Common use of Intentions Clause in Contracts

Intentions. The Company wishes to establish the Trust and to contribute to the Trust assets that shall be held therein, subject to the claims of the Company's and the Subsidiaries' creditors in the event of their Insolvency, as herein defined, until paid to Participants and their Beneficiaries in such manner and at such times as specified in the Plans. It is the intention of the parties that this Trust shall not affect the status of the Plans as unfounded plans maintained for providing supplemental compensation for a select group of management, highly compensated employees and/or Directors for purposes of Title I of ERISA (as defined below). In addition, it is the intention of the Company and the Subsidiaries to make contributions to the Trust to provide themselves with a source of funds to assist them in the meeting of their liabilities under the Plans.

Intentions. The Company wishes to establish the Trust and to contribute to the Trust assets that shall be held therein, subject to the claims of the Company's ’s and the Subsidiaries' ’ creditors in the event of their Insolvency, as herein defined, until paid to Participants and their Beneficiaries in such manner and at such times as specified in the Plans. It is the intention of the parties that this Trust shall not affect the status of the Plans as unfounded unfunded plans maintained for the purpose of providing supplemental compensation for a select group of management, highly compensated employees and/or Directors for purposes of Title I of ERISA (as defined below). In addition, it is the intention of the Company and the Subsidiaries to make contributions to the Trust to provide themselves with a source of funds to assist them in the meeting of their liabilities under the Plans.

Intentions. The Company wishes to establish the Trust and to contribute to the Trust assets that That shall be held therein, subject to the claims of the Company's ’s and the Subsidiaries' ’ creditors in the event of their Insolvency, Insolvency (as herein defined, defined below) until paid to Participants and their Beneficiaries in such manner and at such times as specified in the PlansPlan. It is the intention of the parties that this Trust shall constitute an unfunded arrangement and shall not affect the status of the Plans Plan as unfounded plans an unfunded plan maintained for the purpose of providing supplemental compensation for a select group of management, highly compensated employees and/or Directors for purposes of Title I of ERISA (as defined below). In addition, it is the intention of the Company and the Subsidiaries to make contributions to the Trust to provide themselves with a source of funds to assist them in the meeting of their liabilities under the PlansPlan.

Intentions. The Company wishes to establish the Trust and to contribute to the Trust assets that shall be held therein, subject to the claims of the Company's and the SubsidiariesAffiliates' creditors in the event of their Insolvency, Insolvency (as herein defined, defined below) until paid to Participants and their Beneficiaries in such manner and at such times as specified in the PlansPlan. It is the intention of the parties that this Trust shall constitute an unfunded arrangement and shall not affect the status of the Plans Plan as unfounded plans an unfunded plan maintained for the purpose of providing supplemental compensation for a select group of management, management or highly compensated employees and/or Directors associates for purposes of Title I of ERISA (as defined below). In addition, it is the intention of the Company and the Subsidiaries Affiliates to make contributions to the Trust to provide themselves with a source of funds to assist them in the meeting of their liabilities under the PlansPlan.