Common use of Payments to Company Clause in Contracts

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 24 contracts

Samples: Trust Agreement (Analysts International Corp), Trust Agreement (Matrix Bancorp Inc), Trust Agreement (Analysts International Corp)

AutoNDA by SimpleDocs

Payments to Company. Except as provided in Section 3 hereof, 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 payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 8 contracts

Samples: Trust Agreement (Wisconsin Power & Light Co), Separation Agreement (Railamerica Inc /De), Trust Agreement (Wisconsin Power & Light Co)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 4 contracts

Samples: Non Qualified Trust Agreement (Wisconsin Energy Corp), Deferred Compensation Trust Agreement (TCF Financial Corp), Deferred Compensation Trust Agreement (Contran Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 4 contracts

Samples: Grantor Trust Agreement (Globalsantafe Corp), Grantor Trust Agreement (Globalsantafe Corp), Trust Agreement (Union Texas Petroleum Holdings Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 4 contracts

Samples: Rabbi Trust Agreement (MSC Software Corp), Trust Agreement (Chart Industries Inc), Retirement Income and Deferred Compensation Plan Trust (Philipp Brothers Chemicals Inc)

Payments to Company. Except as provided in Section 3 hereof, 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 payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 4 contracts

Samples: Adoption Agreement (Ligand Pharmaceuticals Inc), Adoption Agreement (Washington Trust Bancorp Inc), Trust Agreement (Cap Rock Energy Corp)

Payments to Company. Except as provided in Section Sections 2(c) and 3 hereof, after the Trust has become irrevocable, 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 payment payments of benefits have been made to Plan participants the Executives and their beneficiaries pursuant to the terms of the PlanDeferred Compensation Agreements.

Appears in 4 contracts

Samples: Deferred Compensation Agreement (Polo Ralph Lauren Corp), Deferred Compensation Agreement (Polo Ralph Lauren Corp), Deferred Compensation Agreement (Polo Ralph Lauren Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan. The Trustee shall be entitled to rely on the written representations of the Company and all Plan Beneficiaries that all such payments have been made. The Company shall be responsible for securing the written representations of all Plan Beneficiaries and providing such representations to the Trustee.

Appears in 3 contracts

Samples: Deferred Compensation Waiver and Insurance Benefit Agreement (Snap on Inc), Deferred Compensation Waiver and Insurance Benefit Agreement (Snap on Inc), Deferred Compensation Waiver and Insurance Benefit Agreement (Snap on Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payment[s] of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 3 contracts

Samples: Trust Agreement (Zions Bancorporation, National Association /Ut/), Trust Agreement (Zions Bancorporation /Ut/), Trust Agreement (Zions Bancorporation /Ut/)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 3 contracts

Samples: Trust Agreement (Miller Herman Inc), Trust Agreement (Boston Scientific Corp), Merger Agreement (Di Industries Inc)

Payments to Company. Except as provided in Section 3 hereof, 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 payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 3 contracts

Samples: Compensation Trust Amendment (Nu Skin Enterprises Inc), Compensation Trust Amendment (Nu Skin Enterprises Inc), Compensation Trust Amendment (Nu Skin Enterprises Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, 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 payment of benefits have been made to Plan participants the Participants and their beneficiaries pursuant to the terms of the PlanPlan (as certified to the Trustee by the Company).

Appears in 3 contracts

Samples: Rabbi Trust Agreement (Dole Food Co Inc), Rabbi Trust Agreement (Dole Food Co Inc), Rabbi Trust Agreement (Oil States International Inc)

Payments to Company. Except as provided in Section Sections 2(3) and 3 hereof, after the Trust has become irrevocable, 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 payment payments of benefits have been made to Plan participants the Executive and their beneficiaries his beneficiary pursuant to the terms of the PlanDeferred Compensation Agreement.

Appears in 3 contracts

Samples: Deferred Compensation Agreement (Harris & Harris Group Inc /Ny/), Deferred Compensation Agreement (Harris & Harris Group Inc /Ny/), Trust Agreement (Harris & Harris Group Inc /Ny/)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 3 contracts

Samples: Trust Agreement (Fresh Choice Inc), Retirement Benefit Award (Healthdyne Technologies Inc), Trust Agreement (Globalsantafe Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Plan participants Participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 3 contracts

Samples: Trust Agreement (Homeside International Inc), Trust Agreement (Homeside International Inc), Trust Agreement (Homeside Lending Inc)

Payments to Company. Except as provided in Section 3 hereof, after since the Trust has become irrevocableis irrevocable in accordance with Section 1(b) hereof, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 3 contracts

Samples: Merrill Lynch Nonqualified Deferred Compensation Plan Adoption Agreement (Packaging Dynamics Corp), Nonqualified Deferred Compensation Plan Trust Agreement (Bei Medical Systems Co Inc /De/), Trust Agreement (Petro Stopping Centers L P)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Amended and Restated Plan participants and their beneficiaries pursuant to the terms of the Amended and Restated Plan.

Appears in 2 contracts

Samples: Trust Agreement (National Convenience Stores Inc /De/), Trust Agreement (National Convenience Stores Inc /De/)

Payments to Company. Except as provided in Sections 2(a), 3 or 5(c) hereof, or as provided in Section 3 hereof7 of the Plan, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 2 contracts

Samples: Deferred Compensation Trust Agreement (Contran Corp), Deferred Compensation Trust Agreement (Contran Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payment[s] of accrued benefits (present and future) have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 2 contracts

Samples: Trust Agreement (Belden CDT Inc.), Trust Agreement (Belden CDT Inc.)

Payments to Company. Except as provided in Section Sections 1.7 and 3 hereof, after the Trust has become irrevocable, 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 payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 2 contracts

Samples: Grantor Trust Agreement (Alliant Energy Corp), Grantor Trust for Deferred Compensation Agreements (Alliant Energy Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 2 contracts

Samples: Trust Agreement (Briggs & Stratton Corp), Trust Agreement (Hannaford Brothers Co)

Payments to Company. Except as provided in Section 3 III hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to the Plan participants Participant and their his beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Employment Agreement (Shiloh Industries Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, the Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 1 contract

Samples: Rabbi Trust Agreement (Robinson Nugent Inc)

Payments to Company. Except as provided in Section Sections 2(c) and 3 hereof, after the Trust has become irrevocable, 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 payment payments of benefits have been made to Plan participants the Executives and their beneficiaries pursuant to the terms of the PlanEmployment Agreements.

Appears in 1 contract

Samples: Trust Agreement (Chartwell Re Corp)

Payments to Company. 4.1 Except as provided in Section Article 3 hereof, 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 payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Hologic Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the assets of the Trust assets before (a) all payment payments of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan and (b) all expenses of the Trust have been paid. At any time prior to the Trust becoming irrevocable, Company shall have the right or power to direct Trustee to return to Company any of the assets of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Shorewood Packaging Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants the Participant and their his beneficiaries pursuant to the terms of the PlanAgreement.

Appears in 1 contract

Samples: Employment Agreement (Team Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, the Company shall have no right or power to direct Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Settlement Plan and Rabbi Trust Agreement (Tele Communications Inc /Co/)

Payments to Company. Except as provided in Section 3 hereof and except for reimbursement of tax remittances as set forth in Section 2 hereof, after the Trust has become irrevocable, Company shall will have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have has been made to the Plan participants participant and their his beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Rabbi Trust Agreement (LNB Bancorp Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Plan or pursuant to the terms of a Trust has become irrevocableOption, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment transfers and distributions of benefits the Trust Options (and proceeds thereon) have been made to Plan participants and their beneficiaries Participants pursuant to the terms of the PlanTransfer Schedule.

Appears in 1 contract

Samples: Stock Option Trust Agreement (Homco Puerto Rico Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have has been made to Plan participants and their beneficiaries pursuant to the terms of the each Plan.

Appears in 1 contract

Samples: Split Dollar Life Insurance Agreement (Riggs National Corp)

Payments to Company. Except as provided in Section 3 hereofabove, 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 payment payments of accrued benefits (present and future) have been made to all Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 1 contract

Samples: Trust Agreement (Belden Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants Participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Lafarge North America Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Plan participants Participants and their beneficiaries spouses pursuant to the terms of the PlanAgreements.

Appears in 1 contract

Samples: Trust Agreement (Tenet Healthcare Corp)

Payments to Company. Except as provided in Section 3 or Section 5(c) hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 1 contract

Samples: Deferred Compensation Trust Agreement (Contran Corp)

Payments to Company. Except as provided in Section 3 hereof, after since the Trust has become irrevocableis irrevocable in accordance with Section 1(b) hereof, 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 payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Barringer Technologies Inc)

Payments to Company. Except as provided in Section 1(g)(2) and Section 3 hereof, after since the Trust has become is irrevocable, in accordance with Section l(b) hereof, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 1 contract

Samples: Trust Agreement (Tidewater Inc)

Payments to Company. Except as provided in Section Article 3 hereof, after upon the Trust has become Trust's becoming --------- irrevocable, the Company shall have no right or power to direct the Trustee to return to Company the Company, or to divert to others others, any of the Trust assets before all payment required distributions of benefits have been made to Plan participants and Management Employees (or their beneficiaries beneficiaries) pursuant to the terms of any written agreements between the PlanCompany and the Management Employees.

Appears in 1 contract

Samples: Common Stock Trust Agreement (Triton PCS Inc)

Payments to Company. Except as provided in Section 3 2(c) hereof, 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 payment of benefits have been made to Plan participants Agreements' Participants and their his beneficiaries pursuant to the terms of the PlanAgreements.

Appears in 1 contract

Samples: Company Employment Agreement (Camner Alfred R)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, the Company shall have no right or power to direct Trustee to return to the Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants Employees and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 1 contract

Samples: Deferred Compensation Trust Agreement (Monroe Bancorp)

Payments to Company. 4.1 Except as provided in Section 3 III hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to the Plan participants Participant and their his beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (Shiloh Industries Inc)

Payments to Company. Except as provided in Section Sections 1(f), 3 and 11 hereof, 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 payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 1 contract

Samples: Trust Agreement (Smart & Final Inc/De)

AutoNDA by SimpleDocs

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.Trust before (a) all payments

Appears in 1 contract

Samples: Trust Agreement (Shorewood Packaging Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Rockwell International Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, the Company shall have no right or power to direct Trustee to return to the Company or to divert to others any of the Trust assets before all payment distributions of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Lexington Realty Trust)

Payments to Company. Except as provided in Section section 3 hereof, 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 payment of benefits have been made to Plan participants the Participant and their his beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Employment Contract (Mills Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become became irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants the Participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 1 contract

Samples: Trust Agreement (LTV Corp)

Payments to Company. Except as provided in Section 3 hereofabove, 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 payment payments of accrued benefits (present and f u t u re) have been made to all Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 1 contract

Samples: Trust Agreement (Belden Inc)

Payments to Company. (a) Except as provided in Section 3 hereof, or in the event of excess trust funding (defined herein), after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Saks Inc)

Payments to Company. Except as provided in Section 3 hereofsection 3, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s). Trustee shall be entitled to rely conclusively upon Company's written certification that all such payments have been made.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Wisconsin Energy Corp)

Payments to Company. Except as provided in Section 2 or Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 1 contract

Samples: Trust Agreement (Lockheed Martin Corp)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payment[s] of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Lsi Industries Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants Participants and their beneficiaries pursuant to the terms of the PlanPlans. Trustee shall be entitled to rely conclusively upon Company's written certification that all such payments have been made.

Appears in 1 contract

Samples: Master Rabbi Trust Agreement (Harris Corp /De/)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.Plan(s). SECTION 5

Appears in 1 contract

Samples: Guaranty of Payment (Astec Industries Inc)

Payments to Company. Except as provided in Section Article 3 hereof, after upon the Trust has become Trust's becoming --------- irrevocable, the Company shall have no right or power to direct the Trustee to return to Company the Company, or to divert to others others, any of the Trust assets before all payment required distributions of benefits have been made to Plan participants and Qualified Participants (or their beneficiaries beneficiaries) pursuant to the terms of any written agreements between the PlanCompany and the Qualified Participants.

Appears in 1 contract

Samples: Common Stock Trust Agreement (Triton Management Co Inc)

Payments to Company. Except as provided in Section 3 hereofhereof or the terms of the Plan, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment distributions of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Deferred Compensation Trust Agreement (Quanex Corp)

Payments to Company. Except as provided in Section Sections 2(d) and 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Pinnacle West Capital Corp)

Payments to Company. Except as provided in Section Article 3 hereof, after upon the Trust has become Trust's becoming irrevocable, the Company shall have no right or power to direct the Trustee to return to Company the Company, or to divert to others others, any of the Trust assets before all payment required distributions of benefits have been made to Plan participants and Qualified Participants (or their beneficiaries beneficiaries) pursuant to the terms of any written agreements between the PlanCompany and the Qualified Participants.

Appears in 1 contract

Samples: Common Stock Trust Agreement (Triton PCS Holdings Inc)

Payments to Company. Except as provided in Section 3 hereof, 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 payment of benefits have been made to Plan participants the Employee and their his beneficiaries pursuant to the terms of the PlanDeferred Compensation Agreement.

Appears in 1 contract

Samples: Trust Agreement (Suburban Bancshares Inc)

Payments to Company. Except as provided in Section 3 hereof, after since the Trust has become irrevocable, is irrevocable in accordance with Section 1(b) hereof. Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.assets

Appears in 1 contract

Samples: Trust Agreement (Ivex Packaging Corp /De/)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payment[s] of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 1 contract

Samples: Rabbi Trust Agreement (Hubbell Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payments of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.; provided, however, that in the event the Trust holds Excess Assets, Company, at its option, may direct Trustee in writing to return to Company, or to divert to others, any of the Excess Assets of the Trust. For this purpose, β€œ

Appears in 1 contract

Samples: Deferred Compensation Plan (Walker & Dunlop, Inc.)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to the Plan participants Participant covered hereby and their his beneficiaries pursuant to the terms of the PlanPlans.

Appears in 1 contract

Samples: Trust Agreement (Humana Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s). Any Trust assets held in separate bookkeeping account for a participant or beneficiary under the terms of a separate Plan may be returned to Company only after all payment of benefits under the terms of that separate Plan have been made.

Appears in 1 contract

Samples: Deferred Compensation Trust Agreement (Brady W H Co)

Payments to Company. Except as provided in Section 3 hereof, after since the Trust has become is irrevocable, in accordance with Section l(b) hereof, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).

Appears in 1 contract

Samples: Trust Agreement (Maxxim Medical Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payment[s] of benefits have been made to Plan participants participant and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Mastercard Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become Become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to the Plan participants Participant and their his beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Golden Enterprises Inc)

Payments to Company. 4.1 Except as provided in Section 3 hereof3, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Employment Agreement (Samaritan Pharmaceuticals Inc)

Payments to Company. Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment payment(s) of benefits have been made to Plan participants the Participant and their his beneficiaries pursuant to the terms of the Plan.

Appears in 1 contract

Samples: Trust Agreement (Riviera Holdings Corp)

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