TRUST OR CUSTODIAL ACCOUNT. The committee shall have the right at any time to establish a trust, custodial account or other arrangement to hold certificates for Common Stock which is nontransferable upon such terms as it deems appropriate and which are not in conflict with the Plan or this Agreement.
Appears in 8 contracts
Samples: Stock Award Agreement (Leggett & Platt Inc), Stock Award Agreement (Leggett & Platt Inc), Stock Award Agreement (Leggett & Platt Inc)
TRUST OR CUSTODIAL ACCOUNT. The committee Committee shall have the right at any time to establish a trust, custodial account or other arrangement to hold certificates for Common Stock which is nontransferable upon such terms as it deems appropriate and which are not in conflict with the Plan or this Agreement.
Appears in 2 contracts
Samples: Stock Award Agreement (Leggett & Platt Inc), Stock Award Agreement (Leggett & Platt Inc)