Authority to Segregate Assets. The Company may direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Company shall give instructions to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value.
Appears in 10 contracts
Samples: Savings Plan and Trust Agreement (Nipsco Industries Inc), Employee Stock Savings Plan (La Gear Inc), Employee Savings Plan Agreement (Nipsco Industries Inc)
Authority to Segregate Assets. The Company Administrator may direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Investment Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Company Administrator shall give instructions to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value.
Appears in 5 contracts
Samples: 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc), Savings Plan Amendment (New Nisource Inc), Salaried Savings Plan and Trust Agreement (Longview Fibre Co)
Authority to Segregate Assets. The Company Administrator may direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Investment Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Company Administrator shall give instructions to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value.. 09/15/97 51
Appears in 1 contract
Samples: Savings Plan and Trust Agreement (Riviana Foods Inc /De/)
Authority to Segregate Assets. The Company Investment Committee may direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Company shall give instructions to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value.
Appears in 1 contract
Samples: 401(k) Plan and Trust Agreement (Leggett & Platt Inc)
