Common use of Payments to Company Clause in Contracts

Payments to Company. Except as provided in Section 3 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 Executive and his beneficiaries pursuant to the terms of the Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Urs Corp /New/)

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Payments to Company. Except as provided in Section 3 Sections 2(c) and 3, 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 payments of benefits have been made to Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan(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: Trust Agreement (Acushnet Holdings Corp.)

Payments to Company. Except as provided in Section Sections 3 and 12 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 Executive the Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Executive Security Trust Agreement (Semco Energy Inc)

Payments to Company. Except as provided in Section 3 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (Microage Inc /De/)

Payments to Company. Except as provided in Section Sections 2 or 3 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 payments of benefits have been made to Executive the Participants and his their beneficiaries pursuant to the terms of the AgreementPlan. After all payments of benefits have been made to the Participants and their beneficiaries, any remaining Trust assets shall be returned to the Company.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Priority Healthcare Corp)

Payments to Company. Except as provided in Section 3 Sections 4 and 7 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 payments of benefits to be made in the form of Company Stock have been made to Executive Employee and his or her beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (Woodward Governor Co)

Payments to Company. Except as provided in Section Sections 2 and 3 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlans.

Appears in 1 contract

Samples: Restatement of Supplemental Employee Trust Agreement (Northern Trust Corp)

Payments to Company. Except as provided in Section 3 2.3, Article 3, and Section 7.2 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 payments of benefits have been made to Executive and his beneficiaries Participants pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Annual Report

Payments to Company. Except as provided in Section 3 Articles II and III 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 Executive Participants and his beneficiaries their Beneficiaries pursuant to the terms of the AgreementPlan and Contracts. Upon termination of the Trust in accordance with Article XIII, all assets remaining in the Trust shall be returned to Company.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Brinks Co)

Payments to Company. Except as provided in Section 3 Article III 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Rabbi Trust Agreement (TJX Companies Inc /De/)

Payments to Company. Except as provided in Section Sections 2 or 3 hereof, 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 payments of benefits have been made to Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (NYSE Group, Inc.)

Payments to Company. Except as provided in Section 3 Articles II and III 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 payments of benefits have been made to Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Rabbi Trust Agreement (VWR International, Inc.)

Payments to Company. 4.1 Except as provided in Section 3 Article II and Article III 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement for Grantor Trust (Maf Bancorp Inc)

Payments to Company. A. Except as provided in Section 3 III 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 premiums have been made to Executive and his beneficiaries pursuant to on the terms of the Agreement.Policies. V.

Appears in 1 contract

Samples: Trust Agreement (Kentucky Electric Steel Inc /De/)

Payments to Company. Except as provided in Section section 3 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan(s).

Appears in 1 contract

Samples: Trust Agreement (Analog Devices Inc)

Payments to Company. (a) Except as provided in Section 3 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 payments of benefits have been made to Executive the Participant and his beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Supplemental Retirement Trust Agreement (Shiloh Industries Inc)

Payments to Company. Except as provided in Section 3 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 Executive and his beneficiaries pursuant to the terms of the Separation Agreement.

Appears in 1 contract

Samples: Trust Agreement (St Joe Co)

Payments to Company. Except as provided in Section 3 hereofhereof or to reimburse the Company for taxes due on earnings of the Trust (at an agreed upon 30% tax rate), 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlans.

Appears in 1 contract

Samples: Executive Supplemental Retirement Income Agreement (Greater Community Bancorp)

Payments to Company. Except as provided in Section 3 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 payments to or for the benefit of benefits Covered Individuals have been made to Executive and his beneficiaries pursuant to the terms of the Agreements and this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Fairchild Semiconductor International Inc)

Payments to Company. Except as provided in Section 3 hereof, The Company shall have no right or power to direct the Trustee to return to the Company (or any Participating Affiliated Company) or to divert to others any of the Trust assets before all payment payments of benefits have been made to Executive Plan Participants and his beneficiaries their Beneficiaries pursuant to the terms of the AgreementPlan(s). The Trustee shall be entitled to rely conclusively upon the Company’s written certification that all such payments have been made.

Appears in 1 contract

Samples: Trust Agreement (Dte Energy Co)

Payments to Company. Except as provided in Section 3 Articles II and III 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 Executive the Participant and his beneficiaries pursuant to the terms of the AgreementPlan(s).

Appears in 1 contract

Samples: Rabbi Trust Agreement (Visant Corp)

Payments to Company. (a) Except as provided in Sections 3, 13, and in this Section 3 hereof4(b), the Company shall not have no the right or the 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 Executive and his Participants or their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (TCF Financial Corp)

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Payments to Company. Except as provided in Section 3 1(g) and Section 4 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan, as certified to Trustee by the Plan Administrator (prior to a Change in Control) or the Independent Plan Administrator (on or after a Change in Control).

Appears in 1 contract

Samples: Grantor Trust Agreement (Coastcast Corp)

Payments to Company. Except as provided in Section 3 hereof3, 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (Avery Dennison Corporation)

Payments to Company. Except as provided in Section 3 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 Executive Participants and his their beneficiaries pursuant to the terms of the AgreementPlans.

Appears in 1 contract

Samples: Trust Agreement (Dynamics Corp of America)

Payments to Company. Except as provided in Section 3 hereof, 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 Benefits have been made to Executive and his beneficiaries Plan Participants pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (Dollar Thrifty Automotive Group Inc)

Payments to Company. Except as provided in Section Sections 2 and 3 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 Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (Northern Trust Corp)

Payments to Company. Except as provided in the last sentence of Section 2 or in Section 3 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 Executive and anyone other than Employee or his beneficiaries beneficiary(ies) pursuant to the terms of the AgreementAgreement and this Trust Agreement any of the Trust assets.

Appears in 1 contract

Samples: Trust Agreement (Royal Caribbean Cruises LTD)

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

Appears in 1 contract

Samples: Trust Agreement (Public Service Co of New Hampshire)

Payments to Company. Except as provided in Section 3 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 Executive the Participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (Equitable Resources Inc /Pa/)

Payments to Company. Except as provided in Section 3 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 Executive and his beneficiaries pursuant to the terms of the Agreement.of

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Urs Corp /New/)

Payments to Company. Except as provided in Section 3 and 12 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 payments of benefits have been made to Executive Plan participants and his their beneficiaries pursuant to the terms of the AgreementPlan.

Appears in 1 contract

Samples: Trust Agreement (Dynegy Inc.)

Payments to Company. Except as provided in Section 3 hereof, Company shall have no right or power to direct Trustee to return to Company or to divert direct to others any of the Trust trust assets before all payment payments of benefits have been made to Executive and his beneficiaries pursuant to the terms of the Employment Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Gaylord Entertainment Co /De)

Payments to Company. Except as provided in Section 3 Sections III or XII 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 Executive the Benefit Plan participants and his their beneficiaries pursuant to the terms of the AgreementBenefit Plan.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Summit Financial Group Inc)

Payments to Company. Except as provided in Section Sections 2 or 3 hereof, 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 payments of benefits have been made to Executive Participants and his their beneficiaries with respect to a Plan pursuant to the terms of the Agreementsuch Plan.

Appears in 1 contract

Samples: Trust Agreement (NYSE Group, Inc.)

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