Common use of Continuing the Trust Clause in Contracts

Continuing the Trust. Under this option, the Trustee shall continue to administer the Trust Fund and pay Account balances in accordance with Section 7.07, to Participants affected by the termination upon their termination of employment or to their Beneficiaries upon such a Participant’s death, until the Trust Fund has been liquidated.

Appears in 2 contracts

Samples: Basic Plan Document (Fairfax Financial Holdings LTD/ Can), Adoption Agreement (Sonic Corp)

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Continuing the Trust. Under this option, the Trustee shall continue to administer the Trust Fund and pay Account balances in accordance with Section 7.07, to Participants affected by the termination upon their termination of employment or to their Beneficiaries upon such a Participant’s 's death, until the Trust Fund has been liquidated.

Appears in 2 contracts

Samples: 401(k) Plan Document (Metals Usa Inc), 401(k) Plan Document (Metals Usa Inc)

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