Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, or by reason of any breach, which arises from any Participant's exercise or non-exercise of rights under this Section 5 over the assets in the Participant's accounts.
Appears in 7 contracts
Samples: Master Trust Agreement (Quanex Corp), Master Trust Agreement (Quanex Corp), Master Trust Agreement (Quanex Corp)
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, or by reason of any breach, expense which arises from any Participant's exercise or non-exercise of rights under this Section 5 8 over the assets in the Participant's accounts.
Appears in 2 contracts
Samples: Master Trust Agreement (Fortune Brands Inc), Master Trust Agreement (Fortune Brands Inc)
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, or by reason of any breach, which arises from any ParticipantMember's exercise or non-exercise nonexercise of rights under this Section 5 6 over the assets in the ParticipantMember's accountsAccount.
Appears in 1 contract
Samples: Trust Agreement (Genentech Inc)
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, or by reason of any breach, which arises from any Participantparticipant's exercise or non-exercise of rights under this Section 5 4 over the assets in the Participantparticipant's accounts.. (ii) The Trustee shall not be liable for any loss, or by reason of any breach, which arises from the Administrative Committee's exercise or non-exercise of rights under this Section 4, unless it was clear on their face that the actions to be taken under the Administrative Committee's directions were prohibited by the
Appears in 1 contract
Samples: Trust Agreement (Quanex Corp)
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, loss or by reason of any breach, expense which arises from any Participant's exercise or non-exercise of rights under this Section 5 4 over the assets in the Participant's accounts.
Appears in 1 contract
Samples: Trust Agreement (Omnicom Group Inc)
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, loss or by reason of any breachexpense, which arises from any Participantparticipant's exercise or non-exercise of rights under this Section 5 4 over the assets in the Participantparticipant's accounts.
Appears in 1 contract
Samples: Trust Agreement (Sybase Inc)
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, loss or by reason of any breach, expense which arises from any Participantparticipant's exercise or non-exercise of rights under this Section 5 4 over the assets in the Participantparticipant's accounts.
Appears in 1 contract
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, or by reason of any breach, which arises from any Participantparticipant's exercise or non-exercise of rights under this Section 5 4 over the assets in the Participantparticipant's accounts, except arising from the Trustee's negligence or bad faith.
Appears in 1 contract
Samples: Trust Agreement (Oge Energy Corp)
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, or by reason of any breach, which arises from any Participant's exercise or non-exercise of rights under this Section 5 4 over the assets in the Participant's accounts.
Appears in 1 contract
Reliance of Trustee on Directions. (i) The Trustee shall not be liable for any loss, or by reason of any breach, which arises from any Participant's exercise or non-exercise of rights under this Section 5 Agreement over the assets in the Participant's accounts.
Appears in 1 contract
Samples: Trust Agreement (FMC Corp)