Common use of Disability or Death of a Trustee Clause in Contracts

Disability or Death of a Trustee. (a) If a Trustee suffers a Disability, then the balance of the Trustee’s Deferral Account shall be distributed to the Trustee in a single payment within 90 days after the Trustee’s Disability is determined to have occurred (in accordance with 409A).

Appears in 9 contracts

Samples: Trustee Deferred Compensation Agreement (Invesco High Income 2024 Target Term Fund), Trustee Deferred Compensation Agreement (Invesco High Income 2023 Target Term Fund), Trustee Deferred Compensation Agreement (Aim Treasurers Series Trust (Invesco Treasurer's Series Trust))

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Disability or Death of a Trustee. (a) If a Trustee suffers a Disability, then the balance of the Trustee’s Deferral Account shall be distributed to the Trustee in a single payment within 90 days after the Trustee’s Disability is determined to have occurred (in accordance with 409A409A and regulations thereunder).

Appears in 4 contracts

Samples: Trustee Deferred Compensation Agreement (Invesco Prime Income Trust), Trustee Deferred Compensation Agreement (Aim Funds Group (Invesco Funds Group)), Trustee Deferred Compensation Agreement (Aim Counselor Series Trust (Invesco Counselor Series Trust))

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Disability or Death of a Trustee. (a) If a Trustee suffers a Disability, then the balance of the Trustee’s 's Deferral Account shall be distributed to the Trustee in a single payment within 90 days after the Trustee’s 's Disability is determined to have occurred (in accordance with 409A409A and regulations thereunder).

Appears in 1 contract

Samples: Compensation Agreement (Aim Treasurers Series Trust)

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