Common use of Settlement of Accounts of the Trustee Clause in Contracts

Settlement of Accounts of the Trustee. The Trustee shall keep or cause to be kept accurate and detailed accounts of all investments, receipts, disbursements and other transactions hereunder. Such accounts shall be open to inspection and audit at all reasonable times during normal business hours by any person designated by the Company or the Administrator. At least annually after the end of each Plan Year (and within sixty (60) days thereafter), the Trustee shall file with the Company and the Administrator a written account, listing the investments of the Trust Fund and any uninvested cash balance thereof, and setting forth all receipts, disbursements, payments and other transactions respecting the Trust Fund not included in any such previous account. Any account, when approved by the Company and the Administrator, will be binding and conclusive on the Company, the Administrator and all Participants, and the Trustee will thereby be released and discharged from any liability or accountability to the Company, the Administrator and all Participants with respect to all matters set forth therein. Omission by the Company or the Administrator to object in writing to any specific items in any such account within ninety (90) days after its delivery will constitute approval of the account by the Company and the Administrator. No other accounts or reports shall be required to be given to the Company, the Administrator or a Participant except as stated herein or except as otherwise agreed to in writing by the Trustee. The Trustee shall not be required to file, and no Participant or Beneficiary shall have right to compel, an accounting, judicial or otherwise, by the Trustee.

Settlement of Accounts of the Trustee. The Trustee shall keep or cause to be kept accurate and detailed accounts of all investments, receipts, disbursements and other transactions hereunder. Such accounts shall be open to inspection and audit at all reasonable times during normal business hours by any person designated by the Company or the AdministratorCommittee. At least annually after the end of each Plan Year (and within sixty (60) days thereafter)Year, the Trustee shall file with the Company and the Administrator Committee a written account, listing the investments of the Trust Fund and any uninvested cash balance thereof, and setting forth all receipts, disbursements, payments payments, and other transactions respecting the Trust Fund not included in any such previous account. Any account, when approved by the Company and the AdministratorCommittee, will be binding and conclusive on the Company, the Administrator Committee and all Plan Participants, and the Trustee will thereby be released and discharged from any liability or accountability to the Company, the Administrator Committee and all Plan Participants with respect to all matters set forth therein. Omission by the Company or the Administrator Committee to object in writing to any specific items in any such account within ninety sixty (9060) days after its delivery will constitute approval of the account by the Company and the AdministratorCommittee. No other accounts or reports shall be required to be given to the Company, the Administrator Committee or a Plan Participant except as stated herein or except as otherwise agreed to in writing by the Trustee. The Trustee shall not be required to file, and no Plan Participant or Beneficiary beneficiary shall have right to compel, an accounting, judicial or otherwise, by the Trustee.

Settlement of Accounts of the Trustee. The Trustee shall keep or cause to be kept accurate and detailed accounts of all investments, receipts, disbursements and other transactions hereunder. Such accounts shall be open to inspection and audit at all reasonable times during normal business hours by any person designated by the Company or the Administrator. At least annually after the end of each Plan Year (and within sixty (60) days thereafter)Year, the Trustee shall file with the Company and the Administrator a written account, listing the investments of the Trust Fund and any uninvested cash balance thereof, and setting forth all receipts, disbursements, payments and other transactions respecting the Trust Fund not included in any such previous account. Any account, when approved by the Company and the Administrator, will be binding and conclusive on the Company, the Administrator and all Participants, and the Trustee will thereby be released and discharged from any liability or accountability to the Company, the Administrator and all Participants with respect to all matters set forth therein. Omission by the Company or the Administrator to object in writing to any specific items in any such account within ninety sixty (9060) days after its delivery will constitute approval of the account by the Company and the Administrator. No other accounts or reports shall be required to be given to the Company, the Administrator or a Participant except as stated herein or except as otherwise agreed to in writing by the Trustee. The Trustee shall not be required to file, and no Participant or Beneficiary shall have right to compel, an accounting, judicial or otherwise, by the Trustee.

Settlement of Accounts of the Trustee. The Trustee shall keep or cause to be kept accurate and detailed accounts records of all investments, receipts, disbursements and other transactions hereunder. Such accounts records shall be open to inspection and audit at all reasonable times during normal business hours by any person designated by the Company or the AdministratorCompany. At least annually after annually, or upon such more frequent intervals, but not more frequent than monthly, as the end of each Plan Year (and within sixty (60) days thereafter)Company may direct, the Trustee shall file with the Company and the Administrator a written accountstatement, listing the investments of the Trust Fund and any uninvested cash balance thereof, and setting forth all receipts, disbursements, payments and other transactions respecting the Trust Fund not included in any such previous accountstatement. Any accountstatement, when approved by the Company and the AdministratorCompany, will be binding and conclusive on the Company, the Administrator Company and all Participants, its Affiliates; and the Trustee will thereby be released and discharged from any liability or accountability to the Company, the Administrator Company and all Participants its Affiliates with respect to all matters set forth therein. Omission by the Company or the Administrator its Affiliates to object in writing to any specific items in any such statement, which shall be deemed an account stated, within ninety (90) days after its delivery will constitute approval of the account by the Company and the Administratorits Affiliates. No other accounts or reports shall be required to be given to the Company, the Administrator or a Participant except as stated herein or except as otherwise agreed to in writing by the Trustee. The Except as provided above, the Trustee shall not be required to file, and no Participant or Beneficiary shall have right to compel, file an accounting, judicial or otherwise, by the Trustee.

Settlement of Accounts of the Trustee. The Trustee shall keep or cause to be kept accurate and detailed accounts records of all investments, receipts, disbursements and other transactions hereunder. Such accounts records shall be open to inspection and audit at all reasonable times during normal business hours by any person designated by the Company or the AdministratorCompany. At least annually after annually, or upon such more frequent intervals, but not more frequent than monthly, as the end of each Plan Year (and within sixty (60) days thereafter)Company may direct, the Trustee shall file with the Company and the Administrator a written accountstatement, listing the investments of the Trust Fund and any uninvested cash balance thereof, and setting forth all receipts, disbursements, payments and other transactions respecting the Trust Fund not included in any such previous accountstatement. Any accountstatement, when approved by the Company and the AdministratorCompany, will be binding and conclusive on the Company, the Administrator and all Participants, ; and the Trustee will thereby be released and discharged from any liability or accountability to the Company, the Administrator and all Participants Company with respect to all matters set forth therein. Omission by the Company or the Administrator to object in writing to any specific items in any such statement, which shall be deemed an account stated, within ninety (90) days after its delivery will constitute approval of the account by the Company and the AdministratorCompany. No other accounts or reports shall be required to be given to the Company, the Administrator or a Participant except as stated herein or except as otherwise agreed to in writing by the Trustee. The Except as provided above, the Trustee shall not be required to file, and no Participant or Beneficiary shall have right to compel, file an accounting, judicial or otherwise, by the Trustee.

Settlement of Accounts of the Trustee. The Trustee shall keep or cause to be kept accurate and detailed accounts of all investments, receipts, disbursements and other transactions hereunder. Such accounts shall be open to inspection and audit at all reasonable times during normal business hours by any person designated by the Company or the AdministratorCommittee or, following a Change of Control, by any Participant listed on a Payment Schedule (or by a person designated by such Participant). At least annually after the end of each Plan Year (and within sixty (60) days thereafter)annually, the Trustee shall file with the Company and the Administrator a written account, listing the investments of the Trust Fund and any uninvested cash balance thereof, and setting forth all receipts, disbursements, payments payments, and other transactions respecting the Trust Fund not included in any such previous account. Any account, when approved by the Company and the AdministratorCommittee, will be binding and conclusive on the Company, Company and the Administrator and all ParticipantsCommittee, and the Trustee will thereby be released and discharged from any liability or accountability to the Company, Company and the Administrator and all Participants Committee with respect to all matters set forth therein. Omission Failure by the Company or and the Administrator Committee to object in writing to any specific items in any such account within ninety sixty (9060) days after its delivery will constitute approval of the account by the Company and the AdministratorCommittee. No other accounts or reports shall be required to be given to the Company, the Administrator Committee or a Participant except as stated herein or except as otherwise agreed to in writing by the Trustee. The Trustee shall not be required to file, and no Participant or Beneficiary shall have right to compel, file an accounting, judicial or otherwise, by the Trustee.

Settlement of Accounts of the Trustee. The Trustee shall keep or cause to be kept accurate and detailed accounts of all investments, receipts, disbursements and other transactions hereunder. Such accounts shall be open to inspection and audit at all reasonable times during normal business hours by any person designated by the Company or the Administrator. At least annually after the end of each Plan Year (and within sixty (60) days thereafter)Year, the Trustee shall file with the Company and the Administrator a written account, listing the investments of the Trust Fund and any uninvested cash balance thereof, and setting forth all receipts, disbursements, payments payments, and other transactions respecting the Trust Fund not included in any such previous account. Any account, when approved by the Company and the Administrator, will be binding and conclusive on the Company, the Administrator and all Participants, and the Trustee will thereby be released and discharged from any liability or accountability to the Company, the Administrator and all Participants with respect to all matters set forth therein. Omission by the Company or the Administrator to object in writing to any specific items in any such account within ninety sixty (9060) days after its delivery will constitute approval of the account by the Company and the Administrator. No other accounts or reports shall be required to be given to the Company, the Administrator or a Participant except as stated herein or except as otherwise agreed to in writing by the Trustee. The Trustee shall not be required to file, and no Participant or Beneficiary shall have right to compel, an accounting, judicial or otherwise, by the Trustee.