Rabbi Trust definition

Rabbi Trust has the meaning given to such term in Section 3.4(d) hereof.

Rabbi Trust means a “rabbi trust” or other similar arrangement established by the Borrower or any of its Subsidiaries to hold assets in connection with an employee benefit plan or arrangement.

Rabbi Trust means an irrevocable trust whose assets are not accessible to the accounting firm until all benefit obligations have been met, but are sub- ject to the claims of creditors in bank- ruptcy or insolvency.

Examples of Rabbi Trust in a sentence

• If the Employer adopts the Model Rabbi Trust, the Plan incorporates by reference the provisions of the Model Rabbi Trust as if fully set forth herein.

• The fair value of the trust owned life insurance (“TOLI”) policies held by the Rabbi Trust is based on the cash-surrender value of the life insurance policies, which are invested primarily in mutual funds and a separately managed fixed income fund.

• The Company established the Rabbi Trust to fund obligations to participants in the Deferred Compensation Plan.

• The Employer may adopt and attach to the Plan as "Appendix A," the Internal Revenue Service Model Rabbi Trust under Rev.

• Refer to Note 9 for a discussion of the fair value measurements of the assets held in the Rabbi Trust and the Deferred Compensation Plan obligations.

More Definitions of Rabbi Trust

Rabbi Trust means a trust or sub-trust established pursuant to Section 4.4 of the Plan.

Rabbi Trust means a grantor trust, as that term is defined in Section 671 of the Internal Revenue Code, established pursuant to a trust agreement entered into between the Bank and NationsBank.

Rabbi Trust means a trust agreement, if established, entered into by and between the Corporation and any trustee, to provide certain benefits under this Plan.

Rabbi Trust means a trust established by the Borrower or any Subsidiary to hold assets in connection with an employee benefit plan or arrangement, including, without limitation, the trusts established in connection with the Chemed Excess Benefit Plan, the Roto-Rooter Deferred Compensation Plan and the Chemed Corporation Long-Term Care Insurance Plan.

Rabbi Trust means the trust adopted by Constellation Energy Group pursuant to the Grantor Trust Agreement Dated as of January 1, 2001, between Constellation Energy Group and Citibank, N.A.

Rabbi Trust means the trust created to hold assets which will be used to pay the benefits provided hereunder, as provided in Section 7.4.

Rabbi Trust means a trust established by an agreement between the Company and a trustee with such terms and conditions as the Company, in its discretion, shall determine, for the purpose set forth in Section 14.