Common use of Trustee Managed Investment Accounts Clause in Contracts

Trustee Managed Investment Accounts. The Trustee shall have no duty or responsibility to direct the investment and reinvestment of the Trust Fund, any Investment Fund or any investment account unless expressly agreed to in writing between the Trustee and the Client. In the event that the Trustee enters into such an agreement, it shall have the powers and duties of an Investment Manager under this Trust Agreement with regard to such investment account.

Appears in 3 contracts

Samples: Trust Agreement, Master Trust Agreement (Publix Super Markets Inc), Master Trust Agreement (Publix Super Markets Inc)

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Trustee Managed Investment Accounts. The Trustee trustee shall have no duty or responsibility to direct the investment and reinvestment of the Trust Fundtrust fund, any Investment Fund investment fund or any investment account unless expressly agreed to in writing between the Trustee trustee and the ClientEmployer. In the event that the Trustee trustee enters into such an agreement, it shall have the powers and duties of an Investment Manager investment manager under this Trust Agreement trust agreement with regard to such investment account.

Appears in 1 contract

Samples: Adoption Agreement (Timberland Co)

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Trustee Managed Investment Accounts. The Trustee shall have no duty or responsibility to direct the investment and reinvestment of the Trust Fund, any Investment Fund or any investment account Investment Account unless expressly agreed to in writing between the Trustee and the ClientCompany. In the event that the Trustee enters into such an agreement, it shall have the powers and duties of an Investment Manager under this Trust Agreement with regard to such investment accountInvestment Account.

Appears in 1 contract

Samples: Defined Contribution Plans Master Trust Agreement (Comcast Corp)

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