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: Adoption Agreement (Sonic Corp), Fairfax Financial Holdings LTD/ Can

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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: Metals Usa Inc, Metals Usa Inc

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