Common use of Resignation and Removal of Trustee Clause in Contracts

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 5 contracts

Samples: Trust Agreement (Ch2m Hill Companies LTD), Trust Agreement (Ch2m Hill Companies LTD), Trust Agreement (Ch2m Hill Companies LTD)

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Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 30 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) days 30 days' notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 30 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 3 contracts

Samples: Deferred Compensation Agreement (Polo Ralph Lauren Corp), Deferred Compensation Agreement (Polo Ralph Lauren Corp), Deferred Compensation Agreement (Polo Ralph Lauren Corp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty forty-five (3045) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty ninety (3090) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All reasonable expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Trust Agreement (NYSE Group, Inc.), Trust Agreement (NYSE Group, Inc.)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) 30 days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days 30 days' notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 30 days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this sectionSection. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Restatement of Supplemental Employee Trust Agreement (Northern Trust Corp), Trust Agreement (Northern Trust Corp)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective no less than thirty (30) days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty fifteen (3015) days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless the Company extends the such time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Rabbi Trust Agreement (Sensient Technologies Corp), Rabbi Trust Agreement (Universal Foods Corp)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 90 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) Prior to a Change of Control, the Trustee may be removed by the Company on thirty (30) 30 days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trusteetrustee, all assets shall subsequently be transferred to the successor Trusteetrustee. The transfer shall be completed within thirty (30) 30 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this section. If In the event of a Change of Control, or if no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed paid by the Company, and if not, from the Trust as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (Time Inc.)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 30 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 30 days written notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 30 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Deferred Compensation Plan Trust (Cna Surety Corp), Deferred Compensation Plan Trust (Cna Surety Corp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Merger Agreement (Di Industries Inc), Deferred Compensation Trust Agreement (Contran Corp)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) days after receipt of such notice unless the Company and Trustee agree otherwise. (b) The Trustee may be removed by the Company on upon thirty (30) days days’ notice or upon shorter notice accepted by if acceptable to the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty ninety (3090) days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 hereof11, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Non Qualified Defined Contribution Supplemental Executive Retirement Plan Trust Agreement (Met Pro Corp), Directors Retirement Plan Trust Agreement (Met Pro Corp)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal removal, or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 12 hereof, by the effective date of or resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Deferred Compensation Plan (One Price Clothing Stores Inc), Deferred Compensation Plan (One Price Clothing Stores Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) 90 days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) 30 days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 90 days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 2 contracts

Samples: Trust Agreement (Commerce Bancshares Inc /Mo/), Trust Agreement (Commerce Bancshares Inc /Mo/)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The To the extent possible, the transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor Trustee shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Deferred Compensation Plan (Macerich Co)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 60 days after following receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 60 days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 90 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee the trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Microage Inc /De/)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty sixty (3060) days after receipt of such notice unless the Company and Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trusteetrustee, all assets shall subsequently be transferred to the successor Trusteetrustee. The transfer shall be completed within thirty ninety (3090) days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Mitsubishi Ufj Financial Group Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty forty-five (3045) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty forty-five (3045) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trusteetrustee, all assets shall subsequently be transferred to the successor Trusteetrustee. The transfer shall be completed within thirty forty-five (3045) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All reasonable expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Dynegy Inc.)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty sixty (3060) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty sixty (3060) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty ninety (3090) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of the resignation or removal under paragraphs (aSection 10(a) or (b) of this sectionhereof. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Bankamerica Corp/De/)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 60 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 30 days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Inphynet South Broward Inc)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) 30 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 30 days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be promptly transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal or transfer, unless the Company extends the such time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this sectionSection. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Executive Retirement Plan Trust (Seaboard Corp /De/)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) no sooner than 30 days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) 30 days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 30 days after receipt of notice of or resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Sherwin Williams Co)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 60 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by Company on thirty (30) days 30 days' notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, resignation or removal or transfer, and the successor Trustee acceptance of appointment unless Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Ipswich Irrevocable Insurance Trust (Ipswich Bancshares Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) 60 days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days 60 days' written notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets of the Trust shall subsequently be transferred to the successor Trustee. The Such transfer shall be completed within thirty (30) 60 days after receipt of written notice of such resignation, removal or transfer, unless Company extends the time limit; provided that Trustee shall not be required to effect such transfer until it has been released as provided in Section 7 hereof. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this section. If no such appointment has been timely made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Lockheed Martin Corp)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty sixty (3060) days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty sixty (3060) days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trusteetrustee, all assets shall subsequently be transferred to the successor Trusteetrustee. The transfer shall be completed within thirty one hundred twenty (30120) days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 12 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this sectionSection. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Consulting and Separation Agreement (Janus Capital Group Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trusteetrustee, all assets shall subsequently be transferred to the successor Trusteetrustee. The transfer shall be completed within thirty ninety (3090) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Miller Herman Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) 20 days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) 10 days notice or upon shorter notice accepted acceptable by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) with 30 days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 II hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) [or (b) )] of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Sage Life Assurance of America Inc)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 30 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 30 days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 30 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Polo Ralph Lauren Corp)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) days after receipt of such notice unless the Company and Trustee agree otherwise. (b) The Trustee may be removed by the Company on upon thirty (30) days days’ notice or upon shorter notice accepted by if acceptable to the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 90 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 hereof11, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Pension Restoration and Supplemental Executive Retirement Plan Trust Agreement (Met Pro Corp)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 30 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by Company on thirty (30) 30 days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Rabbi Trust.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Panther Transport Inc)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 90 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) days 300 days’ notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor the Trustee, all assets shall subsequently be transferred to the successor the Trustee. The transfer shall be completed within thirty (30) 120 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Executive Supplemental Retirement Income Agreement (Greater Community Bancorp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective as agreed to by Trustee and Company but no later than thirty (30) days after receipt of such notice unless Company and Trustee agree otherwisenotice. (b) Trustee may be removed by Company on thirty (30) three days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) fourteen days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Gemstar International Group LTD)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) 30 days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days 30 days' notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal removal, or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Guardsman Products Inc)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) effective, 60 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 60 days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, then the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Suburban Bancshares Inc)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) ten days after receipt of such notice unless the Company and Trustee agree otherwise. (b) The Trustee may be removed at any time by the Company on thirty (30) by providing 30 days written notice to the Trustee, or upon shorter notice accepted if agreed to by Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 7 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Executive Deferred Compensation and Buyout Plan (Russell Corp)

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Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective as agreed to by Trustee and Company but no later than thirty (30) days after receipt of such notice unless Company and Trustee agree otherwisenotice. (b) Trustee may be removed by Company on thirty three (303) days days' notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty fourteen (3014) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Matrix Bancorp Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) 60 days after receipt of such notice unless Company and Trustee agree otherwise. (b) Prior to the occurrence of a "Change in Control Event", the Company may discharge the Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by and replace it with a Qualified Successor Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Briggs & Stratton Corp)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 30 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 30 days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) [or (b) )] of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Cap Rock Energy Corp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty forty-five (3045) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty forty-five (3045) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty ninety (3090) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Boston Scientific Corp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) 7 days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) 30 days written notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 120 days after receipt of written notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Employment Agreement (Team Inc)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 30 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 30 days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed complete within thirty (30) 30 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Chartwell Re Corp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to CompanyEmployer, which shall be effective thirty (30) 60 days after receipt of such notice unless Company Employer and Trustee agree otherwise. (b) Trustee may be removed by Company Employer on thirty (30) days 60 days' notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, resignation removal or transfer, unless Company Employer extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Executive Deferred Compensation Plan Trust (Plexus Corp)

Resignation and Removal of Trustee. (a) a. Trustee may resign at any time by written notice to Company, which shall be effective thirty ninety (3090) days after receipt of such notice unless Company and Trustee agree otherwise. (b) b. Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) c. Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) d. If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (First Litchfield Financial Corp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty sixty (3060) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Prior to a Change of Control, Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty ninety (3090) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Analog Devices Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty sixty (3060) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty sixty (3060) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty sixty (3060) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (CNB Financial Corp /Ny/)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on upon thirty (30) days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section section 10 hereof, by the effective date of the resignation or removal under paragraphs paragraph (a) or (b) of this section. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Employment Contract (Mills Corp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this sectionSection. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Separation Agreement (Sirius Xm Radio Inc.)

Resignation and Removal of Trustee. (a) Trustee may resign as to any individual Company at any time by written notice to such Company, which shall be effective thirty (30) 30 days after receipt of such notice unless the Company and Trustee agree otherwise. (b) Trustee may be removed by any individual Company on thirty (30) 30 days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets of the Plan of the individual Company shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 hereof, 11 hereof by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Dollar Thrifty Automotive Group Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty Thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty Thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty Ten (3010) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Cardinal Realty Services Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.for

Appears in 1 contract

Samples: Trust Agreement (Ch2m Hill Companies LTD)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to CompanyPWG, which shall be effective thirty (30) 60 days after receipt of such notice unless Company PWG and the Trustee agree otherwise. (b) The Trustee may be removed by Company PWG on thirty (30) days 60 days' written notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty (30) 60 days after receipt of notice of or resignation, removal or transfer, unless Company PWG extends the time limit. (d) If if the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph (a) or (b) of this sectionSection. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding described in the previous sentence shall be allowed as administrative expenses of the Trustpaid by PWG.

Appears in 1 contract

Samples: Trust Agreement (Paine Webber Group Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to CompanyEmployer, which shall be effective thirty (30) 30 days after receipt of such notice unless Company Employer and Trustee agree otherwise. (b) Trustee may be removed by Company Employer on thirty (30) 60 days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed com pleted within thirty (30) 120 days after receipt of notice of resignation, removal or transfer, unless Company Employer extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Brady Corp)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within thirty ninety (3090) days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Union Texas Petroleum Holdings Inc)

Resignation and Removal of Trustee. (a) Trustee may resign at any time by written notice to Company, which shall be effective thirty (30) days after receipt of such notice unless Company and Trustee agree otherwise. (b) Trustee may be removed by Company on thirty (30) days days’ notice or upon shorter notice accepted by Trustee. (c) Upon resignation or removal of Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The To the extent possible, the transfer shall be completed within thirty (30) 60 days after receipt of notice of resignation, removal or transfer, unless Company extends the time limit. (d) If Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 11 hereof, by the effective date of resignation or removal under paragraphs paragraph(s) (a) or (b) of this section. If no such appointment has been made, Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Rabbi Trust Agreement (Hubbell Inc)

Resignation and Removal of Trustee. (a) The Trustee may resign at any time by written notice to the Company, which shall be effective thirty (30) 60 days after receipt of such notice unless the Company and the Trustee agree otherwise. (b) The Trustee may be removed by the Company on thirty (30) 60 days notice or upon shorter notice accepted by the Trustee. (c) Upon resignation or removal of the Trustee and appointment of a successor Trusteetrustee, all assets shall subsequently be transferred to the successor Trusteetrustee. The transfer shall be completed within thirty (30) 120 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit. (d) If the Trustee resigns or is removed, a successor shall be appointed, in accordance with Section 10 12 hereof, by the effective date of resignation or removal under paragraphs (a) or (b) of this sectionSection. If no such appointment has been made, the Trustee may apply to a court of competent jurisdiction for appointment of a successor or for instructions. All expenses of the Trustee in connection with the proceeding shall be allowed as administrative expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (WEB.COM Group, Inc.)

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