Limitation upon Company’s Ability to Direct Payments. After the Trust has become irrevocable, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payments of benefits have been made to Plan Participants and their beneficiaries pursuant to the terms of the Plans.
Appears in 6 contracts
Samples: Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Directors’ Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Directors’ Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)
Limitation upon Company’s Ability to Direct Payments. After the Trust ---------------------------------------------------- has become irrevocable, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payments of benefits have been made to Plan Participants and their beneficiaries pursuant to the terms of the Plans.
Appears in 1 contract
Samples: Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)
Limitation upon Company’s Ability to Direct Payments. After the Trust has ---------------------------------------------------- become irrevocable, the Company shall have no right or power to direct the Trustee to return to the Company or to divert to others any of the Trust assets before all payments of benefits have been made to Plan Participants and their beneficiaries pursuant to the terms of the Plans.
Appears in 1 contract
Samples: Directors' Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)
