof, the
Committee or any officer or employee of the Company or an Affiliate other than
the right against the Company to receive such payments from the Company as
provided herein.

                 Section 10.  Use of Masculine and Feminine; Singular and
Plural.  Wherever used in this Plan, the masculine gender will include the
feminine gender and the singular will include the plural, unless the context
indicates otherwise.