Common use of Direction by Committee Clause in Contracts

Direction by Committee. Whenever the Committee consists of members other than or in addition to the Trustees, and whenever the Trustees are required or authorized to take any action hereunder pursuant to any written direction or determination of the Committee, such direction or determination shall be sufficient protection to the Trustees if contained in a writing signed by any one or more of its members authorized to execute documents on behalf of the Committee pursuant to Section 9.04. By such writing the Committee may ratify, approve, or confirm any action taken by the Trustees, and upon such ratification, approval, or confirmation the Trustees shall be protected as though authorization or determination by the Committee had preceded such action. In the absence of direction by the Committee as to any matter provided in this Plan, the Trustees may in their discretion take such action as they deem fit and proper with respect thereto after reasonable attempts to secure Committee direction. The Trustees may deliver documents to the Committee by delivering the same to each member of the Committee or by mailing the same, postage prepaid, addressed to the Committee in care of the Company at its principal office.

Direction by Committee. Whenever the Committee consists of members other than or in addition to the Trustees, and whenever the Trustees are Trustee is required or authorized to take any action hereunder pursuant to any written direction or determination of the Committee, such direction or determination shall be sufficient protection to the Trustees Trustee if contained in a writing signed by any one or more of its members members, or any other person, authorized to execute documents on behalf of the Committee pursuant to Section 9.048.04. By such writing the Committee may ratify, approve, or confirm any action taken by the TrusteesTrustee, and upon such ratification, approval, or confirmation the Trustees Trustee shall be protected as though authorization or determination by the Committee had has preceded such action. In the absence of direction by the Committee as to any matter provided in this Plan, the Trustees Trustee may in their its discretion take such action as they deem it deems fit and proper with respect thereto after reasonable attempts to secure Committee direction. The Trustees Trustee may deliver documents to the Committee by delivering the same to each member of the Committee or by mailing the same, postage prepaid, addressed to the Committee in care of the Company at its principal office.

Direction by Committee. Whenever the Committee consists of members other than or in addition to the Trustees, and whenever the Trustees are required or authorized to take any action hereunder pursuant to any written direction or determination of the Committee, such direction or determination shall be sufficient protection to the Trustees if contained in a writing signed by any one or more of its members authorized to execute 76 77 documents on behalf of the Committee pursuant to Section 9.04. By such writing the Committee may ratify, approve, or confirm any action taken by the Trustees, and upon such ratification, approval, or confirmation the Trustees shall be protected as though authorization or determination by the Committee had preceded such action. In the absence of direction by the Committee as to any matter provided in this Plan, the Trustees may in their discretion take such action as they deem fit and proper with respect thereto after reasonable attempts to secure Committee direction. The Trustees may deliver documents to the Committee by delivering the same to each member of the Committee or by mailing the same, postage prepaid, addressed to the Committee in care of the Company at its principal office.

Direction by Committee. Whenever the Committee consists of members other than or in addition to the Trustees, and whenever the Trustees are required or authorized to take any action hereunder pursuant to any written direction or determination of the Committee, such direction or determination shall be sufficient protection to the Trustees if contained in a writing signed by any one or more of its members authorized to execute documents on behalf of the Committee pursuant to Section 9.04. By such writing the Committee may ratify, approve, or confirm any action taken by the Trustees, and upon such ratification, approval, or confirmation the Trustees shall be protected as though authorization or determination by the Committee had preceded such action. In the absence of direction by the Committee as to any matter provided in this Plan, the Trustees may in their discretion take such action as they deem fit and proper with respect thereto after reasonable attempts to secure Committee direction. The Trustees may deliver documents to the Committee by delivering the same to each member of the Committee or by mailing the same, postage prepaid, addressed to the Committee in care of the Company at its principal office.