Types of Contracts. To the extent that the Trustee is directed by the Committee prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Committee. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.
Appears in 12 contracts
Samples: Trust Agreement (Callaway Golf Co /Ca), Master Trust Agreement (Haynes International Inc), Master Trust Agreement (Wh Holdings Cayman Islands LTD)
Types of Contracts. To the extent that the Trustee is directed by the Committee prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Committee. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.
Appears in 7 contracts
Samples: Trust Agreement, Master Trust Agreement (Host Hotels & Resorts L.P.), Deferred Compensation Plan (Darden Restaurants Inc)
Types of Contracts. To the extent that the Trustee is directed by the Committee prior to a Change in Control to invest part or all of the Trust Fund in insurance contracts, the Insurer, the type of contract and amount thereof shall be specified by the Committee. The Trustee shall be under no duty to make inquiry as to the propriety of the Insurer, type or amount so specified.
Appears in 2 contracts
Samples: Trust Agreement (Wh Holdings Cayman Islands LTD), Trust Agreement (Herbalife International Inc)
Types of Contracts. To the extent that the Trustee is directed by the Committee Committee, prior to a Change in Control Control, to invest part or all of the Trust Fund in insurance contracts, the type and amount thereof shall be specified by the Committee. The Trustee shall be under no duty to make inquiry as to the propriety of the type or amount so specified.
Appears in 1 contract
Samples: Trust Agreement (Claiborne Liz Inc)