Common use of Investment Powers of the Trustee Clause in Contracts

Investment Powers of the Trustee. Subject to the Grantor’s rights pursuant to Section 4.6 to direct investment of the Trust Fund, the Trustee shall have those powers provided under Washington law with respect to any property at any time held by it and constituting part of the Trust Fund.

Appears in 2 contracts

Samples: Indemnification Trust Agreement (Microsoft Corp), Indemnification Trust Agreement (Microsoft Corp)

AutoNDA by SimpleDocs

Investment Powers of the Trustee. Subject to the Grantor’s rights pursuant to Section 4.6 to direct investment of the Trust Fund, the Trustee shall have those powers provided under Washington law with respect to any property at any time held by it and constituting part of the Trust Fund.

Appears in 2 contracts

Samples: Indemnification Agreement (Microsoft Corp), Directors’ Indemnification Trust Agreement (Microsoft Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!