Common use of Protection of Designees Clause in Contracts

Protection of Designees. To the extent that any designee of the Trustee is performing a function of the Trustee under this Trust Agreement, the designee shall have the benefit of all of the applicable limitations on the scope of the Trustee's duties and liabilities, all applicable rights of indemnification granted hereunder to the Trustee and all other applicable protections of any nature afforded to the Trustee.

Appears in 7 contracts

Samples: Trust Agreement (Ethyl Corp), Trust Agreement (Southern Co), Trust Agreement (Pennzoil Quaker State Co)

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Protection of Designees. To the extent that any designee of the Trustee is performing a function of the Trustee under this Trust Agreement, the designee shall have the benefit of all of the applicable limitations on the scope of the Trustee's ’s duties and liabilities, all applicable rights of indemnification granted hereunder to the Trustee and all other applicable protections of any nature afforded to the TrusteeTrustee provided the designation is pursuant to this Trust Agreement and consistent with the requirements of ERISA.

Appears in 2 contracts

Samples: Trust Agreement (Unitil Corp), Trust Agreement (Unitil Corp)

Protection of Designees. To the extent that any designee of the Trustee is performing a function of the Trustee under this Trust Agreement, the designee shall have the benefit of all of the applicable limitations on the scope of the Trustee's duties and liabilities, all applicable rights of indemnification granted hereunder to the Trustee and all other applicable protections of any nature afforded to the Trustee, except as provided under ERISA.

Appears in 1 contract

Samples: Trust Agreement (Morrison Health Care Inc)

Protection of Designees. To the extent that any designee of the Trustee is performing a function of the Trustee under this Trust Agreement, the designee shall have the benefit of all of the applicable limitations on the scope of the Trustee's duties and liabilities, all applicable rights of indemnification granted hereunder to the Trustee and all any other applicable protections of any nature afforded to the Trustee.

Appears in 1 contract

Samples: Trust Agreement (Family Dollar Stores Inc)

Protection of Designees. To the extent that any designee of the Trustee is acting on behalf of the Trustee or otherwise performing a function of the Trustee under this Trust Agreement, the designee shall have the benefit of all of the applicable limitations on the scope of the Trustee's ’s duties and liabilities, all applicable rights of indemnification granted hereunder to the Trustee and all other applicable protections of any nature afforded to the Trustee.

Appears in 1 contract

Samples: Trust Agreement (Mohegan Tribal Gaming Authority)

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Protection of Designees. To the extent that any designee of the Trustee is performing a function of the Trustee under this Trust Agreement, the designee shall have the benefit of all of the applicable limitations on the scope of the Trustee's ’s duties and liabilities, all applicable rights of indemnification granted hereunder to the Trustee and all other applicable protections of any nature afforded to the TrusteeTrustee provided the designation is pursuant to this Trust Agreement.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Logan's Roadhouse of Kansas, Inc.)

Protection of Designees. To the extent that any designee of the Trustee is performing a function of the Trustee under this Trust Agreement, the Trustee shall continue to be responsible for the acts of such designee and the designee shall have the benefit of all of the applicable limitations on the scope of the Trustee's duties and liabilities, all applicable rights of indemnification granted hereunder to the Trustee and all other applicable protections of any nature afforded to the Trustee.

Appears in 1 contract

Samples: Trust Agreement (Alltel Corp)

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