Common use of DIRECTIONS FOLLOWING CHANGE IN CONTROL Clause in Contracts

DIRECTIONS FOLLOWING CHANGE IN CONTROL. Despite any other provision of this Master Trust Agreement that may be construed to the contrary, following a Change in Control, all powers of the Committee, the Company and the Board to direct the Trustee under this Master Trust Agreement shall terminate, and the Trustee shall act on its own discretion to carry out the terms of this Master Trust Agreement in accordance with the Plans and this Master Trust Agreement.

Appears in 5 contracts

Samples: Master Trust Agreement (Haynes International Inc), Master Trust Agreement (Wh Holdings Cayman Islands LTD), Master Trust Agreement (Voyager Group Inc)

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DIRECTIONS FOLLOWING CHANGE IN CONTROL. Despite any other provision of this Master Trust Agreement that may be construed to the contrary, following a Change in Control, all powers of the Committee, the Company and the Board to direct the Trustee under this Master Trust Agreement shall terminate, and the Trustee shall act on its own discretion to carry out the terms of this Master Trust Agreement in accordance with the Plans Plan and this Master Trust Agreement.

Appears in 2 contracts

Samples: Master Trust Agreement (International Rectifier Corp /De/), Master Trust Agreement (Certified Grocers of California LTD)

DIRECTIONS FOLLOWING CHANGE IN CONTROL. Despite any other provision of --------------------------------------- this Master Trust Agreement that may be construed to the contrary, following a Change in Control, all powers of the Committee, the Company and the Board to direct the Trustee under this Master Trust Agreement shall terminate, and the Trustee shall act on its own discretion to carry out the terms of this Master Trust Agreement in accordance with the Plans and this Master Trust Agreement.

Appears in 2 contracts

Samples: Master Trust Agreement (Zero Corp), Master Trust Agreement (Zero Corp)

DIRECTIONS FOLLOWING CHANGE IN CONTROL. Despite any other provision of this Master Trust Agreement that may be construed to the contrary, following a Change in Control, all powers of the Committee, the Company and the Board to direct the Trustee under this Master Trust - 20 - XXXXXX INTERNATIONAL, INC. Supplemental Executive Retirement Plan(s) MASTER TRUST AGREEMENT Agreement shall terminate, and the Trustee shall act on its own discretion to carry out the terms of this Master Trust Agreement in accordance with the Plans and this Master Trust Agreement.

Appears in 1 contract

Samples: Master Trust Agreement (Haynes International Inc)

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DIRECTIONS FOLLOWING CHANGE IN CONTROL. Despite any other provision of this Master Trust Agreement that may be construed to the contrary, following a Change in Control, all powers of the Committee, the Company and the Board to direct the Trustee under this Master Trust Agreement shall terminate, and the Trustee shall act on its own discretion in accordance with directions provided to it by the Post-Change Committee to carry out the terms of this Master Trust Agreement in accordance with the Plans and this Master Trust Agreement.

Appears in 1 contract

Samples: Master Trust Agreement (Charter One Financial Inc)

DIRECTIONS FOLLOWING CHANGE IN CONTROL. Despite any other provision of this Master Trust Agreement that may be construed to the contrary, following a Change in Control, all powers of the Committee, the Company and the Board to direct the Trustee under this Master Trust Agreement shall terminate, and the Trustee shall act on its own discretion to carry out the terms of this Master Trust Agreement in accordance with the Plans and this Master Trust Agreement.. 10.2

Appears in 1 contract

Samples: Master Trust Agreement (Dixie Group Inc)

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