Trust Beneficiaries. The Executive is the intended beneficiary under this Trust, and shall be entitled to enforce all terms and provisions hereof with the same force and effect as if such person had been a party hereto. Following the death of the Executive, his rights as the intended beneficiary under this Trust may be exercised by the person or entity which, pursuant to the terms of the Employment Agreement, would be entitled to receive the amounts that would otherwise have been distributed to the Executive hereunder.
Appears in 6 contracts
Samples: Trust Agreement (TBC Corp), Executive Employment Agreement (TBC Corp), Executive Employment Agreement (TBC Corp)
Trust Beneficiaries. The Each Executive is the an intended beneficiary under this Trustthe trust established hereunder, and shall be entitled to enforce all terms and provisions hereof with the same force and effect as if such person had been a party hereto. Following the death of the Executive, his rights as the intended beneficiary under this Trust may be exercised by the person or entity which, pursuant to the terms of the Employment Agreement, would be entitled to receive the amounts that would otherwise have been distributed to the Executive hereunder.
Appears in 3 contracts
Samples: Benefit Trust Agreement (Wolverine World Wide Inc /De/), Benefit Trust Agreement (Wolverine World Wide Inc /De/), Benefit Trust Agreement (Wolverine World Wide Inc /De/)
Trust Beneficiaries. The Each Executive is the an intended beneficiary under this Trust, Trust and shall be entitled to enforce all terms and provisions hereof with the same force and effect as if such person he or she had been a party hereto. Following the death of the Executive, his rights as the intended beneficiary under this Trust may be exercised by the person or entity which, pursuant to the terms of the Employment Agreement, would be entitled to receive the amounts that would otherwise have been distributed to the Executive hereunder.
Appears in 2 contracts
Samples: Trust Agreement (Boise Cascade Corp), Trust Agreement (Boise Cascade Corp)
Trust Beneficiaries. The Executive is the intended beneficiary under this Trust, and shall be entitled to enforce all terms and provisions hereof with the same force and effect as if such person had been a party hereto. Following the death of the Executive, his rights as the intended beneficiary under this Trust may be exercised by the person or entity which, pursuant to the terms of the Employment Agreement, would be entitled to receive the amounts that would otherwise have been distributed to the Executive hereunder.
Appears in 1 contract
