Company's Right to Substitute Assets. The Company shall have the right at any time, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust. This right is exercisable by Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity, including without limitation, the Trustee.
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Samples: Employment Agreement (TBC Corp), Agreement (TBC Corp), Employment Agreement (TBC Corp)
Company's Right to Substitute Assets. The Subject to subparagraph 2.2(a) above, the Company shall have the right at any timetime prior to a Change in Control, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity. The Trustee shall have the right, including without limitationin its sole and absolute discretion, to approve the Trusteesubstitution of any assets by the Company following a Change in Control.
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Samples: Trust Agreement (Deluxe Corp)
Company's Right to Substitute Assets. The Company shall have the right at any time, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity, including without limitation, the Trustee.
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