Common use of Establishment of Employment Benefit Trust Clause in Contracts

Establishment of Employment Benefit Trust. The Company has established an Employment Benefit Trust (the "Trust") for the benefit of Executive and other key executives of the Company. The form of Trust Agreement is attached as Exhibit A. In order to provide benefits to Executive, the Company has transferred to the Trust the assets and amounts specified in paragraph 4.3 and has instructed the trustee of the Trust to maintain such assets and amounts in a separate account for the benefit of Executive (the "Account"). 4.3

Appears in 1 contract

Samples: Employment Agreement (Trigon Healthcare Inc)

AutoNDA by SimpleDocs

Establishment of Employment Benefit Trust. The Company has established an Employment Benefit Trust (the "Trust") for the benefit of Executive and other key executives of the Company. The form of Trust Agreement is attached as Exhibit A. In order to provide benefits to Executive, the Company has transferred to the Trust the assets and amounts specified in paragraph 4.3 and has instructed the trustee of the Trust to maintain such assets and amounts in a separate account for the benefit of Executive (the "Account"). 4.3in

Appears in 1 contract

Samples: Employment Agreement (Trigon Healthcare Inc)

Establishment of Employment Benefit Trust. The Company has established an Employment Benefit Trust (the "Trust") for the benefit of Executive and other key executives of the Company. The form of Trust Agreement is attached as Exhibit A. In order to provide benefits to Executive, the Company has transferred to the Trust the assets and amounts specified in paragraph 4.3 and has instructed the trustee of the Trust to maintain such assets and amounts in a separate account for the benefit of Executive (the "Account"). 4.3the

Appears in 1 contract

Samples: Employment Agreement (Trigon Healthcare Inc)

AutoNDA by SimpleDocs

Establishment of Employment Benefit Trust. The Company has established an Employment Benefit Trust (the "Trust") for the benefit of Executive and other key executives of the Company. The form of Trust Agreement is attached as Exhibit A. In order to provide benefits to Executive, the Company has transferred to the Trust the assets and amounts specified in paragraph 4.3 and has instructed the trustee of the Trust to maintain such assets and amounts in a separate account for the benefit of Executive (the "Account"). 4.3.

Appears in 1 contract

Samples: Employment Agreement (Trigon Healthcare Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!