Common use of Rabbi Trust Clause in Contracts

Rabbi Trust. This Agreement is intended to be unfunded for the purposes of the Internal Revenue Code and the Employee Retirement Income Security Act of 1974, as amended. However, nothing in this Agreement shall preclude the Company from establishing a trust (of the type commonly known as a “rabbi trust”) to assist it in meeting its obligations under this Agreement. If a rabbi trust was established with respect to the Officer’s Prior Agreements, this Agreement shall be substituted for the Prior Agreements for all purposes of such trust, and any reference in such trust to the Prior Agreements shall be deemed to be a reference to this Agreement.

Appears in 4 contracts

Samples: Supplemental Retirement Plan Agreement (Alliant Energy Corp), Supplemental Retirement Plan Agreement (Interstate Power & Light Co), Supplemental Retirement Plan Agreement (Alliant Energy Corp)

AutoNDA by SimpleDocs

Rabbi Trust. This Agreement is intended to be unfunded for the purposes of the Internal Revenue Code and the Employee Retirement Income Security Act of 1974, as amended. However, nothing in this Agreement shall preclude the Company from establishing a trust (of the type commonly known as a “rabbi trust”) to assist it in meeting its obligations under this Agreement. If a rabbi trust was established with respect to the Officer’s Prior AgreementsAgreement, this Agreement shall be substituted for the Prior Agreements Agreement for all purposes of such trust, and any reference in such trust to the Prior Agreements Agreement shall be deemed to be a reference to this Agreement.

Appears in 3 contracts

Samples: Supplemental Retirement Plan Agreement (Alliant Energy Corp), Supplemental Retirement Plan Agreement (Alliant Energy Corp), Supplemental Retirement Plan Agreement (Alliant Energy Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!