Common use of Resignation of Trustee Clause in Contracts

Resignation of Trustee. The Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.

Appears in 4 contracts

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

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Resignation of Trustee. The Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) 60 days after receipt of such notice unless the Company and the Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.

Appears in 4 contracts

Samples: Executive Severance Agreement (SpartanNash Co), Executive Severance Agreement (SpartanNash Co), Executive Severance Agreement (SpartanNash Co)

Resignation of Trustee. The Prior to a Change in Control, the Trustee may resign at any time by written notice to the Company, which . The resignation shall be effective sixty (60) days after receipt of such the notice unless the Company and the Trustee agree otherwise. If Following a Change in Control shall previously have occurredControl, the Trustee shall give such resignation notice, in writing, to may resign only upon the Company and the members appointment of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectsuccessor Trustee.

Appears in 4 contracts

Samples: Executive Severance Agreement (Spartan Stores Inc), Executive Severance Agreement (Spartan Stores Inc), Executive Severance Agreement (Spartan Stores Inc)

Resignation of Trustee. The Trustee may resign at any time by filing its written notice to the Company, which resignation with Grantor and Beneficiaries’ Representative. Such resignation shall be effective take effect sixty (60) days after receipt from the date of such notice unless the Company and Trustee agree otherwise. If filing or upon appointment of a Change in Control successor pursuant to Section 5.3, whichever shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectfirst occur.

Appears in 3 contracts

Samples: Indemnification Trust Agreement (Pinnacle Entertainment Inc), 2009 Officers’ Indemnification Trust Agreement (Microsoft Corp), 2003 Indemnification Trust Agreement (Microsoft Corp)

Resignation of Trustee. The Trustee Any of the Trustees or any successor thereto may resign as Trustee hereunder at any time by upon delivering a written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writingresignation, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than take effect sixty (60) days after the giving delivery thereof to the Secretary of such the Company, unless the Board of Directors accepts shorter notice) when ; provided, however, that no such resignation shall take effectbe effective until a Successor Trustee has assumed the office of Trustee hereunder.

Appears in 2 contracts

Samples: Trust Agreement (Stock Employee Compensation Trust), Trust Agreement (Questech Inc)

Resignation of Trustee. The Trustee may resign at any time by written ---------------------- notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.

Appears in 2 contracts

Samples: Sunoco Inc, Sunoco Inc

Resignation of Trustee. The Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Continuing Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.

Appears in 2 contracts

Samples: Benefits Trust Agreement (Sunoco Inc), Trust Agreement (Sunoco Inc)

Resignation of Trustee. The Trustee may resign at any time by written notice to the CompanyEmployer, which shall be effective sixty (60) calendar days after receipt of such notice unless the Company Employer and the Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.

Appears in 2 contracts

Samples: Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Deferred Compensation Plan (Fremont General Corp)

Resignation of Trustee. The Trustee may resign at any time by delivering its written notice resignation to Grantor and the Company, which Beneficiaries’ Representative. Such resignation shall be effective take effect sixty (60) days after receipt from the date of such notice unless the Company and Trustee agree otherwise. If delivery or upon appointment of a Change in Control successor pursuant to Section 5.3, whichever shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectfirst occur.

Appears in 2 contracts

Samples: Indemnification Agreement (Microsoft Corp), Directors’ Indemnification Trust Agreement (Microsoft Corp)

Resignation of Trustee. The Trustee may resign at any time by upon 90 days prior written notice to the CompanyTrust Administrator, which shall notice may be effective sixty (60) days after receipt of such notice unless waived by the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.Trust Administrator.‌

Appears in 1 contract

Samples: Employment Benefits Trust Agreement

Resignation of Trustee. The Any Trustee may resign at any time by ---------------------- filing with the Company written notice to resignation, which will be effective thirty days after receipt thereof by the Company, which shall upon the prior appointment of a successor Trustee or upon such other date as may be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectmutually agreed upon.

Appears in 1 contract

Samples: Trust Agreement (BNS Co)

Resignation of Trustee. The Any Trustee may resign at any time by filing with the Company his or her written notice to resignation, which will be effective thirty days after receipt thereof by the Company, which shall upon the prior appointment of a successor Trustee or Trustees, or upon such other date as may be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.mutually agreed upon

Appears in 1 contract

Samples: Stock Ownership Plan (Starrett L S Co)

Resignation of Trustee. The Trustee may resign at any time by delivering written notice thereof to the Company; provided, which shall be effective however, that no such resignation will take effect until the earlier of (i) sixty (60) days after receipt from the date of delivery of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and or (ii) the members appointment of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectsuccessor trustee.

Appears in 1 contract

Samples: Trust Agreement (Dell Computer Corp)

Resignation of Trustee. The Trustee may resign at any time by giving thirty (30) days written notice to the Company, which shall be effective sixty . The Board of Directors of the Company may remove the Trustee at any time by giving thirty (6030) days after receipt of such written notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and Trustee. In the members case of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effect.the

Appears in 1 contract

Samples: Trust Agreement (Central Louisiana Electric Co Inc)

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Resignation of Trustee. The Trustee and any successors in trust --------------------------------- may resign at any time as Trustee hereunder by filing with the Company a written notice to resignation, which resignation shall take effect sixty days after the date thereof, unless prior thereto a successor Trustee shall have been appointed. If no successor Trustee is appointed within sixty days after such resignation is received by the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, may apply to the Company and the members a court of the Incumbent Board then serving on the Board competent jurisdiction for appointment of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectsuccessor Trustee.

Appears in 1 contract

Samples: Colgate Palmolive Co

Resignation of Trustee. The Trustee may resign at any time by delivering written notice thereof to the Company; provided, which however, that no such resignation shall be effective take effect until the earlier of (i) sixty (60) days after receipt from the date of delivery of such notice unless to the Company and Trustee agree otherwiseor (ii) the appointment of a successor trustee. If Notwithstanding the foregoing, following a Change in Control shall previously have occurredControl, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such Trustee's resignation shall take effectnot be effective until a successor trustee has been appointed and is ready to act hereunder.

Appears in 1 contract

Samples: Grantor Trust Agreement (Alumax Inc)

Resignation of Trustee. The Trustee may resign at any time by upon seven (7) days written notice delivered to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectCorporation.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Stewart Information Services Corp)

Resignation of Trustee. The Trustee trustee may resign at any time resign by providing to the Grantors and the Board written notice to of the Companyresignation, which shall be effective take effect sixty (60) days after receipt of such notice unless thereafter or upon the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give prior acceptance thereof; provided that such resignation notice, will not be effective until a successor Trustee has been appointed in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectconformity with Section 8 hereof.

Appears in 1 contract

Samples: Trust Agreement (Stephens Group Inc)

Resignation of Trustee. The Trustee may resign as Trustee at ---------------------- any time by upon sixty (60) days' written notice to the CompanyInvestment Committee, which or such other date as the parties may agree. Such resignation shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members as of the Incumbent Board then serving on date the Board of DirectorsInvestment Committee appoints a successor trustee; provided that, specifying a date (not less than if no successor trustee is appointed within sixty (60) days after the giving Investment Committee's receipt of such notice) when such resignation shall take effect.the Trustee's notice of resignation, the Trustee may apply to

Appears in 1 contract

Samples: Trust Agreement (Earthgrains Co /De/)

Resignation of Trustee. The Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless notifying the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such . The resignation shall take effecteffect upon the earlier of the appointment of a successor under Section 6.3 or 60 days from the date the notice is given.

Appears in 1 contract

Samples: Trust Agreement (Andersen Group Inc)

Resignation of Trustee. The Trustee may resign at any time by delivering written notice thereof to the Company; provided, which however, that no such resignation shall be effective take effect until the earlier of (i) sixty (60) days after receipt from the date of delivery of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and or (ii) the members appointment of a successor trustee. Notwithstanding the Incumbent Board then serving on foregoing, following a Change of Control, the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such Trustee's resignation shall take effectnot be effective until a successor trustee has been appointed and is ready to act Hereunder.

Appears in 1 contract

Samples: Trust Agreement (Avon Products Inc)

Resignation of Trustee. The Trustee may resign at any time by delivering to the Employer, at least 30 days before its effective date, a written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effecthis resignation.

Appears in 1 contract

Samples: Uwharrie Capital Corp

Resignation of Trustee. The Trustee may resign at any time without cause by giving at least 60 days' prior written notice to the CompanyManager and each Unitholder, which shall such resignation to be effective sixty (60) days after receipt upon the acceptance of such notice unless the Company and appointment by a successor Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than sixty (60) days after the giving of such notice) when such resignation shall take effectaccordance with Section 11.3.

Appears in 1 contract

Samples: Business Trust Agreement (Kevco Partners Investment Trust)

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