Terms of Rabbi Trust Sample Clauses

Terms of Rabbi Trust. The assets of the rabbi trust shall be subject to the claims of general creditors in the event of a bankruptcy or insolvency under such terms that are specifically defined by the provisions of the rabbi trust and under a required procedure for notifying the trustee of any such bankruptcy or insolvency.
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Terms of Rabbi Trust. Distribution. The instrument governing the Rabbi Trust (hereinafter, the "Trust Instrument"), to the extent reasonably necessary to assure that SAIC's obligations with respect to the Inducement Stock Award will continue to be treated as "unfunded" for purposes of the Employee Retirement Income Security Act ("ERISA") and the Internal Revenue Code of 1986, as amended (the "Code"), shall provide that upon insolvency of SAIC the assets of the Rabbi Trust will be subject to the claims of SAIC's general creditors. The Trust Instrument shall provide that in other respects the assets of the Rabbi Trust will be maintained for the exclusive benefit of Officer and his beneficiaries, and will otherwise be subject to all fiduciary and other requirements of applicable state trust law. The Trust Instrument shall provide for the distribution of the Inducement Stock Award in accordance with its terms and conditions.
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Terms of Rabbi Trust. Distribution. The instrument governing the Rabbi Trust (hereinafter, the "Trust Instrument"), to the extent reasonably necessary to assure that SAIC's obligations with respect to the Inducement Stock Award will continue to be treated as "unfunded" for purposes of the Employee Retirement Income Security Act ("ERISA") and the Internal Revenue Code of 1986, as amended (the "Code"), shall provide that upon insolvency of SAIC the assets of the Rabbi Trust will be subject to the claims of SAIC's general creditors. The Trust Instrument shall provide that in other respects the assets of the Rabbi Trust attributable to the Inducement Stock Award will be maintained for the exclusive benefit of Officer and his beneficiaries, and will otherwise be subject to all fiduciary and other requirements of applicable state trust law. The Trust Instrument shall provide for the distribution of the Inducement Stock Award in accordance with its terms and conditions.
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Related to Terms of Rabbi Trust

  • Terms of Plan This Agreement is entered into pursuant to the Plan (a copy of which has been delivered to the Grantee). This Agreement is subject to all of the terms and provisions of the Plan, which are incorporated into this Agreement by reference, and the actions taken by the Committee pursuant to the Plan. In the event of a conflict between this Agreement and the Plan, the provisions of the Plan shall govern. All determinations by the Committee shall be in its sole discretion and shall be binding on the Company and the Grantee.

  • Terms of Repayment Principal of and interest on this Note shall be paid by the Borrower as follows:

  • Terms of Plan Govern Each Award made hereunder is made pursuant to the Norfolk Southern Corporation Long‑Term Incentive Plan (Plan), all the terms and conditions of which are deemed to be incorporated in this Agreement and which forms a part of this Agreement. The Participant agrees to be bound by all the terms and provisions of the Plan and by all determinations of the Committee thereunder. Capitalized terms used in this Agreement but not defined herein shall have the same meanings as in the Plan.

  • STANDARD TERMS AND CONDITIONS OF TRUST Subject to the provisions of Part II hereof, all the provisions contained in the Standard Terms and Conditions of Trust are herein incorporated by reference in their entirety and shall be deemed to be a part of this instrument as fully and to the same extent as though said provisions had been set forth in full in this instrument.

  • APPENDIX H Fund Level Voluntary Limit on Other Expenses* For purposes of this Appendix:

  • Terms of Sale The Purchase Price for all Partnership Interests purchased pursuant to Section 8.5 or Section 8.6 shall be paid at the Closing in immediately available United States funds; provided, however:

  • Copy of Plan By the execution of this Agreement, the Optionee acknowledges receipt of a copy of the Plan.

  • REMOTE ACCESS SERVICES ADDENDUM The Custodian and each Fund agree to be bound by the terms of the Remote Access Services Addendum hereto.

  • Incorporation of Standard Terms and Conditions of Trust Subject to the provisions of Section 2 and 3 of this Trust Indenture and Agreement set forth below, all of the provisions of the Standard Terms are incorporated by reference in their entirety and shall be deemed to be a part of this instrument as fully to all intents and purposes as though said provisions had been set forth in full in this instrument. Unless otherwise stated, section references shall refer to sections in the Standard Terms.

  • Incorporation of Separation Agreement Provisions The following provisions of the Separation Agreement are hereby incorporated herein by reference, and unless otherwise expressly specified herein, such provisions shall apply as if fully set forth herein (references in this Section 10.6 to an “Article” or “Section” shall mean Articles or Sections of the Separation Agreement, and references in the material incorporated herein by reference shall be references to the Separation Agreement): Article V (relating to Exchange of Information; Confidentiality); Article VI (relating to Additional Covenants and Other Matters); Article VII (relating to Mutual Releases; Indemnification); Article VIII (relating to Termination); Article IX (relating to Dispute Resolution); and Article X (relating to Miscellaneous).

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