No Reversion to Employer. Except as specifically provided in the Plan, no part of the corpus or income of the Trust shall revert to the Employer or be used for, or diverted to purposes other than for the exclusive benefit of Participants and their Beneficiaries.
Appears in 5 contracts
Samples: Agreement (Floridian Financial Group Inc), Adoption Agreement (Jones Medical Industries Inc /De/), Southbanc Shares Inc
No Reversion to Employer. Except as specifically provided in the Plan, no part of the corpus or income of the Trust shall revert to the Employer or be used for, or diverted to to, purposes other than for the exclusive benefit of Participants and their Beneficiaries.
Appears in 1 contract
No Reversion to Employer. Except as specifically provided in the PlanSection 7.4, no part of the corpus or income of the Trust shall revert to the Employer Employer, or be used for, for or diverted to to, purposes other than for the exclusive benefit of Participants and their Beneficiariesother persons entitled to benefits under the Plans.
Appears in 1 contract
Samples: Agreement
