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SUMMARY of MATERIAL MODIFICATION AMENDMENT # 1 to the NATIONAL FRANCHISEE ASSOCIATION HEALTH + MEDICAL PLAN The National Franchisee Association Health + Medical Plan is hereby amended, effective 05×01/15.
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How to fill out summary of material modification
How to fill out summary of material modification:
01
Start by carefully reviewing the original material and identifying any changes or updates that have been made. This could include modifications to the content, format, or other relevant aspects.
02
Use clear and concise language to summarize the material modifications. Avoid unnecessary jargon or technical terms that may not be easily understood by the intended audience.
03
Include relevant details such as the date of the modification, the reason behind the changes, and any potential impacts or consequences that may arise as a result.
04
Ensure that the summary provides a comprehensive overview of the material modifications, capturing all important aspects that need to be communicated to the target audience.
05
If necessary, seek input or feedback from relevant stakeholders or subject matter experts to ensure the accuracy and completeness of the summary.
06
After completing the summary, proofread it for any grammatical or spelling errors, and make necessary revisions or corrections before finalizing it.
Who needs summary of material modification:
01
Organizations that have made significant changes to their policies, procedures, or any other important documents may need to provide a summary of material modifications. This helps ensure that all relevant stakeholders are aware of and understand the changes that have been made.
02
Regulatory bodies or governing authorities may require organizations to submit a summary of material modification as part of compliance or reporting obligations. This allows them to assess any potential impacts or risks associated with the modifications.
03
Individuals who are directly affected by the material modifications, such as employees, customers, or shareholders, may also need access to the summary. This helps them stay informed and make necessary adjustments or decisions based on the updated information.
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