Alternate Trustee definition
Examples of Alternate Trustee in a sentence
The Secondary Advocate will be contacted if the Primary or Alternate Trustee cannot be reached or to obtain additional information.
An Alternate Trustee shall, as a condition to taking office, accept in writing the responsibilities of Trusteeship, as required of other Trustees under this Trust Agreement.
The Alternate Trustee may attend and have voice but no vote at any meeting where there are four (4) Covered Employee Trustees in attendance.
An Alternate Trustee shall be an individual who has worked as a freelance or staff employee in a Plan covered job category(ies) for a contributing employer(s) to the Plan and has achieved coverage under the Plan of Benefits.
An Alternate Trustee may attend in person, have voice and vote in place of a Covered Employee Trustee who is unable to attend any regular or special meeting of the Board of Trustees or any committee meeting on which an elected Covered Employee Trustee is a member.
The Covered Employee Trustees shall, as a group, nominate an Alternate Covered Employee Trustee (herein "Alternate Trustee"), and any successor Alternate Trustee(s) in the event of a vacancy, who shall be eligible to hold office (for the same term, including renewal terms) upon approval by the Board Of Trustees, as an elected Covered Employee Trustee, subject to the requirements of this Trust Agreement.
An Alternate Trustee may only be counted as a Trustee towards a quorum for an annual or special general meeting (under clause 5.8 of this Trust Deed) when the Trustee for whom the alternate Trustee is appointed is absent.
The term of office of an Alternate Trustee shall be four years from date of taking office and may be renewed by designation of the incumbent, elected Covered Employee Trustees, without limit as to renewal terms so long as he/she is a Covered Employee.
Each Trustee shall also designate an Alternate Trustee Representative who shall be authorized to act, and vote, in the absence of the Primary Trustee Representative.
Any successor Principal or Alternate Trustee shall immediately, upon appointment as Trustee and acceptance of the trusteeship in writing, become vested with all the property, rights, powers and duties of a Principal or Alternate Trustee hereunder with like effect as if originally named such Trustee herein.