Court Appointment of Successor. If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 12(a) hereof, by the effective date of resignation or removal under Section 11(a) or Section 11(b). If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.
Appears in 4 contracts
Samples: Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Deferred Compensation Plan (Fremont General Corp), Deferred Stock Unit Plan Trust Agreement (Per Se Technologies Inc)
Court Appointment of Successor. If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 12(a11(d) hereof, by the effective date of resignation or removal under Section 11(a) or Section 11(b). If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust, which shall be reimbursed by the Company.
Appears in 2 contracts
Samples: Deferred Compensation Plan (Fremont General Corp), Fremont General Corp
Court Appointment of Successor. If the Trustee resigns or is removed, a successor Trustee shall be appointed, in accordance with Section 12(a) hereof, by the effective date of resignation or removal under Section 11(a11 (a) or Section 11(b). If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Company and the Trustee in connection with the proceeding shall be allowed as administrative expenses of paid by the Company and not by the Trust.
Appears in 1 contract
Samples: Contingent Share Award Agreement (Flextronics International LTD)
