Payments to the Company. Except as provided in Section 3 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 Premium Obligations have been satisfied pursuant to the terms of the Agreements.
Appears in 6 contracts
Samples: Split Dollar Life Insurance Agreement (Matria Healthcare Inc), Split Dollar Life Insurance Agreement (Matria Healthcare Inc), Split Dollar Life Insurance Agreement (Matria Healthcare Inc)
Payments to the Company. Except as provided in Section 3 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 Premium Obligations benefits have been satisfied made to Plan participants and their beneficiaries pursuant to the terms of the AgreementsPlans.
Appears in 3 contracts
Samples: Grantor Trust Agreement (Minerals Technologies Inc), Grantor Trust Agreement (Minerals Technologies Inc), Grantor Trust Agreement (Minerals Technologies Inc)
Payments to the Company. Except as provided in Section 3 hereof, or on account of the Company's direct payments pursuant to Section 2(c), 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 Premium Obligations benefits have been satisfied made to the Participants and their beneficiaries pursuant to the terms of the AgreementsAgreement.
Appears in 3 contracts
Samples: Trust Agreement, Trust Agreement (Merchants Bancshares Inc), Trust Agreement (Merchants Bancshares Inc)
Payments to the Company. Except as provided in Section 3 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 Premium Obligations benefits have been satisfied made to Plan participants and their beneficiaries pursuant to the terms of the AgreementsPlan.
Appears in 3 contracts
Samples: Rabbi Trust Agreement (Veritas DGC Inc), Trust Agreement (American Pacific Corp), Rabbi Trust Agreement (Advanced Technical Products Inc)
Payments to the Company. 4.1 Except as provided in Section 3 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 Premium Obligations benefits have been satisfied made to Plan participants and their beneficiaries pursuant to the terms of the AgreementsPlan.
Appears in 2 contracts
Samples: Compensation Trust Agreement (Microage Inc /De/), Trust Agreement (Microage Inc /De/)
Payments to the Company. Except as provided in Section Article 3 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 payment[s] of Premium Obligations benefits have been satisfied made to Plan participants and their beneficiaries pursuant to the terms of the AgreementsPlan.
Appears in 2 contracts
Samples: Trust Agreement (Bay Networks Inc), Trust Agreement (Accredited Home Lenders Holding Co)
Payments to the Company. Except as provided in Section 3 Sections 3, 8, 9 and 13 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 Premium Obligations have been satisfied pursuant to the terms of the Agreements.the
Appears in 1 contract
Payments to the Company. Except as provided in Section 3 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 Assets before all payment of Premium Obligations benefits have been satisfied made to participants and their beneficiaries pursuant to the terms of the AgreementsPlan.
Appears in 1 contract
Samples: Trust Agreement (Pboc Holdings Inc)
Payments to the Company. Except as provided in Section 3 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 Assets before all payment of Premium Obligations payments required under the Plans have been satisfied pursuant made to the terms of the AgreementsPlans participants and their beneficiaries.
Appears in 1 contract
Samples: Trust Agreement (Met Pro Corp)
Payments to the Company. Except as provided in Section 3 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 Premium Obligations benefits have been satisfied made to Plan participants and their beneficiaries pursuant to the terms of the AgreementsPlan.
Appears in 1 contract
Samples: Deferred Compensation Plan Trust Agreement (Dendrite International Inc)
Payments to the Company. Except as provided in Section 3 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 Premium Obligations benefits have been satisfied made to Plan participants and their beneficiaries pursuant to the terms of the AgreementsPlan.
Appears in 1 contract
Payments to the Company. Except as provided in Section 3 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 Premium Obligations benefits have been satisfied made to Plan participants and their beneficiaries pursuant to the terms of the AgreementsPlans.
Appears in 1 contract
