Common use of Powers Pending Final Distribution Clause in Contracts

Powers Pending Final Distribution. Until final distribution of the assets of the Trust, the Plan Administrator and Trustee shall continue to have all the powers provided under this Plan as are necessary for the orderly administration, liquidation and distribution of the assets of the Trust.

Appears in 5 contracts

Sources: 401(k) Plan (Floridian Financial Group Inc), Defined Contribution Plan and Trust (Capstone Pharmacy Services Inc), Adoption Agreement (Southbanc Shares Inc)

Powers Pending Final Distribution. Until final distribution of the assets of the Trust, the Plan Administrator and Trustee shall continue to have all the powers provided under this Plan as are necessary for the orderly administration, liquidation liquidation, and distribution of the assets of the Trust.

Appears in 1 contract

Sources: Adoption Agreement (Eureka Financial Corp.)

Powers Pending Final Distribution. Until final distribution of the assets of the Trust, the Plan Administrator and Trustee shall continue to have all the powers provided under this the Plan as are necessary for the orderly administration, liquidation and distribution of the assets of the Trust.

Appears in 1 contract

Sources: Trust Agreement (Southwest Community Bancorp)