Alternate Distribution. In lieu of the distribution set forth in section 2 of this Article VI, upon the written request of the Union and approval of a majority of the Trustees, the Trustees shall, after all obligations of the Trust have been satisfied or actuarially secured, turn over any remaining assets of the Trust to any future welfare benefit trust fund that may be created by the Union and Employers through collective bargaining agreements.
Appears in 2 contracts
Sources: Agreement and Declaration of Trust, Trust Agreement