Common use of Investment Authority Clause in Contracts

Investment Authority. 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 or the person designated by the Trustee, and shall in no event be exercisable by or rest with Award participants. The 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. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity.

Investment Authority. 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 or the person designated by the Trustee, and shall in no event be exercisable by or rest with Award Plan participants. The 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. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity.

Investment Authority. 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 or the person designated by the Trustee, and shall in no event be exercisable by or rest with Award Plan participants. The Company shall have the right at anytime, retain authority and from time to time in its sole discretion, to substitute assets of equal fair market value for any asset held by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityinstruct Trustee regarding investments.

Investment Authority. 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 or the person designated by the Trustee's delegate, and shall in no event be exercisable by or rest with Award participants. The Company shall have the right at anytimeQualified Participant, and from time except to time in its sole discretion, to substitute assets the extent any Qualified Participant is appointed Trustee or delegate of equal fair market value for any asset held by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityTrustee.

Investment Authority. 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 or the person designated by the Trustee, and shall in no event be exercisable by or rest with Award Plan participants. The 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. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacity.

Investment Authority. The (a) 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 or the person designated by the Trustee, and shall in no event be exercisable by or rest with Award participants. The Company shall have any of 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. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityNoteholders.

Investment Authority. 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 or the person designated by the Trustee, and shall in no event be exercisable by or rest with Award participants. The 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. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityParticipant.

Investment Authority. The Trustee shall be responsible for investing and reinvesting the assets of the Trust. 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 deminimus 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 Award participants. The 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. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityExecutive.

Investment Authority. The Trustee may not invest in securities (including stock or rights to acquire stock) or obligations issued by the CompanyCOMPANY, but may invest in bank accounts and certificates of deposit and repurchase agreements insured by the Federal Deposit Insurance Corporation. All rights associated with assets of the Trust TRUST shall be exercised by the Trustee TRUSTEE or the a person designated by the TrusteeTRUSTEE, and shall in no event shall any such rights be exercisable by or rest with Award participants. The Company shall have the right at anytimeEXECUTIVES, and from time except that voting rights with respect to time in its sole discretion, to substitute trust assets of equal fair market value for any asset held will be exercised by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityCOMPANY.

Investment Authority. The (a) 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 or the person designated by the Trustee, and shall in no event be exercisable by or rest with Award Plan participants. The Company ; except that Trustee may but shall have not be obligated to consult with participants as to the right at anytime, and from time manner of voting with respect to time in its sole discretion, to substitute the assets of equal fair market value for any asset held by the Trust. This right is exercisable by the Company Trust and to vote in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityaccordance with directions received from such participants.

Investment Authority. 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 or the person designated by the Trustee's delegate, and shall in no event be exercisable by or rest with Award participants. The Company shall have the right at anytimeManagement Employee, and from time except to time in its sole discretion, to substitute assets the extent any Management Employee is appointed Trustee or delegate of equal fair market value for any asset held by the Trust. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityTrustee.

Investment Authority. 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 or the person designated by the Trustee, and shall in no event be exercisable by or rest with Award participants. The 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. This right is exercisable by the Company in a nonfiduciary capacity without the approval or consent of any person in a fiduciary capacityExecutive.