Common use of Management of Trust Clause in Contracts

Management of Trust. The Trustee shall have complete authority and discretion with respect to the management, control and investment of the Trust, and the Trustee shall invest all assets of the Trust, except those attributable to cash dividends paid with respect to Plan Shares not held in the Plan Share Reserve, in Common Shares to the fullest extent practicable, and except to the extent that the Trustee determines that the holding of monies in cash or cash equivalents is necessary to meet the obligations of the Trust. The Trustee shall have the power to do all things and execute such instruments as may be deemed necessary or proper, including the following powers:

Appears in 6 contracts

Samples: Plan and Trust Agreement (Market Financial Corp), Columbia Financial of Kentucky Inc, Southern Community Bancshares Inc

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Management of Trust. The Trustee shall have complete authority and discretion with respect to the management, control and investment of the Trust, and the Trustee shall invest all assets of the Trust, except those attributable to cash dividends or returned capital paid with respect to Plan Shares not held in the Plan Share Reserve, in Common Shares to the fullest extent practicable, and except to the extent that the Trustee determines that the holding of monies in cash or cash equivalents is necessary to meet the obligations of the Trust. The Trustee shall have the power to do all things and execute such instruments as may be deemed necessary or properproper with respect to the duties of the Trustee hereunder, including the following powers:

Appears in 3 contracts

Samples: Ohio State Financial Services Inc, Ohio State Financial Services Inc, Ohio State Financial Services Inc

Management of Trust. The Trustee shall have complete authority and discretion with respect to the management, control and investment of the TrustTrust assets, and except that the Trustee shall invest all assets of the Trust, except those attributable to cash dividends or returned capital paid with respect to Plan Shares not held in the Plan Share Reservesubject to outstanding Awards and earnings thereon, in Common Shares to the fullest extent practicablepracticable and permitted pursuant to Section 4.02 of this Agreement, and except to the extent that the Trustee determines that the holding of monies in cash or cash equivalents is necessary to meet the obligations of the Trust. The Subject to the foregoing and except as specifically set forth elsewhere in this Agreement, the Trustee shall have the power to do all things and execute such instruments as may be deemed necessary or proper, including the following powers:

Appears in 1 contract

Samples: United Community Financial Corp

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Management of Trust. The Trustee shall have complete authority and discretion with respect to the management, control and investment of the Trust, and the Trustee shall invest all assets of the Trust, except those attributable to cash dividends paid with respect to Plan Shares not held in the Plan Share Reserve, in Common Shares to the fullest extent practicable, and except to the extent that the Trustee determines that the holding of monies in cash or cash equivalents is necessary to meet the obligations of the Trust. The Trustee shall have the power to do all things and execute such instruments as may be deemed necessary or properproper with respect to the duties of the Trustee hereunder, including the following powers:

Appears in 1 contract

Samples: FFD Financial Corp/Oh

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