Compensation and Expenses of the Trustee. The Trustee shall be entitled to receive such reasonable compensation for its services as shall be agreed upon by the Company and the Trustee. The Trustee shall also be entitled to receive its reasonable expenses incurred with respect to the administration of the Trust. All such compensation and expenses shall be payable by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trust.
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Samples: Trust Agreement (Bank of America Corp /De/), Trust Agreement (Bank of America Corp /De/), Trust Agreement (Bank of America Corp /De/)
Compensation and Expenses of the Trustee. The Trustee shall be entitled to receive from the Company such reasonable compensation for its his services as shall be agreed upon by the Company and the Trustee. The Trustee shall also be entitled to receive its reasonable All expenses incurred with respect to the administration of the Trust. All such compensation and expenses Trust shall be payable paid by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trustincluding, without limitation, expenses for items expressly referred to in Article VII.
Appears in 3 contracts
Samples: Trust Agreement (Tasty Baking Co), Trust Agreement (Tasty Baking Co), Trust Agreement (Tasty Baking Co)
Compensation and Expenses of the Trustee. (a) The Trustee shall be entitled to receive paid such reasonable compensation for its services as shall from time to time be agreed upon by the Company and the Trustee. The Trustee shall also be entitled to receive its reasonable Such compensation, including expenses incurred by the Trustee with respect regard to its responsibilities under the administration of Trust shall be paid by the TrustCompany. All such Such compensation and expenses shall be payable withdrawn by the Company, but if not paid by Trustee out of the Trust Fund to the extent the Company shall be a charge against does not pay such compensation and may be paid from expenses to the assets of the TrustTrustee.
Appears in 3 contracts
Samples: Supplemental Benefit Trust Agreement (Codorus Valley Bancorp Inc), Codorus Valley Bancorp Inc, Benefit Trust Agreement (Codorus Valley Bancorp Inc)
Compensation and Expenses of the Trustee. The Trustee shall will be entitled to receive such reasonable compensation for its services as shall be agreed upon by the Company and the TrusteeTrustee agree upon in writing. The Trustee shall will also be entitled to receive its reasonable expenses incurred with respect to the administration of the Trusttrust, including expenditures reasonably incurred by the Trustee pursuant to Sections 8.2 and 8.3 of this trust agreement and any taxes required to be paid by the Trustee in respect of the trust. All such compensation and expenses shall will be payable paid by the Company, but if not paid by the Company shall will be a charge against and may be paid from the assets of the Trusttrust.
Appears in 2 contracts
Samples: Tampa Electric Co, Teco Energy Inc
Compensation and Expenses of the Trustee. The Trustee shall be entitled to receive such reasonable compensation for its the services as shall be agreed upon by the Company and the Trusteeit renders under this Trust. The Trustee Company shall also be entitled to receive its reasonable pay all fees and expenses incurred associated with respect to the administration of the Trust, including the Trustee’s fees and expenses. All such compensation If not so paid, the fees and expenses shall be payable by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trust.. ARTICLE TEN
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Compensation and Expenses of the Trustee. The Trustee shall will be entitled to receive such reasonable compensation for its services as shall be agreed upon by the Company and the TrusteeTrustee agree upon in writing. The Trustee shall will also be entitled to receive its reasonable expenses incurred with respect to the administration of the Trust. All such compensation and expenses shall be payable trust, including expenditures reasonably incurred by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trust.Trustee pursuant to Sections
Appears in 1 contract
Samples: Trust Agreement (Tampa Electric Co)
Compensation and Expenses of the Trustee. 9.1 The Trustee shall be entitled to receive such reasonable compensation for its the services as shall be agreed upon by the Company and the Trusteeit renders under this Trust. The Trustee Company shall also be entitled to receive its reasonable pay all fees and expenses incurred associated with respect to the administration of the TrustTrust including the Trustee’s fees and expenses. All such compensation If not so paid, the fees and expenses shall be payable by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trust.. ARTICLE TEN
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