Common use of Establishment and Title of the Trust Clause in Contracts

Establishment and Title of the Trust. The Company hereby establishes with the Trustee a trust to be known as the “XXXXXXX INCORPORATED GRANTOR TRUST FOR SENIOR MANAGEMENT PLANS”, consisting of such sums of money and other property reasonably acceptable to the Trustee as from time to time shall be paid or delivered to the Trustee. The Trustee acknowledges the receipt of $1,000.00 representing the initial contribution to the Trust. The Trust Fund shall be held by the Trustee in trust and shall be dealt with in accordance with the provisions of this Trust Agreement. The Company shall at all times have the power to reacquire the Trust Fund by substituting cash or readily marketable securities of equivalent value, net of any costs of disposition (other than securities issued by the Company or any Affiliate), and such other property shall, following such substitution, constitute the Trust Fund.

Establishment and Title of the Trust. The Company hereby establishes with the Trustee a trust to be known as the “XXXXXXX INCORPORATED GRANTOR TRUST FOR SENIOR MANAGEMENT PLANS”"GTECH Holdings Corporation and Subsidiaries Income Deferred Plan 1998 Trust", consisting of such sums of money and other property reasonably acceptable to the Trustee as from time to time shall be paid or delivered to the Trustee. The Trustee acknowledges the receipt of [$1,000.00 364,933.33] representing the initial contribution to the Trust. The Trust Fund shall be held by the Trustee in trust and shall be dealt with in accordance with the provisions of this Trust Agreement. The Company shall at all times have the power to reacquire the Trust Fund by substituting cash or readily marketable securities of equivalent value, net of any costs of disposition (other than securities issued by the Company or any Affiliate), and such other property shall, following such substitution, constitute the Trust Fund.

Establishment and Title of the Trust. The Company hereby establishes with the Trustee a trust to be known as the “XXXXXXX INCORPORATED GRANTOR TRUST FOR SENIOR MANAGEMENT NON-EMPLOYEE DIRECTOR PLANS”, consisting of such sums of money and other property reasonably acceptable to the Trustee as from time to time shall be paid or delivered to the Trustee. The Trustee acknowledges the receipt of $1,000.00 representing the initial contribution to the Trust. The Trust Fund shall be held by the Trustee in trust and shall be dealt with in accordance with the provisions of this Trust Agreement. The Company shall at all times have the power to reacquire the Trust Fund by substituting cash or readily marketable securities of equivalent value, net of any costs of disposition (other than securities issued by the Company or any Affiliate), and such other property shall, following such substitution, constitute the Trust Fund.

Establishment and Title of the Trust. The Company hereby establishes with the Trustee a trust to be known as the “XXXXXXX "HUBBELL INCORPORATED GRANTOR TRUST FOR SENIOR MANAGEMENT PLANS”", consisting consxxxxxx of such sums of money and other property reasonably acceptable to the Trustee as from time to time shall be paid or delivered to the Trustee. The Trustee acknowledges the receipt of $1,000.00 representing the initial contribution to the Trust. The Trust Fund shall be held by the Trustee in trust and shall be dealt with in accordance with the provisions of this Trust Agreement. The Company shall at all times have the power to reacquire the Trust Fund by substituting cash or readily marketable securities of equivalent value, net of any costs of disposition (other than securities issued by the Company or any Affiliate), and such other property shall, following such substitution, constitute the Trust Fund.

Establishment and Title of the Trust. The Company hereby establishes with the Trustee a trust to be known as the “XXXXXXX "HUBBELL INCORPORATED GRANTOR TRUST FOR SENIOR MANAGEMENT NON-EMPLOYEE DIRECTOR PLANS”", consisting xxxxxxting of such sums of money and other property reasonably acceptable to the Trustee as from time to time shall be paid or delivered to the Trustee. The Trustee acknowledges the receipt of $1,000.00 representing the initial contribution to the Trust. The Trust Fund shall be held by the Trustee in trust and shall be dealt with in accordance with the provisions of this Trust Agreement. The Company shall at all times have the power to reacquire the Trust Fund by substituting cash or readily marketable securities of equivalent value, net of any costs of disposition (other than securities issued by the Company or any Affiliate), and such other property shall, following such substitution, constitute the Trust Fund.