Common use of Common Trust Clause in Contracts

Common Trust. Contributions made by any such Adopting Employer will be held in a common Trust Fund with contributions made by the Sponsor, and all such contributions will be available to pay the benefits of any Participant who is an Employee of the Sponsor or any such Adopting Employer.

Appears in 2 contracts

Samples: Picis Inc, Picis Inc

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Common Trust. Contributions made by any such Adopting Employer will be held in a common Trust Fund with contributions made by the Sponsor, and all such contributions will be available to pay the benefits of any Participant or Beneficiary who is an Employee of the Sponsor or any such Adopting Employer.

Appears in 1 contract

Samples: Agreement (Provident Bancorp Inc/Ny/)

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Common Trust. Contributions made by any such Adopting Employer will be held in a common Trust Fund with contributions made by the Sponsor, and all such contributions will be available to pay the benefits of any Participant (or Beneficiary thereof) who is an Employee of the Sponsor or any such Adopting Employer.

Appears in 1 contract

Samples: pdf4pro.com

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