Payments to Sponsor. Except as provided under this Agreement, the Sponsor shall have no right to retain or divert to others any of the Trust assets before all payment of benefits have been made to Participants pursuant to the terms of the Plan.
Appears in 6 contracts
Samples: Trust Agreement (Barnes Group Inc), Master Trust Agreement (Zions Bancorporation /Ut/), Trust Agreement (Shaw Group Inc)
Payments to Sponsor. Except as provided under this AgreementSection 13, the Sponsor shall have no right to retain or divert to others any of the Trust assets before all payment of benefits have been made to Participants the participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 6 contracts
Samples: Trust Agreement (Lawter International Inc), Trust Agreement (Crowley Maritime Corp), Adoption Agreement (Fair Isaac & Company Inc)
Payments to Sponsor. Except as provided under this Agreement, the Sponsor shall have no right to retain or divert to others any of the Trust assets before all payment of benefits have been made to the Participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 3 contracts
Samples: Trust Agreement (Cree Inc), Trust Agreement (Dj Orthopedics Inc), Trust Agreement (Safety Insurance Group Inc)
Payments to Sponsor. Except as provided under this AgreementSection 13, the Sponsor shall have no right to retain or divert to others any of the Trust assets before all payment of benefits have been made to the Participants and their beneficiaries pursuant to the terms of the Plan.
Appears in 3 contracts
Samples: Trust Agreement (Globalsantafe Corp), Trust Agreement (Analog Devices Inc), Trust Agreement (Advo Inc)
Payments to Sponsor. Except as provided under this Agreement, the Sponsor shall have no right to retain or divert to others any of the Trust assets before all payment of benefits have been made to Participants pursuant to the terms of the Plan. The Sponsor may direct the Trustee in writing to pay the Sponsor any amount in excess of the amount needed to pay all of the benefits accrued under the Plan as of the date of such payment.
Appears in 1 contract
Samples: Trust Agreement (Convergys Corp)
Payments to Sponsor. i. Except as provided under this AgreementTrust Agreement or unless the entire Trust is revoked, the Sponsor shall have no right to retain or divert to others any of the Trust assets before all payment payments of benefits have been made to Participants pursuant to the terms of the Plan.
Appears in 1 contract
Payments to Sponsor. Except as provided under this the Agreement, the Sponsor shall have no right to retain or divert to others any of the Trust assets before all payment of benefits benefit payments have been made to the Participants and their beneficiaries pursuant to the terms of the Plan. The Sponsor may direct the Trustee in writing to pay the Sponsor any amount in excess of the amount needed to pay all of the benefits accrued under the Plan as of the date of such payment.
Appears in 1 contract
