Common use of Investment Authority Clause in Contracts

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 3 contracts

Samples: Total and Complete (Nu Skin Enterprises Inc), Nu Skin Enterprises Inc, Nu Skin Enterprises Inc

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Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants.

Appears in 3 contracts

Samples: Trust Agreement (Briggs & Stratton Corp), Trust Agreement (National Golf Properties Inc), Insteel Industries Inc

Investment Authority. (a) The Trustee may shall invest in life insurance policies, annuities, any and all securities or obligations (including stock or rights to acquire stock) including securities or obligations issued by Company, as determined by the Trustee, unless otherwise instructed by the Chief Financial Officer of the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsParticipants.

Appears in 3 contracts

Samples: Trust Agreement (Homeside International Inc), Trust Under (Homeside International Inc), Trust Under (Homeside Lending Inc)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants. The Company shall retain authority and instruct Trustee regarding investments.

Appears in 2 contracts

Samples: Gemstar International Group LTD, Matrix Bancorp Inc

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable exercised by or rest with Plan participants, except that voting rights with respect to Trust assets will be exercised by Company unless an investment adviser has been appointed pursuant to Section 5(c) and voting authority has been delegated to such investment adviser.

Appears in 2 contracts

Samples: Bei Medical Systems Co Inc /De/, Petro Stopping Centers L P

Investment Authority. (a) The Subject to any Company direction as set forth below, Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company; regulated, mutual or collective investment funds created, maintained, or advised by Company; or any bank accounts of Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsParticipants.

Appears in 2 contracts

Samples: Trust Agreement (Commerce Bancshares Inc /Mo/), Trust Agreement (Commerce Bancshares Inc /Mo/)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of the person designated by or the Trustee's delegate, and shall in no event be exercisable by or rest with Plan participantsthe Qualified Participant, except to the extent any Qualified Participant is appointed Trustee or delegate of the Trustee.

Appears in 2 contracts

Samples: Common Stock Trust Agreement (Triton Management Co Inc), Common Stock Trust Agreement (Triton PCS Holdings Inc)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of 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: Form of Trust Agreement (Shorewood Packaging Corp), Form of Trust Agreement (Shorewood Packaging Corp)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants, except that voting rights with respect to Trust assets will be exercised by Company, and except that dividend rights with respect to Trust assets will rest with Company.

Appears in 1 contract

Samples: Gleason Corp /De/

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by Trustee at the Trustee direction of the Plan Sponsors or the person designated by the Trusteethereby (a "designee"), and shall in no event be exercisable by or rest with Plan participantsParticipants.

Appears in 1 contract

Samples: Marshall & Ilsley Corp/Wi/

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsExecutive.

Appears in 1 contract

Samples: Agreement (St Joe Co)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with the Plan participantsRecipients, except that voting and dividend rights with respect to Trust assets will be exercised by Trustee as directed by Company; provided, however, that no Plan Recipient shall participate in any decision or exercise any right on behalf of Company with respect to such voting and dividend rights.

Appears in 1 contract

Samples: Compensation and Equity Incentive Plan Trust (Stanley, Inc.)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by Trustee at the Trustee direction of the Company or the person designated by the Trusteethereby (a "designee"), and shall in no event be exercisable by or rest with Plan participantsParticipants.

Appears in 1 contract

Samples: Marshall & Ilsley Corp/Wi/

Investment Authority. (a1) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable exercised by or rest with Plan participants, except that voting rights with respect to Trust assets will be exercised by Company unless an investment adviser has been appointed pursuant to Section 5(c) and voting authority has been delegated to such investment adviser.

Appears in 1 contract

Samples: Ivex Packaging Corp /De/

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by Trustee at the Trustee direction of the Company or the person designated by the Trusteethereby as Administrator ("designee"), and shall in no event be exercisable by or rest with Plan participantsparticipant.

Appears in 1 contract

Samples: Allete Inc

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable exercised by or rest with Plan participants, except that voting rights with respect to Trust assets will be exercised by Company, unless an investment adviser has been appointed pursuant to Section 5(c) and voting authority has been delegated to such investment adviser.

Appears in 1 contract

Samples: Tidewater Inc

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with the Plan participantsParticipant.

Appears in 1 contract

Samples: Trust Agreement (Humana Inc)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Companysecurities. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with the Plan participantsParticipants.

Appears in 1 contract

Samples: Agreement (Finova Group Inc)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants; except that Trustee may but shall not be obligated to consult with participants as to the manner of voting with respect to the assets of the Trust and to vote in accordance with directions received from such participants.

Appears in 1 contract

Samples: Trust Agreement (Remedytemp Inc)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsAgreements' Participant, except that voting rights with respect to the Trust assets will be exercised in accordance with the Agreements, and dividend rights with respect to Trust assets will rest in accordance with the Agreements.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Camner Alfred R)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the CompanyCHS. All rights associated with assets of the Trust shall be exercised by the Trustee of 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: Director Retirement Plan (CHS Inc)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by Trustee at the Trustee direction of the Company, the Plan Sponsors or the person designated by the Trusteethereby (a "designee"), and shall in no event be exercisable by or rest with Plan participantsParticipants.

Appears in 1 contract

Samples: Marshall & Ilsley Corp/Wi/

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Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants, except that voting rights with respect to Trust assets will be exercised by Company.

Appears in 1 contract

Samples: Trust Agreement (Genuine Parts Co)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants, except that voting rights with respect to Trust assets will be exercised by Company and dividend rights with respect to Trust assets will rest with Company.

Appears in 1 contract

Samples: Trust Under (Chart Industries Inc)

Investment Authority. (a) The Trustee may hold or invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of the or a person designated by Trustee. Company shall have the Trusteeright, at any time, and shall from time to time in no event be its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust. This right is exercisable by or rest with Plan participants.Company in a nonfiduciary

Appears in 1 contract

Samples: Trust Agreement (Royal Caribbean Cruises LTD)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by Company (or affiliated corporations within the Companysame commonly controlled group). All rights associated with assets of the Trust shall be exercised by the Trustee of 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 Agreement (Team Inc)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All Subject to paragraphs (b), (c) and (d) of this Section, all rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsEmployee.

Appears in 1 contract

Samples: Trust Agreement (Royal Caribbean Cruises LTD)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the CompanyEmployer. All rights associated with within assets of the Trust shall be exercised by the Trustee of 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: Studio Plus Hotels Inc

Investment Authority. (a) 5.01 The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of the person designated by or the Trustee's delegate, and shall in no event be exercisable by or rest with Plan participantsthe Management Employee, except to the extent any Management Employee is appointed Trustee or delegate of the Trustee.

Appears in 1 contract

Samples: Triton PCS Inc

Investment Authority. (a) The In no event may the Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated associates with assets of the Trust shall be exercised by the Trustee of 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) The Trustee may invest in any and all types of securities (including stock or rights to acquire stock) or and obligations issued by the Company). All rights associated with assets of the Trust including purchase, sale, retention, tender, merger vote, shall be exercised by the Trustee only at the direction of the Company or the person designated by the TrusteeCompany (a "designee"), and shall in no event be exercisable by or rest with Plan participantsParticipants.

Appears in 1 contract

Samples: Picis Inc

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsExecutives, except that voting rights with respect to Trust assets will be exercised by the Company.

Appears in 1 contract

Samples: Trust Agreement (Universal Foods Corp)

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the CompanyEmployer. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, Trustee and shall in no event be exercisable by or rest with Plan participants. Voting rights with respect to Trust assets will be exercised by the Employer.

Appears in 1 contract

Samples: Perkins Family Restaurants Lp

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the CompanyEmployer. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participants, except that voting rights with respect to Trust assets will be exercised by the Employer.

Appears in 1 contract

Samples: Taylor Capital Group Inc

Investment Authority. (a) The Trustee may invest in securities (including stock or rights to acquire stock) or obligations issued by the Company. All rights associated with assets of the Trust shall be exercised by the Trustee of or the person designated by the Trustee, and shall in no event be exercisable by or rest with Plan participantsany of the Noteholders.

Appears in 1 contract

Samples: Grantor Trust Agreement (Atc Healthcare Inc /De/)

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