Trustee to Construe Trust. The Trustee shall have the discretionary authority to construe those provisions of the Plan and Trust which relate to the Trustee and to do all things necessary or convenient to the administration of the Trust, whether or not such powers are specifically set forth in the Plan and Trust. Actions taken in good faith by the Trustee shall be conclusive and binding on all interested parties, and shall be given the maximum possible deference allowed by law.
Appears in 7 contracts
Samples: 401(k) Plan and Trust Agreement (Longview Fibre Co), Salaried Savings Plan and Trust Agreement (Longview Fibre Co), Savings Plan and Trust Agreement (Hanna M a Co/De)
Trustee to Construe Trust. The Trustee shall have the discretionary authority to construe those provisions of the this Plan and Trust which relate to the Trustee and to do all things necessary or convenient to the administration of the Trust, whether or not such powers are specifically set forth in the this Plan and Trust. Actions taken in good faith by the Trustee shall be conclusive and binding on all interested parties, and shall be given the maximum possible deference allowed by law.
Appears in 6 contracts
Samples: 401(k) Plan and Trust Agreement (Leggett & Platt Inc), Employees' Savings Plan and Trust Agreement (Timken Co), Employee Stock Savings Plan (La Gear Inc)
Trustee to Construe Trust. The Trustee shall have has the discretionary authority to construe those provisions of the Plan and Trust which relate to the Trustee and to do all things necessary or convenient to the administration of the Trust, whether or not such powers are specifically set forth in the this Plan and Trust. Actions taken in good faith by the Trustee shall be conclusive and binding on all interested parties, and shall be given the maximum possible deference allowed by law.
Appears in 2 contracts
Samples: Savings Plan and Trust Agreement (Nipsco Industries Inc), Employee Savings Plan Agreement (Nipsco Industries Inc)
Trustee to Construe Trust. The Trustee shall have the discretionary authority to construe those provisions of the Plan and Trust which relate to that govern the rights and responsibilities of the Trustee and to do all things necessary or convenient to the administration of the Trust, whether or not such powers are specifically set forth in the Plan and Trust. Actions taken in good faith by the Trustee shall be conclusive and binding on all interested parties, and shall be given the maximum possible deference allowed by law.
Appears in 1 contract
Trustee to Construe Trust. The Subject to the authority of the Administrator, the Trustee shall have the discretionary authority to construe those provisions of the this Plan and Trust which relate to the Trustee and to do all things necessary or convenient to the administration of the Trust, whether or not such powers are specifically set forth in the this Plan and Trust. Actions taken in good faith by the Trustee shall be conclusive and binding on all interested parties, and shall be given the maximum possible deference allowed by law.
Appears in 1 contract
Samples: Financial Security Plan and Trust Agreement (Caliber System Inc)
