Common use of Consultation with Legal Counsel Clause in Contracts

Consultation with Legal Counsel. The Trustee may consult with counsel, who may be counsel for the Employer, with respect to any of its duties or obligations hereunder and may rely on counsel in acting or refraining from acting in accordance with their advice, and pay reasonable fees and expenses for such services.

Appears in 1 contract

Samples: Employee Stock Ownership Plan and Trust Agreement (Origin Bancorp, Inc.)

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Consultation with Legal Counsel. The Trustee may consult with counsel, who may be counsel for the EmployerSponsor, with respect to any of its duties or obligations hereunder and may rely on counsel in acting or refraining from acting in accordance with their advice, and pay reasonable fees and expenses for such services.

Appears in 1 contract

Samples: 401(k) Savings Plan and Trust Agreement (Hancock Whitney Corp)

Consultation with Legal Counsel. The Trustee may consult with counsel, legal counsel (who may also be counsel for the Employer, Trustee generally or counsel to the Company) with respect to any of its duties or obligations hereunder hereunder, including any determination as to whether a Change in Control has occurred or as to whether the Company is insolvent, and may rely on counsel in shall not be held responsible for acting or refraining from acting in accordance with their advice, and pay the advice of any such counsel selected with reasonable fees and expenses for such servicescare.

Appears in 1 contract

Samples: Trust Agreement (Chase Corp)

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Consultation with Legal Counsel. The Trustee may consult with counsel, who may be or engage the services of such legal counsel (including counsel for an Adopting Company) as the Employer, with respect Trustee may select and shall be not subject to any liability as the result of its duties taking any action or obligations hereunder and may rely on counsel failing to take any action in acting or refraining from acting in accordance with their advice, and pay reasonable fees and expenses for good faith pursuant to the advice of such servicescounsel.

Appears in 1 contract

Samples: Employees' Profit Sharing (401(k)) Plan and Trust Agreement (Penhall Co)

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