Common use of TRUSTEE'S COMPENSATION; EXPENSES Clause in Contracts

TRUSTEE'S COMPENSATION; EXPENSES. Section 6.1. The Trustee shall receive reasonable compensation for its services in accordance with its schedule of compensation in effect when such services are rendered. The Trustee may amend the schedule from time to time, which amendment shall become effective no earlier than 30 days after written notice is sent to the Employer. The Trustee shall also be entitled to reimbursement for all reasonable expenses incurred by it in the performance of its duties hereunder including, without limitation, any expenses incurred in the consultation or employment of any agent pursuant to Section 2.3(l). Any such compensation or expenses and any income or other taxes which may be levied against the Trust Fund shall be paid out of the Trust Fund, unless paid directly by the Employer.

Appears in 12 contracts

Samples: Adoption Agreement (Dreyfus Growth & Value Funds Inc), Adoption Agreement (Premier Strategic Growth Fund), Adoption Agreement (Dreyfus Money Market Instruments Inc)

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TRUSTEE'S COMPENSATION; EXPENSES. Section 6.1. The Trustee shall receive reasonable compensation for its services in accordance with its schedule of compensation in effect when such services are rendered. The Trustee may amend the schedule from time to time, which amendment shall become effective no earlier than 30 days after written notice is sent to the Employer. The Trustee shall also be entitled to reimbursement for all reasonable expenses incurred by it in the performance of its duties hereunder including, without limitation, any expenses incurred in the consultation or employment of any agent pursuant to Section 2.3(l). Any such compensation or expenses and any income or other taxes which may be levied against the Trust Fund shall be paid out of the Trust Fund, unless paid directly by the Employer.

Appears in 1 contract

Samples: Trust Agreement (Kuhlman Corp)

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