Common use of Compensation and Expenses of the Trustee Clause in Contracts

Compensation and Expenses of the Trustee. The Trustee shall be entitled to receive such reasonable compensation for its services as shall be agreed upon by the Company and the Trustee. The Trustee shall also be entitled to receive its reasonable expenses incurred with respect to the administration of the Trust. All such compensation and expenses shall be payable by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trust.

Appears in 5 contracts

Samples: Trust Agreement (Bank of America Corp /De/), Trust Agreement (Bank of America Corp /De/), Trust Agreement (Bank of America Corp /De/)

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Compensation and Expenses of the Trustee. The Trustee shall be entitled to receive from the Company such reasonable compensation for its his services as shall be agreed upon by the Company and the Trustee. The Trustee shall also be entitled to receive its reasonable All expenses incurred with respect to the administration of the Trust. All such compensation and expenses Trust shall be payable paid by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trustincluding, without limitation, expenses for items expressly referred to in Article VII.

Appears in 3 contracts

Samples: Trust Agreement (Tasty Baking Co), Trust Agreement (Tasty Baking Co), Trust Agreement (Tasty Baking Co)

Compensation and Expenses of the Trustee. The Trustee shall will be entitled to receive such reasonable compensation for its services as shall be agreed upon by the Company and the TrusteeTrustee agree upon in writing. The Trustee shall will also be entitled to receive its reasonable expenses incurred with respect to the administration of the Trusttrust, including expenditures reasonably incurred by the Trustee pursuant to Sections 8.2 and 8.3 of this trust agreement and any taxes required to be paid by the Trustee in respect of the trust. All such compensation and expenses shall will be payable paid by the Company, but if not paid by the Company shall will be a charge against and may be paid from the assets of the Trusttrust.

Appears in 2 contracts

Samples: Supplemental Retirement Benefits Trust Agreement (Tampa Electric Co), Supplemental Retirement Benefits Trust Agreement (Teco Energy Inc)

Compensation and Expenses of the Trustee. The Trustee shall be entitled to receive such reasonable compensation for its the services as shall be agreed upon by the Company and the Trusteeit renders under this Trust. The Trustee Company shall also be entitled to receive its reasonable pay all fees and expenses incurred associated with respect to the administration of the Trust, including the Trustee’s fees and expenses. All such compensation If not so paid, the fees and expenses shall be payable by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trust.

Appears in 1 contract

Samples: Executive Deferred Compensation Trust Agreement (CAESARS ENTERTAINMENT Corp)

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Compensation and Expenses of the Trustee. The Trustee shall be entitled to receive such reasonable compensation for its the services as shall be agreed upon by the Company and the Trusteeit renders under this Trust. The Trustee Company shall also be entitled to receive its reasonable pay all fees and expenses incurred associated with respect to the administration of the TrustTrust including the Trustee’s fees and expenses. All such compensation If not so paid, the fees and expenses shall be payable by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trust.

Appears in 1 contract

Samples: Executive Deferred Compensation Trust Agreement (Harrahs Entertainment Inc)

Compensation and Expenses of the Trustee. The Trustee shall will be entitled to receive such reasonable compensation for its services as shall be agreed upon by the Company and the TrusteeTrustee agree upon in writing. The Trustee shall will also be entitled to receive its reasonable expenses incurred with respect to the administration of the Trust. All such compensation and expenses shall be payable trust, including expenditures reasonably incurred by the Company, but if not paid by the Company shall be a charge against and may be paid from the assets of the Trust.Trustee pursuant to Sections

Appears in 1 contract

Samples: Trust Agreement (Tampa Electric Co)

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