Trust Plan Sample Clauses

Trust Plan it refers to the “Trust Loan Contract for the Assembled Funds Trust Plan between JIC Trust Co., Ltd and Yongquan Series (Kingold Jewelry)”, legally concluded between the consignor and the consignee, for the consignor to entrust the funds or other properties legally owned and able to be freely disposed thereby to Party A on the basis of the sufficient trust to Party A as the consignee and to allow the consignee to mange, utilize and dispose the funds or other properties in his/her own name according to the consignor’s intentions.
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Trust Plan. APPENDIX PENSION PLAN LOCAL MEMBERS The Teamster Master Employees Pension Plan is designed to supplement other forms of pension an employee may have. The Company together with other companies a collective agreement that is the same or substantially the same as the Master and Cartage Agreement on the one Part, and the Teamsters Local Union No. on the other Part, have together established a pension plan dated January to be known and described as: Teamster Master Employees Pension Plan. The Plan continue through the life of the collective agreement. The Plan will operate under the supervision and guidance of the Companies represented on the one Part, and the Union on the other Part, through the Trustees appointed by the any and the Union. The plan and the activities of the Trustees will be governed by a rust Agreement, and shall include representation by the propane gas industry western freight companies and the cartage segment Section Eligibility
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Trust Plan. The Teamster Master Employees Pension Plan is designed to supplement other forms of pension an employee may have. The Company together with other companies signing a collective agreement that is the same or substantially the same as the Master Freight and Cartage Agreement on the one Part, and the Teamsters Local Union No. on the other Part, have together established a pension plan dated January to be known and described as: Teamster Master Employees Pension Plan. The Plan will continue through the life of the collective agreement. The plan will operate under the supervision and guidance of the companies represented on the one Part, and the Union on the other Part, through the Trustees appointed by the Company and the Union. The plan and the activities of the Trustees will be governed by a trust agreement, and shall include representation by the propane gas industry western freight companies and the cartage segment (3).
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Trust Plan. The Teamsters’ National Pension Plan is designed to supplement other forms of pension an employee may have.
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Trust Plan. The Trustor authorizes the Trustee to incorporate his Trust Plan as Addendum #1 hereto this Agreement.
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Trust Plan. The employee shall continue to be entitled to on the basis of one and one half percent (1 of the reduced earnings. Effective November the above wording shall not longer be in effect and shall be replaced with the following:
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Trust Plan a) The Teamsters (Local 213) Pension Plan is established by a Trust Agreement dated May 1, 1971 to provide retirement income to Union members employed with participating companies.
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Trust Plan 
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Related to Trust Plan

  • Trust Fund The Buyer is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans.

  • Trust Funds The Owner hereby gives power to the Agent to deposit all receipts collected for the Owner, less any sums properly deducted or disbursed, in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a trust account separate from the Agent’s personal accounts. The Agent shall not be liable in the event of a bankruptcy or failure of a financial institution. All funds managed under this section must be done so in accordance with applicable law.

  • Trust Agreement The Trust Agreement has been duly authorized, executed and delivered by the Company, and is a valid and binding agreement of the Company, enforceable against the Company, in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

  • Trust Assets To the extent permitted by applicable Laws and in accordance with the Serviced Corporate Trust Contracts for Serviced Appointments, Xxxxx Bank hereby appoints the Bank Assets Purchaser and Xxxxx Trust Company hereby appoints the Delaware Trust Assets Purchaser (or the Bank Assets Purchaser, if required by Section 3.3) as custodial agent to receive, hold, deposit, invest and transfer Trust Assets related to the Serviced Appointments of the Xxxxx Bank and Xxxxx Trust Company, respectively. The Trust Assets shall be transferred after the Closing in accordance with the terms of the applicable Serviced Corporate Trust Contract. Each Purchaser represents and warrants to the applicable Seller that the accounts to which the Trust Assets will be transferred satisfy all eligible accounts requirements under the terms of the applicable Serviced Corporate Trust Contract and applicable Law.

  • ESOP As soon as practicable and in no event later than five (5) Business Days before Closing, 3rd Fed Bank shall adopt an amendment to the ESOP (the “ESOP Amendment”) consistent with the ESOP plan document at Section 8.2(c) as in effect as of the date of this Agreement providing that, upon the Closing and subject to the consummation of the Merger, (i) the ESOP shall be terminated as of the Closing Date, (ii) no new participants shall be admitted to the ESOP after the Closing, (iii) all ESOP participants’ accounts shall be fully vested and 100% non-forfeitable on and after the Closing, and (iv) to the extent feasible, but in no case prior to the Determination Date, the Trustee of the ESOP shall sell prior to the Effective Time a number of shares of TF Financial Common Stock held in the ESOP suspense account to the extent necessary to obtain cash proceeds at least equal to the remaining ESOP indebtedness, and to the extent that such per share sale price for such ESOP shares is less than the per share Cash Consideration for such shares, then TF Financial shall make an additional cash contribution to the ESOP so that the ESOP Trust shall not receive less than the per share Cash Consideration for such shares sold prior to the Effective Time; (v) in the event the cash sales proceeds from the TF Financial Common Stock in the ESOP suspense account are less than the then outstanding ESOP indebtedness, TF Financial or 3rd Fed Bank shall make an additional cash contribution to the ESOP so that the suspense account has sufficient cash to repay the then outstanding ESOP indebtedness; (vi) the ESOP Trustee shall use the cash proceeds from the sale of such TF Financial Common Stock and any cash contribution required by clause (v) above to repay in full all outstanding ESOP indebtedness, and (vii) the ESOP shall be terminated in accordance with Section 8.2(c) of the ESOP plan document as in effect as of the date of the Agreement, including that all employer contributions, dividends on company stock and earnings on participant account assets paid to the ESOP Trust or earned by the ESOP Trust since the most recent valuation date shall be allocated to the accounts of all ESOP participants as of the date of termination of the ESOP as if it were the next valuation date in accordance with the provisions of the ESOP; and all assets realized by the ESOP Trust with respect to any company stock remaining as collateral on any acquisitions loans which shall be exchanged in the Merger after repayment of all exempt loans shall have been made shall be allocated as ESOP Trust earnings to the accounts of all participants pro rata based on the total value of assets allocated to each participant’s account as a percentage of the total value of all assets allocated to all participant accounts held in the ESOP Trust as of the date of termination of the ESOP. 3rd Fed Bank shall continue to accrue and make contributions to the ESOP for the plan year ending as of the date of termination of the ESOP in accordance with the share acquisition loan amortization schedule in effect as of the date of this Agreement, including a pro rata contribution for any partial contribution period ending as of the termination date of the ESOP to the extent necessary for the ESOP Trustee to meets its obligations under the loan amortization schedule.

  • Administration of the Trust Fund Section 4.01

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