Common use of Acceptance of Trust Responsibilities Clause in Contracts

Acceptance of Trust Responsibilities. By executing the Adoption Agreement, the Employer establishes a trust to hold the assets of the Plan. By executing the Adoption Agreement, the Trustee agrees to accept the rights, duties and responsibilities set forth in this Article 14.

Appears in 10 contracts

Samples: Adoption Agreement (Extended Systems Inc), Adoption Agreement (Lawter International Inc), Adoption Agreement (Infousa Inc)

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Acceptance of Trust Responsibilities. By executing the Adoption Agreement, the Employer establishes a trust to hold the assets of the PlanPlan that are invested in Permissible Investments. By executing the Adoption Agreement, the Trustee agrees to accept the rights, duties and responsibilities set forth in this Article 14Article. If the Plan is an amendment and restatement of a prior plan, the Trustee shall have no liability for, and no duty to inquire into, the administration of the assets of the Plan for periods prior to the date such assets are transferred to the Trust.

Appears in 3 contracts

Samples: Alcoa Inc., Alcoa Inc., Alcoa Inc.

Acceptance of Trust Responsibilities. By executing the Adoption Agreement, the Employer establishes a trust to hold the assets of the PlanPlan that are invested in Permissible Investments. By executing the Adoption Agreement, the Trustee agrees to accept the rights, duties and responsibilities set forth in this Article 14Article. If the Plan is an amendment and restatement of a prior plan, the Trustee shall have no liability for and no duty to inquire into the administration of the assets of the Plan for periods prior to the date such assets are transferred to the Trust.

Appears in 3 contracts

Samples: Hudson City Bancorp Inc, Axsys Technologies Inc, Brillian Corp

Acceptance of Trust Responsibilities. By executing the Adoption ------------------------------------ Agreement, the Employer establishes a trust to hold the assets of the Planplan. By executing the Adoption Agreement, the Trustee agrees to accept the rights, duties and responsibilities set forth in this Article 14.

Appears in 1 contract

Samples: Impac Group Inc /De/

Acceptance of Trust Responsibilities. By executing the Adoption Agreement, the Employer establishes a trust to hold the assets of the Planplan. By executing the Adoption Agreement, the Trustee agrees to accept the rights, duties and responsibilities set forth in this Article 14.

Appears in 1 contract

Samples: Jaymark Inc

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Acceptance of Trust Responsibilities. By executing the Adoption ------------------------------------ Agreement, the Employer establishes a trust to hold the assets of the Plan. By executing the Adoption Agreement, the Trustee agrees to accept the rights, duties and responsibilities set forth in this Article 14.

Appears in 1 contract

Samples: Technitrol Inc

Acceptance of Trust Responsibilities. By executing the Adoption Agreement, the Employer establishes a trust to hold the assets of the Plan. By executing the Adoption Agreement, the Trustee agrees to accept the rights, duties and responsibilities set forth in this Article 14.. 14.02

Appears in 1 contract

Samples: Celadon Group Inc

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