TRANSFER OF ASSETS TO SUCCESSOR. (i) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within 60 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit, provided that the Trustee is provided assurance by the Company satisfactory to the Trustee that all fees and expenses reasonably anticipated will be paid.
Appears in 4 contracts
Samples: Deferred Stock Unit Plan Trust Agreement (Per Se Technologies Inc), Deferred Compensation Plan (Fremont General Corp), Fremont General Corp
TRANSFER OF ASSETS TO SUCCESSOR. (i) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed within 60 days after receipt of notice of resignation, removal or transfer, unless the Company Employer extends the time limit, provided that the Trustee is provided assurance by the Company Employer satisfactory to the Trustee that all fees and expenses reasonably anticipated will be paid.
Appears in 2 contracts
Samples: Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Deferred Compensation Plan (Fremont General Corp)
TRANSFER OF ASSETS TO SUCCESSOR. (i) Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor TrusteeTrustee . The transfer shall be completed within 60 days after receipt of notice of resignation, removal or transfer, unless the Company extends the time limit, provided that the Trustee is provided assurance by the Company satisfactory to the Trustee that all fees and expenses reasonably anticipated will be paid.
Appears in 1 contract
Samples: Contingent Share Award Agreement (Flextronics International LTD)