Common use of Creation of a Trust Clause in Contracts

Creation of a Trust. The Board, in its sole discretion, may establish a trust that shall remain subject to the claims of Alion’s creditors. Upon creation of such trust, Alion shall contribute to the trust an amount equal to the amount credited to the Participant’s Deferred Compensation Account. The investment of trust assets shall be performed in accordance with Section 6 of this Agreement.

Creation of a Trust. The Board, in its sole discretion, may establish a trust that shall remain subject to the claims of Alion’s 's creditors. Upon creation of such trust, Alion shall contribute to the trust an amount equal to the amount credited to the Participant’s 's Deferred Compensation Account. The investment of trust assets shall be performed in accordance with Section 6 7 of this Agreement.