Payments to Company. Except as provided in 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 the Plan participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Samples: Semco Energy Inc
Payments to Company. Except as provided in Sections 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 of benefits have been made to the Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s).
Appears in 1 contract
Samples: Agreement (Analog Devices Inc)
Payments to Company. A. Except as specifically provided in Sections 3 and 12 hereofSection 4, Section 5 or Section 14 or Subsections B or C of this Section 6, or otherwise specifically provided for under this Agreement, 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 Participants and their beneficiaries Beneficiaries pursuant to the terms of the PlanPlans.
Appears in 1 contract
Samples: Non Qualified Pension Trust Agreement (People's United Financial, Inc.)
Payments to Company. Except as provided in Sections 3 Section 1(g) and 12 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 the Plan participants and their beneficiaries pursuant to the terms of the Plan, 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: Agreement (Coastcast Corp)
Payments to Company. (a) Except as provided in Sections 3 and 12 2(a), 3, 4(b) or 5(c) 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 the Plan participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Payments to Company. (a) Except as provided in Sections 3 3, 4(b), 4(c), 4(d), 5(b) and 12 12(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 the Plan participants and their beneficiaries pursuant to the terms of the PlanPlan(s) to the extent such benefits are obligations of Company.
Appears in 1 contract
Samples: Agreement (At&t Inc.)
Payments to Company. Except as provided in Sections 2 or 3 and 12 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 the Plan participants Participants and their beneficiaries with respect to a Plan pursuant to the terms of the such Plan.
Appears in 1 contract
Samples: Agreement (NYSE Group, Inc.)
Payments to Company. (a) Except as provided in Sections 2(g), 3 and 12 12(c) hereof, Company the Employer shall have no right or power to direct the Trustee to return to Company the Employer or to divert to others any of the Trust assets before all payment of benefits have been made to the Plan participants Participants and their beneficiaries pursuant to the terms of the PlanPlan(s) (as certified to the Trustee by the Employer).
Appears in 1 contract
Payments to Company. A. Except as specifically provided in Sections 3 and 12 hereofSection 4, Section 5 or Section 15 or Subsections B or C of this Section 6, or otherwise specifically provided for under this Agreement, 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 Participants and their beneficiaries Beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Samples: Qualified Trust Agreement (People's United Financial, Inc.)
Payments to Company. Except as provided in Sections 2 or 3 and 12 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 the Plan participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Samples: Trust Under (NYSE Group, Inc.)
Payments to Company. Except as provided in Sections 3 2(c) and 12 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 the 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
Payments to Company. (a) Except as provided in Sections 3 3, 4(b), 5(c) and 12 12(c) 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 the Plan participants Participants and their beneficiaries pursuant to the terms of the PlanPlans.
Appears in 1 contract
Samples: Trust Agreement (Noble Energy Inc)
Payments to Company. Except as provided in Sections 2 and 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 the Plan participants and their beneficiaries pursuant to the terms of the PlanPlans.
Appears in 1 contract
Payments to Company. 4.1 Except as provided in Sections 3 Article II and 12 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 the Plan participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Samples: Trust Agreement (Maf Bancorp Inc)
Payments to Company. Except as provided in Sections 1(e) or 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 the Plan participants participant and their his beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Payments to Company. Except as provided in Sections 3 Articles II and 12 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 the Plan participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Payments to Company. Except as provided in Sections 3 4 and 12 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 the Plan participants Employee and their his or her beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Samples: Woodward Governor Co
Payments to Company. Except as provided in Sections 2 and 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 the Plan participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 1 contract
Samples: Northern Trust Corp