Common use of TRUSTEE SUCCESSION Clause in Contracts

TRUSTEE SUCCESSION. 7.1 The Trustee may resign at any time by written notice to the Investment Subcommittee, or the Investment Subcommittee may remove the Trustee by written notice to the Trustee. The resignation or removal shall be effective sixty (60) days after the date of the Trustee's resignation or receipt of the notice of removal or at such earlier date as the Trustee and the Investment Subcommittee may agree.

Appears in 4 contracts

Samples: Union Hourly Employees, Agreement (FMC Corp), Agreement (FMC Technologies Inc)

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TRUSTEE SUCCESSION. 7.1 8.1 The Trustee may resign at any time by written notice to the Investment SubcommitteeBenefits Administration Committee, or the Investment Subcommittee Benefits Administration Committee may remove the Trustee by written notice to the Trustee. The resignation or removal by the Benefits Administration Committee shall be effective sixty (60) days after the date of the Trustee's resignation or ’s receipt of the notice of removal or at such earlier date as the Trustee and the Investment Subcommittee Benefits Administration Committee may agree. The Trustee’s resignation shall be effective 120 days after the date thereof or at such earlier date the Trustee and the Benefits Administration Committee may agree.

Appears in 1 contract

Samples: Agreement (Kimberly Clark Corp)

TRUSTEE SUCCESSION. 7.1 8.1 The Trustee may resign at any time by written notice to the Investment SubcommitteeCommittee, or the Investment Subcommittee Committee may remove the Trustee by written notice to the Trustee. The resignation or removal shall be effective sixty one hundred twenty (60120) days after the date of the Trustee's ’s resignation or receipt of the notice of removal removal, or at such earlier date as the Trustee and the Investment Subcommittee Committee may agree.

Appears in 1 contract

Samples: Agreement (Phelps Dodge Corp)

TRUSTEE SUCCESSION. 7.1 8.1 The Trustee may resign at any time by written notice to the Investment SubcommitteeBenefits Administration Committee, or the Investment Subcommittee Benefits Administration Committee may remove the Trustee by written notice to the Trustee. The resignation or removal by the Benefits Administration Committee shall be effective sixty (60) days after the date of the Trustee's resignation or receipt of the notice of removal or at such earlier date as the Trustee and the Investment Subcommittee Benefits Administration Committee may agree. The Trustee’s resignation shall be effective 120 days after the date thereof or at such earlier date the Trustee and the Benefits Administration Committee may agree.

Appears in 1 contract

Samples: Agreement (Kimberly Clark Corp)

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TRUSTEE SUCCESSION. 7.1 8.1 The Trustee may resign at any time by written notice to the Investment SubcommitteeCommittee, or the Investment Subcommittee Committee may remove the Trustee by written notice to the Trustee. The resignation or removal shall be effective sixty (60) days after the date of the Trustee's ’s resignation or receipt of the notice of removal removal, or at such earlier date as the Trustee and the Investment Subcommittee Committee may agree.

Appears in 1 contract

Samples: Agreement (Dynegy Inc.)

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