Actions of Majority. Any act delegated by the Company to the Committee may be done by a majority of its members. The majority may be expressed by a vote at a meeting or in writing without a meeting, and a majority action shall be equivalent to an action of all Committee members.
Appears in 14 contracts
Samples: Retirement Savings Plan and Trust Agreement (Spieker Properties Inc), 401(k) Plan and Trust Agreement (Longview Fibre Co), Savings Plan and Trust Agreement (Riviana Foods Inc /De/)
Actions of Majority. Any act delegated by the Company Plan Sponsor to the Committee may be done by a majority of its members. The majority may be expressed by a vote at a meeting or in writing without a meeting, and a majority action shall be equivalent to an action of all Committee members.
Appears in 1 contract
Samples: Financial Security Plan and Trust Agreement (Caliber System Inc)
Actions of Majority. Any act delegated by the Company Administrator to the Committee may be done by a majority of its members. The majority may be expressed by a vote at a meeting or in writing without a meeting, and a majority action shall be equivalent to an action of all Committee members.
Appears in 1 contract
