Common use of Investment Authority Clause in Contracts

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 7 contracts

Samples: Trust Under (NYSE Group, Inc.), Agreement and Plan of Merger (Di Industries Inc), Agreement (Public Service Co of New Hampshire)

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Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsInsureds.

Appears in 6 contracts

Samples: Agreement (Matria Healthcare Inc), Agreement (Matria Healthcare Inc), Agreement (Matria Healthcare Inc)

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Companythe Corporation, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised exercised, solely in accordance with the directions of the Corporation, by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsthe Executive.

Appears in 5 contracts

Samples: Agreement (Nl Industries Inc), Agreement (Tremont Corporation), Trust Agreement (Nl Industries Inc)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the this Trust shall be exercised by Trustee or the person designated by Trustee, Trustee and shall in no event be exercisable by or rest with Plan participantsthe Executives.

Appears in 5 contracts

Samples: Trust Agreement (Rayonier Inc), Trust Agreement (Rayonier Advanced Materials Inc.), Trust Agreement (Rayonier Inc)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants. Company shall have the right, at anytime, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust.

Appears in 4 contracts

Samples: Trust Agreement (Analog Devices Inc), Interstate Power Company Irrevocable Trust Agreement (Interstate Power Co), Analysts International Corp

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by CompanyCEG, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised exercised, solely upon the direction of CEG, by Trustee or the person designated by Trustee, Trustee and shall in no event be exercisable by or rest with Plan participantsparticipants and their beneficiaries.

Appears in 3 contracts

Samples: Grantor Trust Agreement (Constellation Energy Group Inc), Constellation Energy Group Inc, Grantor Trust Agreement (Baltimore Gas & Electric Co)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, assets other than a de minimis amount held eligible property as defined in common investment vehicles in which Trustee investsSection 1(h). All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 2 contracts

Samples: Deferred Compensation Trust Agreement (Target Corp), Deferred Compensation Trust Agreement (Target Corp)

Investment Authority. (a) 5.1 In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with the Plan participantsParticipant.

Appears in 2 contracts

Samples: Employment Agreement (Shiloh Industries Inc), Supplemental Executive Retirement Plan (Shiloh Industries Inc)

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Companythe Employer, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 2 contracts

Samples: Agreement (Cna Surety Corp), Agreement (Cna Surety Corp)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants.designated

Appears in 2 contracts

Samples: National Convenience Stores Inc /De/, National Convenience Stores Inc /De/

Investment Authority. (a) In no event The Trustee may Trustee not invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. The Trustee’s primary investment objective shall be safety of principal. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participantsthe Executive.

Appears in 2 contracts

Samples: Retirement Plan Agreement (Sb Financial Group, Inc.), Retirement Plan Agreement (Sb Financial Group, Inc.)

Investment Authority. (a) 5.1 In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Nonqualified Deferred Compensation Trust (Nu Skin Enterprises Inc)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by CompanyEmployer, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Agreement (Brady Corp)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by CompanyCompany (or affiliated corporations within the same commonly controlled group), other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participantsthe Participants.

Appears in 1 contract

Samples: Deferred Compensation Trust Agreement (Stewart Information Services Corp)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by CompanyEmployer, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and except as described in (c) below, shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Agreement (Plexus Corp)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with the assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Trust Agreement (Bay Networks Inc)

Investment Authority. (a) 5.1 In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations directly issued by Companythe Employer, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by Trusteeunder the Plan, and shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Trust Agreement (CHS Inc)

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsthe Employee.

Appears in 1 contract

Samples: Ipswich Bancshares Inc

Investment Authority. (a) 5.1 In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Trust Agreement (Microage Inc /De/)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Companythe Corporation, other than a de minimis minimus amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or solely in accordance with the person designated directions of the Corporation (acting through the MD&C Committee) by Trustee, and shall in no event be exercisable by by, or rest with Plan participantswith, Executive.

Appears in 1 contract

Samples: Trust Agreement (Titanium Metals Corp)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Philipp Brothers (Philipp Brothers Chemicals Inc)

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Companythe Bank, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the the, person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsthe Participants.

Appears in 1 contract

Samples: Trust Agreement (Port Financial Corp)

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Investment Authority. (a) a. In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participants. Company shall have the right, at any time, and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust.

Appears in 1 contract

Samples: Trust Agreement (First Litchfield Financial Corp)

Investment Authority. (a) 5.1 In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis minimus amount held 5 in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Trust Agreement (Microage Inc /De/)

Investment Authority. (a) In no event may the Trustee invest Invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount amounts held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsthe Employee. 4 SECTION 6.

Appears in 1 contract

Samples: Under Deferred Compensation Agreement (Suburban Bancshares Inc)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participantsParticipant.

Appears in 1 contract

Samples: Agreement (Golden Enterprises Inc)

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 1 contract

Samples: Trust Agreement (Belden Inc)

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated associates with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsthe Participants, except that prior to a Change of Control voting rights with respect to the Trust assets will be exercised by the Company.

Appears in 1 contract

Samples: Trust Agreement (Priority Healthcare Corp)

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants.. Without in any way limiting the powers and discretions conferred upon it by the other provision of this Agreement or by law, the Trustee is expressly authorized and empowered:

Appears in 1 contract

Samples: Trust Agreement (Belden Inc)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participantsCovered Individuals.

Appears in 1 contract

Samples: Agreement (Fairchild Semiconductor International Inc)

Investment Authority. (a) In no event may shall the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsLEG or his spouse.

Appears in 1 contract

Samples: Trust Agreement (Clarcor Inc)

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Companythe Bank, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participantsExecutive.

Appears in 1 contract

Samples: Trust Under Supplemental Retirement Agreement (Skaneateles Bancorp Inc)

Investment Authority. (a) 5.1 In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with the Plan participants; except that voting rights with respect to Trust assets will be exercised by the Company.

Appears in 1 contract

Samples: Trust Agreement (Hologic Inc)

Investment Authority. (a) A. In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participantsParticipants. VI.

Appears in 1 contract

Samples: Kentucky Electric Steel Inc /De/

Investment Authority. (a) In no event may Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by Company, other than a de minimis amount held in common investment vehicles in which Trustee invests. All rights associated with assets of the Trust shall be exercised by Trustee or the person designated by Trustee, and shall in no event be exercisable by or rest with Plan participantsParticipants.

Appears in 1 contract

Samples: Agreement (NYSE Group, Inc.)

Investment Authority. (a) In no event may the Trustee invest in securities (including stock or rights to acquire stock) or obligations issued by the Company, other than a de minimis amount held in common investment vehicles in which the Trustee invests. All rights associated with assets of the Trust shall be exercised by the Trustee or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsthe Participant.

Appears in 1 contract

Samples: Employment Contract (Mills Corp)

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