Common use of No Trust Created Clause in Contracts

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto shall create, or be construed to create, a trust of any kind, or a fiduciary relationship between the Company and the Executive, his designated beneficiary or any other person.

Appears in 7 contracts

Samples: Death Benefit Plan Agreement (Investors Title Co), Death Benefit Plan Agreement (Investors Title Co), Death Benefit Plan Agreement (Investors Title Co)

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No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or nor be construed to create, a trust of any kind, kind or a fiduciary relationship between the Company Corporation and the Executive, his designated beneficiary Executive or any other person.

Appears in 7 contracts

Samples: Salary Continuation Plan Agreement (Todhunter International Inc), Salary Continuation Plan Agreement (Todhunter International Inc), Salary Continuation Plan Agreement (Todhunter International Inc)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or nor be construed to create, a trust of any kind, kind or a fiduciary relationship between the Company and the Executive, his designated beneficiary, any other beneficiary of the Executive or any other person.

Appears in 6 contracts

Samples: Salary Continuation Agreement (First South Bancorp Inc), Salary Continuation Agreement (First South Bancorp Inc), Salary Continuation Agreement (First South Bancorp Inc)

No Trust Created. Nothing contained in this Agreement, Agreement and no action ---------------- taken pursuant to its the provisions by either party hereto of this Agreement shall create, create or be construed to create, create a trust of any kind, or a fiduciary relationship between the Company Corporation and the Executive, his designated beneficiary or any other person.

Appears in 4 contracts

Samples: Deferred Compensation Agreement (BGF Industries Inc), Deferred Compensation Agreement (BGF Industries Inc), Deferred Compensation Agreement (BGF Industries Inc)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or nor be construed to create, a trust of any kind, kind or a fiduciary relationship between the Company Bank and the Executive, his designated beneficiary, any other beneficiary of the Executive or any other person.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or nor be construed to create, a trust of any kind, kind or a fiduciary relationship between the Company Corporation and the Executive, his designated beneficiary, any other beneficiary of the Executive, or any other person.

Appears in 2 contracts

Samples: Deferred Compensation Agreement (Second Bancorp Inc), Deferred Compensation Agreement (Second Bancorp Inc)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto shall create, or be construed to create, a trust of any kind, or a fiduciary relationship between the Company and the Executive, his designated beneficiary beneficiaries or any other person.

Appears in 2 contracts

Samples: Death Benefit Plan Agreement (Investors Title Co), Death Benefit Plan Agreement (Investors Title Co)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or nor be construed to create, a trust of any kind, or kind of a fiduciary relationship between the Company and the ExecutiveEmployee, his the Employee’s designated beneficiary, any other beneficiary of the Employee or any other person.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (California Micro Devices Corp)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto shall create, or be construed to create, a trust of any kind, or a fiduciary relationship between the Company Corporation and the ExecutiveEmployee, his designated beneficiary beneficiary, other beneficiaries of the Employee or any other person.

Appears in 1 contract

Samples: Salary Continuation Agreement (Stellex Industries Inc)

No Trust Created. 12.1 Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or nor be construed to create, a trust of any kind, kind or a fiduciary relationship between the Company Corporation and the Executive, his designated beneficiary, any other beneficiary of the Executive or any other person.

Appears in 1 contract

Samples: Salary Continuation Plan Agreement (All American Semiconductor Inc)

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No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or nor be construed to create, a trust of any kind, or kind of a fiduciary relationship between the Company Corporation and the ExecutiveEmployee, his the Employee's designated beneficiary, any other beneficiary of the Employee or any other person.

Appears in 1 contract

Samples: Executive Deferred Compensation Plan (Mycogen Corp)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or nor be construed to create, a trust of any kind, kind or a fiduciary relationship between the Company and the Executive, his designated beneficiary beneficiary, or any other person.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Mestek Inc)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions provision by either party hereto shall create, or be construed to create, a trust of any kind, or a fiduciary relationship between the Company and the ExecutiveEmployee, his designated beneficiary beneficiary, other beneficiaries of the Employee or any other person.

Appears in 1 contract

Samples: Deferred Compensation Plan Agreement (Eureka Homestead Bancorp, Inc.)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto hereto, shall create, or crate nor be construed to create, a trust or any kind of any kind, or a fiduciary relationship between the Company Corporation and the ExecutiveEmployee, his the Employee's designated beneficiary, any other beneficiary of the Employee or any other person.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (Burke Flooring Products Inc)

No Trust Created. Nothing contained in this Agreement, and no action taken pursuant to its provisions by either party hereto shall create, or be construed to create, a trust of any kind, or a fiduciary relationship between the Company and the ExecutiveEmployee, his designated beneficiary beneficiary, other beneficiaries of the Employee or any other person.

Appears in 1 contract

Samples: Reinsurance Pooling Agreement (Meridian Insurance Group Inc)

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