Trustee Exclusive Owner. All assets held by the Trustee, whether in the Trust Fund or Segregated Funds, shall be owned exclusively by the Trustee and no Participant or Beneficiary shall have any individual ownership thereof. Participants and their Beneficiaries shall share in the assets of the Trust, its net earnings, profits and losses, only as provided in this Plan.
Appears in 3 contracts
Samples: Adoption Agreement (Jones Medical Industries Inc /De/), Capstone Pharmacy Services Inc, Southbanc Shares Inc
Trustee Exclusive Owner. All assets held by the Trustee, whether in the Trust Fund or Segregated Funds, shall be owned exclusively by the Trustee and no Participant or Beneficiary shall have any individual ownership thereofownership. Participants and their Beneficiaries shall share in the assets of the Trust, its net earnings, profits profits, and losses, only as provided in this Plan.
Appears in 1 contract
Samples: Southwest Community Bancorp
Trustee Exclusive Owner. All assets held by the Trustee, whether in the Trust Fund or Segregated Funds, Trustee shall be owned exclusively by the Trustee and no Participant or Beneficiary shall have any individual ownership thereofownership. Participants and their Beneficiaries shall share in the assets of the Trust, its net earnings, profits profits, and losses, only as provided in this Plan.
Appears in 1 contract
