Common use of Trust Mergers Clause in Contracts

Trust Mergers. The Employers and the Regional Council agree that the health and welfare trusts covering xxxxxxxxx xx- ployees in Western and Central Washington (Car- penters Health and Security Trust of Western Wash- ington), eastern Washington, Idaho, Montana, and Wyoming (Washington-Idaho Carpenters Health and Security Fund) and Oregon and Southwest Wash- ington (Oregon-Washington Carpenters-Employers Health and Welfare Trust) should be merged . To that end, the Employers and the Regional Council agree to amend the Trust Agreement for xxx Xxxxxxxxxx Health and Security Trust of Western Washington to authorize the Board of Trustees to merge the Trust with the other two trusts . Subject only to the Trustees’ determination that a merger would violate fiduciary or other obligations of ERISA, the Employers and the Regional Council authorize and request the Trustees, in their fiduciary capacity, to negotiate and implement the merger mak- ing all reasonable efforts to implement the merger by 12/31/2008 .

Trust Mergers. The Employers and the Regional Council agree that the health and welfare trusts covering xxxxxxxxx xx- ployees in Western and Central Washington (Car- penters Health and Security Trust of Western Wash- ington), eastern Washington, Idaho, Montana, and Wyoming (Washington-Idaho Carpenters Health and Security Fund) and Oregon and Southwest Wash- ington (Oregon-Washington Carpenters-Employers Health and Welfare Trust) should be merged merged. To that end, the Employers and the Regional Council agree to amend the Trust Agreement for xxx Xxxxxxxxxx Health and Security Trust of Western Washington to authorize the Board of Trustees to merge the Trust with the other two trusts trusts. Subject only to the Trustees’ determination that a merger would violate fiduciary or other obligations of ERISA, the Employers and the Regional Council authorize and request the Trustees, in their fiduciary capacity, to negotiate and implement the merger mak- ing all reasonable efforts to implement the merger by 12/31/2008 12/31/2008.

Trust Mergers. The Employers and the Regional Council agree that the health and welfare trusts covering xxxxxxxxx xx- ployees employees in Western and Central Washington (Car- penters Carpenters Health and Security Trust of Western Wash- ingtonWashington), eastern Washington, Idaho, Montana, and Wyoming (Washington-Washington- Idaho Carpenters Health and Security Fund) and Oregon and Southwest Wash- ington Washington (Oregon-Oregon- Washington Carpenters-Employers Health and Welfare Trust) should be merged merged. To that end, the Employers and the Regional Council agree to amend the Trust Agreement for xxx Xxxxxxxxxx Health and Security Trust of Western Washington to authorize the Board of Trustees to merge the Trust with the other two trusts trusts. Subject only to the Trustees’ determination that a merger would violate fiduciary or other obligations of ERISA, the Employers and the Regional Council authorize and request the Trustees, in their fiduciary capacity, to negotiate and implement the merger mak- ing making all reasonable efforts to implement the merger by 12/31/2008 12/31/2008.