Common use of Payments to Company Clause in Contracts

Payments to Company. (a) Except as provided in Sections 3 and in this Section 4 (b), because the Trust is irrevocable, in accordance with Section 1(b) hereof, the Company shall not have 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 Participants or their beneficiaries pursuant to the terms of the Plan.

Appears in 5 contracts

Samples: Deferred Compensation Plan (Weingarten Realty Investors /Tx/), Trust Agreement (Novastar Financial Inc), Supplemental Executive Retirement Plan (Weingarten Realty Investors /Tx/)

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Payments to Company. (a) Except as provided in Sections 3 and in this Section 4 (b4(b), because the Trust is irrevocable, in accordance with Section 1(b) hereof, the Company shall not have 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 Participants or their beneficiaries pursuant to the terms of the Plan.

Appears in 4 contracts

Samples: Deferred Compensation Plan (Greenbrier Companies Inc), Agreement (Greenbrier Companies Inc), Trust Under Agreement (WEB.COM Group, Inc.)

Payments to Company. (a) Except as provided in Sections 3 and in this Section 4 (b) or this Section 4(c), because the Trust is irrevocable, in accordance with Section 1(b) hereof, the Company shall not have 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 Participants Participant or their his beneficiaries pursuant to the terms of the PlanAgreement.

Appears in 2 contracts

Samples: Separation Agreement (Janus Capital Group Inc), Consulting and Separation Agreement (Janus Capital Group Inc)

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Payments to Company. (ac) Except as provided in Sections 3 and in this Section 4 (b4(b), because the Trust is irrevocable, in accordance with Section 1(b) hereof, the Company shall not have 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 Participants or their beneficiaries pursuant to the terms of the Plan.

Appears in 2 contracts

Samples: Deferred Compensation Plan (Greenbrier Companies Inc), Agreement (Greenbrier Companies Inc)

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