Common use of Investment Guidelines and Directives Clause in Contracts

Investment Guidelines and Directives. The Trustee shall manage, acquire, or dispose of the assets of the Trust in accordance with this Agreement and the directions of the Plan Sponsors or their designee. To the extent permitted by law, the Trustee shall not be liable for any investment made pursuant to the Plan Sponsors' or their designees' direction.

Appears in 3 contracts

Samples: Deferred Compensation Trust Agreement (Marshall & Ilsley Corp/Wi/), Deferred Compensation Trust (Marshall & Ilsley Corp/Wi/), Deferred Compensation Trust Agreement (Marshall & Ilsley Corp/Wi/)

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Investment Guidelines and Directives. The Trustee shall manage, acquire, or dispose of the assets of the Trust in accordance with this Agreement and the directions of the Plan Sponsors Company or their its designee. To the extent permitted by law, the Trustee shall not be liable for any investment made pursuant to the Plan Sponsors' Company's or their designees' its designee's direction.

Appears in 2 contracts

Samples: Trust Agreement (Genuine Parts Co), Director Compensation Trust Agreement (Allete Inc)

Investment Guidelines and Directives. The Trustee shall manage, acquire, or dispose of the assets of the Trust in accordance with this Trust Agreement and the directions of the Plan Sponsors or their designeeAdministrator. To the extent permitted by law, the Trustee shall not be liable for any investment made pursuant to the Plan Sponsors' or their designees' Administrator's direction.

Appears in 1 contract

Samples: Trust Agreement (Bay Networks Inc)

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Investment Guidelines and Directives. The Trustee shall manage, acquire, retain or dispose of the assets of the Trust in accordance with this Agreement and but only as directed by the directions of the Plan Sponsors Company or their its designee. To the extent permitted by law, the Trustee shall not be liable for any investment made pursuant to the Plan Sponsors' Company's or their designees' directionits designee's direction and the Company shall indemnify the Trustee against any expenses or losses that the Trustee may incur in connection with the acquisition, retention or disposition of any Trust assets.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Picis Inc)

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