Common use of Reimbursement of Costs & Expenses Clause in Contracts

Reimbursement of Costs & Expenses. The Trustee shall be reimbursed by --------------------------------- the Company for its reasonable expenses incurred in connection with the performance of its duties hereunder (including, without limitation, legal fees and expenses under Section 10.5 hereof) and shall be paid such fees for the performance of such duties as may be agreed upon in writing from time to time between the Company and the Trustee. After a Change in Control has occurred, the fees of the Trustee shall be determined by the application of the current rates then charged by the Trustee for the provision of the types of investment and Trustee services contemplated in this Trust Agreement to Trusts of a similar character. The Trustee's entitlement to reimbursement hereunder shall not be affected by the resignation or removal of the Trustee or the termination of the Trust.

Appears in 2 contracts

Samples: Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Directors' Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)

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Reimbursement of Costs & Expenses. The Trustee shall be reimbursed by --------------------------------- the Company for its reasonable expenses incurred in connection with the performance of its duties hereunder (including, without limitation, legal fees and expenses under Section 10.5 hereof) and shall be paid such fees for the performance of such duties as may be agreed upon in writing from time to time between the Company and the Trustee. After a Change in Control of the Company has occurred, the fees of the Trustee shall be determined by the application of the current rates then charged by the Trustee for the provision of the types of investment and Trustee services contemplated in this Trust Agreement to Trusts of a similar character. The Trustee's entitlement to reimbursement hereunder shall not be affected by the resignation or removal of the Trustee or the termination of the Trust.

Appears in 2 contracts

Samples: Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Directors' Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)

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