Payments to Participants and Their Beneficiaries. (a) Prior to a Change in Control, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries at the direction of the Company. Prior to a Change in Control, the entitlement of a Participant or his or her Beneficiaries to benefits under the Arrangements shall be determined by the Company under the Arrangements, and any claim for such benefits shall be considered and reviewed under the procedures set out in the Arrangements.
Appears in 4 contracts
Samples: Compensation Plan Trust (Smart & Final Stores, Inc.), Grantor Trust Agreement (Alcoa Corp), Corporation Grantor Trust Agreement (Alcoa Corp)
Payments to Participants and Their Beneficiaries. (a) Prior to a Change in Control, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries at the direction of the Company. Prior to a Change in Control, the The entitlement of a Participant or his or her Beneficiaries to benefits under the Arrangements shall be determined by the Company or such party or professional administrator as it shall designate under the ArrangementsArrangements as the Company's agent, and any claim for such benefits shall be considered and reviewed under the procedures set out in the Arrangements.
Appears in 3 contracts
Samples: Officer Grantor Trust Agreement (PACIFIC GAS & ELECTRIC Co), Grantor Trust Agreement (PACIFIC GAS & ELECTRIC Co), Grantor Trust Agreement (Rsa Security Inc/De/)
Payments to Participants and Their Beneficiaries. (a) 3.1 Prior to a Change in ControlControl of an Employer, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries of an Employer at the direction of the Company. Prior to a Change in Control, the entitlement of a Participant or his or her Beneficiaries to benefits under the Arrangements shall be determined by the Company under the Arrangements, and any claim for such benefits shall be considered and reviewed under the procedures set out in the Arrangements.
Appears in 2 contracts
Samples: Deferred Stock (Southern Power Co), Trust Agreement (Southern Power Co)
Payments to Participants and Their Beneficiaries. (a) Prior to a Change in Control, the Trustee shall make distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries at the direction of the Company. Prior to a Change in Control, the entitlement of a Participant or his or her Beneficiaries to benefits under the Arrangements Arrangement shall be determined as provided by the Company under the ArrangementsArrangement, and any claim for such benefits shall be considered and reviewed under the procedures set out in the ArrangementsArrangement.
Appears in 1 contract
Payments to Participants and Their Beneficiaries. (a) Prior to a Change in Control, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries at the direction of the Company. Prior to a Change in Control, the entitlement of a Participant or his or her Beneficiaries to benefits under the Arrangements Plans shall be determined by the Plan Administrative Committee (the “Plan Committee”) appointed by the Company under the ArrangementsPlans, and any claim for such benefits shall be considered and reviewed under by the Plan Committee pursuant to the procedures set out in the ArrangementsPlans.
Appears in 1 contract
Samples: Grantor Trust Agreement (SJW Corp)
Payments to Participants and Their Beneficiaries. (a) Prior to a Change in Control, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries at the direction of the Company. Prior to a Change in Control, the entitlement of a Participant or his or her Beneficiaries to benefits under the Arrangements shall be determined by the Committee appointed by the Company under the Arrangements, and any claim for such benefits shall be considered and reviewed under the procedures set out in the Arrangements.
Appears in 1 contract
Payments to Participants and Their Beneficiaries. (a) Prior to a Change in of Control, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries at the direction of the Company. Prior to a Change in Control, the The entitlement of a Participant or his or her Beneficiaries to benefits under the Arrangements shall be determined by the Company or such party or professional administrator as it shall designate under the ArrangementsArrangements as the Company's agent, and any claim for such benefits shall be considered and reviewed under the procedures set out in the Arrangements.
Appears in 1 contract
Payments to Participants and Their Beneficiaries. (a) Prior to a Change in of Control, distributions from the Trust shall be made by the Trustee to Participants and Beneficiaries beneficiaries at the direction of the Company. Prior to a Change in Control, the The entitlement of a Participant or his or her Beneficiaries beneficiaries to benefits under the Arrangements Plans shall be determined by the Company or such party or professional administrator as it shall designate under the ArrangementsPlans as the Company’s agent, and any claim for such benefits shall be considered and reviewed under the procedures set out in the ArrangementsPlans.
Appears in 1 contract
Samples: Ibc Rabbi Trust Agreement (Interstate Bakeries Corp/De/)
