Retroactive Amendment. Any amendment to this Agreement may take place retroactively or otherwise as the Signatories or the Board, as the case may be, may direct, provided that no amendment shall be made which retroactively increases the duty of care required of a present or former Trustee or retroactively diminishes their right to indemnity under this Agreement.
Appears in 4 contracts
Samples: Joint Trust Agreement, Municipal Retiree Benefit Trust Agreement, Municipal Pension Plan Joint Trust Agreement
Retroactive Amendment. Any amendment to this Agreement may take place retroactively or otherwise as the Signatories Partners or the Board, as the case may be, may direct, provided that no amendment shall be made which retroactively increases the duty of care required of a present or former Trustee or retroactively diminishes their right to indemnity under this Agreement.
Appears in 1 contract
Samples: Joint Trust Agreement
