Disposition of Income. (a) Prior to a Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company. (b) Following a Change in Control, all income received by the Trust, net of expenses and taxes payable by the Trust, shall be accumulated and reinvested within the Trust.
Appears in 10 contracts
Samples: Trust Agreement (Smart & Final Stores, Inc.), Grantor Trust Agreement (Alcoa Corp), Grantor Trust Agreement (Alcoa Corp)
Disposition of Income. (a) Prior to a Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.
(b) Following a Change in Control, all income received by the Trust, net of expenses and taxes payable by the Trust, shall be accumulated and reinvested within the TrustTrust as part of the Fund.
Appears in 2 contracts
Samples: Rabbi Trust Agreement (Oshkosh Corp), Grantor Trust Agreement (Oshkosh Corp)
Disposition of Income. (a) Prior to a Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.
(b) Following following a Change in Control, all income received by the Trust, net of expenses and taxes payable by the Trust, shall be accumulated and reinvested within the Trust.
Appears in 2 contracts
Samples: Grantor Trust Agreement (Lci Industries), Grantor Trust Agreement (Cryo Cell International Inc)
Disposition of Income. (a) Prior to a Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within as part of the Trust Fund at the direction of the Company.
(b) Following a Change in Control, all income received by the Trust, net of expenses and taxes payable by the Trust, shall be accumulated and reinvested within as part of the TrustTrust Fund.
Appears in 1 contract
Samples: Grantor Trust Agreement (SJW Corp)
Disposition of Income. (a) Prior to a Change in Control or Potential Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.
(b) Following a Change in Control or Potential Change in Control, all income received by the Trust, net of expenses and taxes payable by the Trust, shall be accumulated and reinvested within the Trust.
Appears in 1 contract
Disposition of Income. (a) Prior to a the Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.
(b) Following a the Change in Control, all income received by the Trust, net of expenses and taxes payable by the Trust, shall be accumulated and reinvested within the Trust.
Appears in 1 contract
