Common use of Trust Beneficiaries Clause in Contracts

Trust Beneficiaries. Each Executive is an intended ------------------- beneficiary ("Trust Beneficiary") under this Trust, and as a Trust Beneficiary 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. The term Trust Beneficiary shall, to the extent provided in the Agreements respecting a deceased Executive, also mean the legal representative of the estate of such deceased Executive and the surviving spouse of the deceased Executive or beneficiary designated by such Executive in accordance with the terms of such Agreements.

Appears in 6 contracts

Samples: Trust Agreement (Champion International Corp), Trust Agreement (Champion International Corp), Trust Agreement (Champion International Corp)

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