Common use of Action of the Employer Clause in Contracts

Action of the Employer. If ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank & Trust Co., FSB (the “Trust Company”) is appointed as Trustee, the Primary Employer authorizes the Trust Company to provide information relating to the trust forming part of the Employer’s plan to any of the affiliates of the Trust Company and their employees, including ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated and its financial advisors. Upon execution of the Adoption Agreement, the Trust Company will establish a Cash Management Account for Retirement Plans (RCMA Account) with its affiliate, ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated. This account will be used to hold the Trust’s securities in the name of MLPF&S, or in the nominee name designated by MLPF&S. By accepting the provisions of this Prototype Plan, the Employer hereby directs the Trust Company to withhold any information, (including but not limited to name of trust, address, and securities position) requested by any company in which securities are held. This shall apply to any and all securities held now, and to any securities held in the account of the Trust in the future.

Action of the Employer. If ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank & Trust Co., FSB (the “Trust Company”) is appointed as Trustee, the Primary Employer authorizes the Trust Company to provide information relating to the trust forming part of the Employer’s plan to any of the affiliates of the Trust Company and their employees, including ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated and its financial advisors. Upon execution of the Adoption Agreement, the Trust Company will establish a Cash Management Account for Retirement Plans (RCMA Account) with its affiliate, ▇▇▇▇▇▇▇ Lynch▇▇▇▇▇, Pierce▇▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated. This account will be used to hold the Trust’s securities in the name of MLPF&S, or in the nominee name designated by MLPF&S. By accepting the provisions of this Prototype Plan, the Employer hereby directs the Trust Company to withhold any information, (including but not limited to name of trust, address, and securities position) requested by any company in which securities are held. This shall apply to any and all securities held now, and to any securities held in the account of the Trust in the future.