Common use of Payments to the Company Clause in Contracts

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants and their beneficiaries pursuant to the terms of the Plans.

Appears in 3 contracts

Samples: Change in Control and Supplemental Benefit Trust Agreement (Codorus Valley Bancorp Inc), Change in Control and Supplemental Benefit Trust Agreement (Codorus Valley Bancorp Inc), Change in Control and Supplemental Benefit Trust Agreement (Codorus Valley Bancorp Inc)

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Payments to the Company. Except as provided in Section 3 or Section 13(e) 4 hereof, after the Trust has become irrevocable, 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 Plan Participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 2 contracts

Samples: Deferred Compensation Plan (One Price Clothing Stores Inc), Deferred Compensation Plan (One Price Clothing Stores Inc)

Payments to the Company. Except as provided in Section 3 or and Section 13(e) 9 hereof, after the Trust has become irrevocable, 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 Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 2 contracts

Samples: Trust Agreement (Chicago Title Corp), Trust Agreement (Chicago Title Corp)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 2 contracts

Samples: Directors Deferred Compensation Trust (First Community Bancorp /Ca/), Trust Agreement (Catskill Financial Corp)

Payments to the Company. Except as provided in Section 1(g), Article 3 or and Article 12 hereof, since the Trust is irrevocable, in accordance with Section 13(e1(b) hereof, after the Trust has become irrevocable, 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 Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan(s).

Appears in 2 contracts

Samples: Trust Agreement (Fremont General Corp), Trust Agreement (Fremont General Corp)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan and the Amendments.

Appears in 1 contract

Samples: Trust Agreement (Aeroflex Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants and their beneficiaries pursuant to the terms of the Plans.

Appears in 1 contract

Samples: Trust Agreement (Interstate Bakeries Corp/De/)

Payments to the Company. Except as provided in Section 3 3(a), 13(b) or Section 13(e13(c) hereof, after because the Trust has become irrevocableis irrevocable as provided in Section 1(b) 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 paid to Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 1 contract

Samples: Contingent Share Award Agreement (Flextronics International LTD)

Payments to the Company. Except as provided in Section 3 or hereof, since the Trust is irrevocable, in accordance with Section 13(e1(b) hereof, after the Trust has become irrevocable, 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 Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 1 contract

Samples: Trust Agreement (Per Se Technologies Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants and their beneficiaries Beneficiaries pursuant to the terms of the PlansArrangements.

Appears in 1 contract

Samples: Grantor Trust Agreement (Arrow Electronics Inc)

Payments to the Company. Except as provided in Section 2 or 3 or Section 13(e) hereof, after the Trust has become irrevocable, irrevocable 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 Plan the Participants and their beneficiaries Beneficiaries pursuant to the terms of the PlansPlan and/or Contracts.

Appears in 1 contract

Samples: Rabbi Trust Agreement (LendingClub Corp)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after After the Trust has become irrevocable, 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 Plan Participants and their beneficiaries Beneficiaries pursuant to the terms of the PlansArrangements, except as provided for in Section 3 hereof.

Appears in 1 contract

Samples: Grantor Trust Agreement (Peoples Bancorp Inc /Ny/)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants Trust Beneficiaries and their beneficiaries all legal fees pursuant to the terms of the PlansEmployment Agreements.

Appears in 1 contract

Samples: Grantor Trust Agreement (Cryo Cell International Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants and their beneficiaries Beneficiaries pursuant to the terms of the PlansArrangements.

Appears in 1 contract

Samples: Grantor Trust Agreement (Horton D R Inc /De/)

Payments to the Company. Except as provided in Section 3 or hereof, since the Trust is irrevocable, in accordance with Section 13(e1(b) hereof, after the Trust has become irrevocable, 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 Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan(s).

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan Trust Agreement (Per Se Technologies Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 and/or of Gross-Up Payments have been made to Plan Participants and their beneficiaries pursuant to the terms of the PlansArrangements and all fees and expenses of the Trust have been paid.

Appears in 1 contract

Samples: Deferred Compensation Trust Agreement (Wolverine Tube Inc)

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Payments to the Company. Except as provided in Section 3 or Section 13(e) Article XI hereof, after the Trust has become irrevocable, 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 Plan Participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 1 contract

Samples: Trust Agreement (Royal Caribbean Cruises LTD)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 payments have been made to Plan Participants the Executives and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 1 contract

Samples: Trust Agreement (Inphynet South Broward Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants and their beneficiaries Beneficiaries pursuant to the terms of the PlansArrangements. After all payments under the Arrangements are made to the Participants and their Beneficiaries, any remaining funds will be returned to the Company.

Appears in 1 contract

Samples: Grantor Trust Agreement (Innotrac Corp)

Payments to the Company. Except as provided in Section Article 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants participants and their beneficiaries pursuant to the terms of the Plans.

Appears in 1 contract

Samples: Nonqualified Deferred Compensation Trust (Nu Skin Enterprises Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 payments have been made to Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 1 contract

Samples: Indenture of Trust (Qmed Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, 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 Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 1 contract

Samples: Trust Agreement (Superior Uniform Group Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after because the Trust has become is irrevocable, 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 Plan Participants the Participant and their his beneficiaries pursuant to the terms of the PlansAgreement.

Appears in 1 contract

Samples: Rabbi Trust Agreement (La Quinta Properties Inc)

Payments to the Company. Except as provided in Section 3 or Section 13(e) hereof, after the Trust has become irrevocable, the Company shall have no right or power to direct the Trustee to return to the Company Company, or to divert to others others, any of the Trust assets before all payment of benefits have been made to Plan Participants participants, as of the initial effective date of the Plan, and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Snyder Oil Corp)

Payments to the Company. Except as provided in Section 3 or hereof, the Trust being irrevocable in accordance with Section 13(e1(b) hereof, after the Trust has become irrevocable, 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 Company on behalf of Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan.

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan (Encad Inc)

Payments to the Company. Except as provided in Section 3 or 1(g), Section 13(e2(c), Section 3, and Section 13 hereof, since the Trust is irrevocable, in accordance with Section 1(b) hereof, after the Trust has become irrevocable, the Company Employer shall have no right or power to direct the Trustee to return to the Company Employer or to divert to others any of the Trust assets before all the payment of all benefits have been made to Plan Participants participants and their beneficiaries pursuant to the terms of the PlansPlan and this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Fremont General Corp)

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