Common use of Rights as Security Holder Clause in Contracts

Rights as Security Holder. Unless otherwise ordered by the Board of Trustees, any officer shall have full power and authority on behalf of the Trust to (1) exercise (or waive) any and all rights, powers and privileges incident to the ownership of any securities or other obligations which may be owned by the Trust; and (2) attend and to act and to vote, or in the name of the Trust to execute proxies to vote, at any meeting of security holders of any company in which the Trust may hold securities. At any such meeting, any officer shall possess and may exercise (in person or by proxy) any and all rights, powers and privileges incident to the ownership of such securities.

Rights as Security Holder. Unless otherwise ordered by the Board of TrusteesManagers, any officer shall have full power and authority on behalf of the Trust Company to (1) exercise (or waive) any and all rights, powers and privileges incident to the ownership of any securities or other obligations which may be owned by the TrustCompany; and (2) attend and to act and to vote, or in the name of the Trust Company to execute proxies to vote, at any meeting of security holders of any company in which the Trust Company may hold securities. At any such meeting, any officer shall possess and may exercise (in person or by proxy) any and all rights, powers and privileges incident to the ownership of such securities.

Rights as Security Holder. Unless otherwise ordered by the Board of Trustees, any officer shall have full power and authority on behalf of the Trust to (1) exercise (or waive) any and all rights, powers and privileges incident to the ownership of any securities or other obligations which may be owned by the Trust; and (2) attend and to act and to vote, or in the name of the Trust to execute proxies to vote, at any meeting of security holders of any company in which the Trust may hold securities. At any such meeting, any officer shall possess and may exercise (in person or by proxy) any and all rights, powers and privileges incident to the ownership of such ofsuch securities.